Case to be Made for Bringing Employee Wellness Programs Home
Posted Aug 26 2008 11:45am
Dynamic Dies partnered with employees and spouses to save one million dollars in healthcare costs while increasing employee benefits . The kicker, they only have 170 employees, 132 of whom participate in the health insurance program. To summarize, Dynamic Dies saw renewal increases of 15% in 2001 and 23% in 2002. Fast forward four years later and they were spending less on medical claims than in 2002. They had experienced no increase in monthly premiums for 4 years and actually gave back one month of premiums to employees 2 years in a row, all while improving medical coverage and saving $1 million. Okay, I am impressed. They did it by partnering with their employees and spouses to communicate information about health care costs as well as wellness, and expecting their employees to partner back.