Issue link: https://nebusinessmedia.uberflip.com/i/992084
110 | DOING BUSINESS IN CONNECTICUT | 2018 2018 | DOING BUSINESS IN CONNECTICUT | 110 For years, companies in a variety of industries have instituted wellness programs to encourage healthy habits among their employees, improve productivity and lower health care costs. Today, these programs are a nearly $8 billion industry in the U.S. and are expected to grow at nearly 7.8 percent annually through 2021. Increasingly, companies are expanding these programs to target employees' emotional and financial well-being, as well as their physical health. But despite their popularity among employers, many wellness programs yield mixed results in helping participants - particularly those with chronic conditions - improve their health over the long run. AN INNOVATIVE ALTERNATIVE A Health Activation™ program – based on clinical data – is an effective way for self-funded employers and Taft-Hartley plans to engage employees in their own health, sustain healthy behaviors and lower costs. Headquartered in Connecticut, Care Management Solutions is a leading health and wellness company that administers one of the largest value-based wellness programs in the country with over 191,000 participants. Working closely with employers, Care Management Solutions designs and administers flexible, evidence- based health activation programs that help elevate employee wellness, track their progress and drive measurable results. HOW HEALTH ACTIVATION WORKS Unlike traditional wellness programs, health activation programs are structured around clinical evidence. Regardless of which health plan an employer offers, Care Management Solutions uses data from multiple sources to facilitate the program. Employers can continue the program year after year, regardless of carrier or plan changes. Care Management's Solutions' Participant 360™ stratifies an employer's population into categories based on age and gender- specific preventive care standards. Sophisticated analytics are then applied to this rich database. Participation Rate Cost Savings Basic Voluntary Incentive Based Value/Benefit Based Wellness 1.0 Wellness 2.0 Wellness 3.0 Health Activation Sponsored fun runs Healthy snacks Healthy eating Biometric screenings Health risk assessment Preventive screenings Health savings account deposit Benefit differentials Premium differentials Chronic disease management Medication adherence protocols Typical Wellness Program Continuum Most programs plateau here at 2.0 Health Activation™: Taking Employee Health to the Next Level COMPANY PROFILE