August - 2017

West Michigan's Employee Benefit Resource

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When does wellness work?

When does wellness work?

Effective programs move beyond ROI to look at value on investment. Employee wellness programs burst onto the scene with a promise that was too good to pass up: Healthier employees = reduced insurance costs, greater productivity and higher profits. The good news is a well-executed wellness program can deliver on this lofty objective, says Hans Hage, vice president of product development for StayWell in St. Paul, Minnesota. “Every indication we have supports the conclusion that

6 essential aspects of workplace culture

6 essential aspects of workplace culture

Yet another study is showing that money isn’t the only thing that can make a worker stay — and it’s not even at the top of the list for many employees. The main ingredients to crafting a successful culture are purpose, opportunity, success, appreciation, wellbeing and leadership, according to “The Six Essential Aspects of Workplace Culture to Focus on Today,” a joint study by the O.C. Tanner Institute, Y2 Analytics and Harvard Business School professor, Ashley Whillan. “Organ

Strategies employers are using to manage health care costs

Strategies employers are using to manage health care costs

Employers expect to step up their health care cost management strategies over the next three years, as their expenses are expected to rise by 5.5 percent in 2018, up from a 4.6 percent increase in 2017, according to the Willis Towers Watson 2017 Health Care Employer Survey. “While employers made significant progress over the last few years refining their subsidy and vendor/carrier strategies, many are now looking to other aspects of their health benefit programs in order to i

Just beginning to think about long-term care?

Just beginning to think about long-term care?

In the year 2000, almost 10 million people needed some form of long-term care in the United States. Of this population, 3.6 million (37%) were under age 65 and 6 million (63%) were over age 65 (Roger & Komisar, 2003). Recent research suggests that most Americans turning age 65 will need long-term care at some point in their lives. This section of the website provides basic information so you can begin to think about how you will handle the need for long-term care. Your path w

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