Employee health benefit expenses have increased by more than 9% in 2012. With employers trying desperately to reduce insurance costs, workplace wellness programs are increasingly popular. Nearly 80% of large companies offer them, and those who do have seen a 28% reduction in sick leave, a 26% reduction in healthcare costs, and a 30% reduction in...
By Hillary J. Collyer
DiMuroGinsberg, PC
Is your organization concerned with having a healthy workforce? Is it considering making some changes to reach this goal, such as pledging to hire healthier employees to keep skyrocketing health care costs down? If that’s your plan, you’d best think again.
Cost of Hiring ‘Healthy...
Many employers planning to make significant changes to health care benefits
Employers plan to use different methods over the next several years to manage rising health care costs and improve the health of their employees, according to the 2012 Towers Watson/National Business Group on Health Employer Survey on Purchasing Value in Health Care. The...
On March 13, 2007, Governor Elliot Spitzer signed landmark legislation that included major reforms to New York's workers' compensation system. The new legislation ended a legislative deadlock that had lasted more than a decade. Let's take a look at some of the particulars.
Long time coming
Surprisingly, workers...
