As we mentioned, the health of your staff will eventually be the health of your company. With approximately 60% of the nation living with 1 Chronic Illness and 40% struggling with 2, it is obvious that it is time for employers to step up. Once a year wellness events have not provided the desired impact and projected ROIs never panned out. All the while, health insurance cost is escalating, and the onset of chronic illness right along with it.
America is 4% of the world’s population, yet we consume a very large unproportionate percentage of the world's Prescription Drugs Manufactured. Prescription drug use in the United States has reached record levels, reaching 6.7 billion prescriptions —approximately 19 .5 prescriptions for every American— filled in 2022 alone (IQVIA The use of medication in 2023).
The solution rests in weekly and monthly awareness which turns into activities and a mindset to reach a better healthier lifestyle. A culture of wellness fostered by a participatory proactive approach is one that either does not require an individual to meet a health-related standard to obtain a reward or do not offer a reward at all.
Participatory wellness programs comply with the nondiscrimination requirements without having to satisfy any additional standards, as long as participation in the program is made available to all similarly-situated individuals, regardless of health status.
There is no limit on financial incentives for participatory wellness programs. Proactive Participatory Care Wellness and Integrated Medical Expense Reimbursement Plan (PPC-WIMPER) is a term for an employee health and welfare plan that combines a wellness program with a medical expense reimbursement plan designed to encourage employees to make healthy choices.
The goal is to improve the health of employees and reduce healthcare costs.
According to once source “The U.S. healthcare system remains fragmented, opaque and often dysfunctional, despite the rallying efforts of the pandemic years.” (IQVIA The use of medication in 2023).
The award winning PredictaMed.Ai implemented by the wellness vendor, provides risk management in healthcare through a complex set of clinical and administrative systems, processes, procedures, and reporting structures designed to detect, monitor, assess, mitigate, and prevent risks to patients.
Our mission is to improve people’s health and reduce healthcare cost by providing industry leading health management science, technology and advocacy to prevent and manage disease.
How? By engaging an Industry-leading, third party validated health management science company that has designed predictive analytics to prevent and manage chronic disease.
The risk management process is not a one-time event. By identifying, assessing, and mitigating risks, health risk management can help to prevent or reduce the impact of negative health events.
THIRD PARTY VALIDATED - PROVEN RESULTS 2015, 2019, 2020, 2021, 2022