INCENTIVES WORK for 1st National Bank
Background:
First National Bank (FNB) has always offered a comprehensive benefit plan to their 2000+ employees, but changed vendors to Life Time Fitness so they could offer screenings and coaching to all employees.
Solution:
FNB funded an additional $250 into an employee’s HRA account if they participated in the screening and reduced monthly premium contributions by $20 for their traditional plan offering.
Results:
• 65% participation rate, compared to less than 1% with prior carrier. Screenings were conducted again in April '08, with 80% participation.
Glenbrook High School District Realized HEALTH CARE SAVINGS
Background:
Glenbrook High School District’s average health care costs had grown at an annual rate of more than 24% per year from August 2000 to September 2003. The district’s primary goal was to meet the day-to-day needs of employees, as well as realize cost savings.
Solution:
Since 2004, we worked together to promote wellness among the district's 800+ staff. The program included health assessments, coaching, corporate memberships and numerous on-site group fitness classes for all Glenbrook employees, as well as spouses.
Results:
• Over $5M in health care savings since 2004
• Recognized both nationally and in Illinois as a "Best Business Practice”
FITNESS PAYS for Medica Health Plans
Background:
Based on published research, Medica Health Plans hypothesized an incentive based fitness program would result in attracting and retaining members, increase member satisfaction, and lower and/or maintain the health care spend for the members who enrolled.
Solution:
When plan members exercise at Life Time Fitness, they are rewarded with monthly savings on their membership fees.
Results:
• Average monthly medical costs of participants were 33.6% lower than those in a matched control group
• People not enrolled in the program and who did not exercise eight times a month were 43% to 105% more likely to have been to a clinic, hospital or emergency room