Friday, May 17, 2013

Wellness, wellness, wellness!!!

Wellness programs have been gaining a lot of attention. The Equal Employment Opportunity Commission (EEOC) recently held a hearing to explore wellness programs in greater detail. The speakers included Amy Moore on behalf of the ERISA Industry Committee (ERIC). The EEOC has posted a video of the hearing as well as materials on their website. EEOC Commissioners also issued statements about the need for the EEOC to issue guidance in this area. ERIC members can read a more in-depth analysis of the hearing here.

Wellness has also been the focus of several different studies. One of these studies found that 82% of companies offer some form of incentives and/or disincentives in their wellness programs. Companies indicated that 98% of the feedback they received from employees was “somewhat positive” to “very positive.” Another study found a 9% increase in the number of companies offering wellness programs since 2009.

A recent article in the American Journal of Preventive Medicine also focused on wellness programs. It reviews Johnson & Johnson’s wellness program, and the increasing role of wellness programs in improving employee health and morale, while also reducing health care costs.

Additionally, the Internal Revenue Service (IRS), U.S. Department of Labor, and U.S. Department of Health and Human Services are expected to finalize their proposed regulations on wellness very soon.

ERIC members and guests can learn more about the latest news on wellness on the FocusOn Conference Call: Wellness – the New and Continuing Challenges on May 21st at 2 pm – 3 pm ET. ERIC members and trial members can sign up here. If your company is not yet an ERIC member and you would like to request to attend the call, please contact Adreanne Cooper at acooper@eric.org.

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