RECTIFYING OUR RISING HEALTH

CARE COSTSPresenter: Kt Flood

27 April 2010

AGENDA

Background

• General Electric• PPG Industries• Minitab Inc

Case Studies

New Initiatives

Resolutions

BACKGROUND

• Health Care Costs Burdening Our Company

• Health Benefits vs. Employment• HR’s role

GENERAL ELECTRIC

PPG INDUSTRIES

MINITAB, INC

“an appointment with the personal trainer is

treated like any other business meeting”

• Healthy Costs Less• Onsite Facilities• Community

Involvement• Personal Trainers

NEW INITIATIVES

Health Reform• Tax Credit– 2010-2013: 35%– 2014: 50%

• Wellness Incentives– Grants For Small Business– 30% Premium Discount

Aetna• “mouth-body connection”

OUR RESOLUTIONS

• Offer High Deductible Health Plan– Transfer Choice to EE’s– Combat Preventive Health Issues

with HSA

• Introduce Wellness Programs– Decrease EE Health Spending– Increase EE Fitness – Increase EE Overall Health– Increase Organizational Commitment

QUESTIONS?

BIBLIOGRAPHYAffairs, T. B. (2010). Flexible Benefit Programs: Overview. Retrieved March 31, 2010, from Human Resource Library:

http://hrlibrary.bna.com/hrlw/2000/split_display.adp?fedfid=692850&vname=hrpolconcat&fcn=1&wsn=501512000&fn=692850&split=0  Figliolini, A. J. (2010, March). HR Generalist at Microsoft. (K. Flood, Interviewer) Fogarty, S. (Aug 2007). Evaluating ROI for Wellness Programs. Benefits and Compensation Digest (Vol. 44 Issue 8) , 22-25. Harnett, C. (2010). Lowering Healthcare Costs. Human Resource Executive Online . Hershbine, T. (2010, March). HR Executive at Minitab Inc. (K. Flood, Interviewer) Huff, C. (2010, March). Dental Programs Make the "Mouth-Body Connection". Retrieved March 31, 2010, from Workforce Management:

http://www.workforce.com/archive/feature/27/06/51/index.php  Kerber, R. (2010, March 23). Reuters. Retrieved March 25, 2010, from Advocates See Growth for Health Savings Accounts:

http://www.reuters.com/article/idUSTRE62M4AY20100323 Miller, S. (2010, March 22). Beyond Plan Design: A Multidisciplinary Approach to Health Costs. Retrieved March 31, 2010, from SHRM.org:

http://www.shrm.org/hrdisciplines/benefits/Articles/Pages/Multidisciplinary.aspx Miller, S. (2010, March 25). Wellness Programs Get a Boost in Health Reform Law. Retrieved March 31, 2010, from SHRM.org:

http://www.shrm.org/Publications/HRNews/Pages/WellnessReformBoast.aspx Neftzger, A. (2009, October 10). 'Tectonic Plates' and the ROI of Health Benefit Programs. Retrieved March 31, 2010, from SHRM.org:

http://www.shrm.org/hrdisciplines/benefits/Articles/Pages/HealthBenefitsROI.aspx Pelissero, S. (2010, March). Director of Corporate Recruiting at PPG Industries. (K. Flood, Interviewer)  Robison, J. (2010, April 2). Disengagement Can Be Really Depressing. Retrieved April 5, 2010, from Gallup Management Journal:

http://gmj.gallup.com/content/127100/Disengagement-Really-Depressing.aspx  Sims, M. (1997, March 28). Wellness Programs are Worth Every Dollar You Spend. St. Louis Business Journal . Unknown. (2009). Benefits of Worksite Wellness Programs. Retrieved March 31, 2010, from Wellness Proposals:

http://www.wellnessproposals.com/wellness_proposals_guide_to_worksite_wellness/benefits_of_worksite_wellness.htm Unknown. (2009). Establishing a Wellness Committee. Retrieved March 31, 2010, from Wellness Proposals:

http://www.wellnessproposals.com/wellness_proposals_guide_to_worksite_wellness/establishing_a_planning_committee.htm