ERIC memorandum template
ERIC
ERIC Updates

THE ERISA COMMITTEE

<nobr>Jun 22, 2005</nobr>

Final Results of the ERIC & Deloitte Wellness Survey

The ERISA Industry Committee (ERIC) and Deloitte & Touche USA LLP have received the results of its wellness program survey of some of the country’s top corporations.

The survey results were presented by former Secretary of Health and Human Services Tommy G. Thompson, and Barbara Gniewek from Deloitte Consulting LLP, at ERIC’s “Major Employers: Controlling Your Health Care Budget” conference.

“Wellness programs are an efficient and cost-effective way to encourage workers to lead healthier lives,” stated Mark J. Ugoretz, ERIC’s president, “and healthier employees mean lower costs for employees and employers. The survey is a great tool to show employers how their employees take advantage of available wellness programs, and if those programs need to be changed or new ones added.”

Sixty-two percent of companies surveyed said they had taken steps to improve their employees’ health through wellness programs, while 33 percent said they were considering implementing wellness programs.

When asked if rising health care costs played a role in their decisions to offer wellness programs, 64 percent of companies surveyed said yes, while 34 percent said it played a role, but was not the deciding factor.

Thirty-two percent of companies surveyed reported less than 10 percent of their employees participated in company-sponsored wellness programs, and eleven percent of companies said 50-75 percent of their employees participate.

When asked if incentives were used to encourage the use of wellness programs, over half of surveyed companies said they were not. Of companies that did, 48 percent offered incentives such as contributions toward Flexible Spending Accounts; cash awards; discounts on wellness programs such as smoking cessation and weight loss programs; and monthly premium discounts.

“The results show employee participation in company-sponsored wellness programs is less than desired,” Ugoretz said. “But employers see this as a challenge to be met.”

“Employers large and small see the potential in encouraging employees to lead healthier lifestyles by eating better, exercising more and not smoking,” said Tommy G. Thompson, the Independent Chairman of the Deloitte Center for Health Solutions. “Wellness programs are a long-term investment in a healthier, happier and more productive workforce. That will be good for workers’ waistlines – and companies’ bottom lines.”


Back to Previous Page