Health
Management is a real world strategy for significant cost reduction that works -
when done right.
As is evidenced by current health care costs,each person's wellness does matter!
Less than optimal wellness increases costs - in the form of increased plan utilization, absenteeism, and presenteeism.
It's well publicized that more than 70% of all health costs are caused by poor individual lifestyle choices.Obviously, implementing incentives or disincentives to address this portion of the expense would provide a meaningful impact on the bottom line.