Event: HRForum, Health and Wellness: Trends in Employer Sponsored Benefit Programs

According to the SHRM website, if a company correctly implements a wellness program using thorough, company-specific research and planning, the program can be a “win-win” for both the employer and the employees. Wellness programs can benefit employers by: lowering health care costs, reducing absenteeism, reducing workers’ compensation and disability-related costs, reducing injuries and improving employee morale and loyalty. This forum is designed to provide students an understanding of how, as direct benefit costs continue to escalate, for both the employer and employee (increased premiums, copays, high deductible plans), companies are being required to be more thoughtful and creative about benefit offerings.  As a result, many companies are increasing existing or implementing new Wellness programs as part of the company-sponsored benefits. The keynote speaker will talk about trends in wellness programs and the panelists will provide insight into their individual company [...]

Wellness big business for Solon firm

Timothy Magaw for Crain's Cleveland Keeping employees healthy is a good business plan these days as health care costs continue to inch upward, and a Solon-based company appears to be benefiting from helping employers do just that. Launched in 2005, BeWell Solutions positions itself as a business that can improve an employer’s bottom line by reducing employees’ health risks through educational seminars, biometric screenings, health coaching and other tactics. Revenues at BeWell, according to its top executives, are on the upswing, growing 100% in 2010 over the previous year and 60% on top of that in 2011. At present, BeWell is 40% ahead of where it was last year in terms of revenue, with “major opportunities in the pipeline,” said William Frankel, its executive vice president. Specific revenue figures were not disclosed. The company recently moved from a 3,500-square-foot space [...]