Sponsored by Forest Grove Economic Development
Home Archives April 2008 Assessing health risks to reduce costs

Assessing health risks to reduce costs

| Print |  Email
Tuesday, April 01, 2008

EmployeeStress.jpg

These days, the health of an employee means a lot. So, as health-care costs rise, more companies are recognizing the value of providing preventive care. In order to understand just what an individual should do now, to avoid everything from asthma and diabetes to heart disease and obesity in the future, many companies are turning to health-risk appraisals.

These questionnaires help take stock of an individual’s general health and wellness or identify the chance of developing specific diseases. The appraisals can include hundreds of questions or just a few, depending on their purpose.

The Oregon Center for Applied Science (ORCAS), a company that receives funding from the National Institutes of Health, has developed more than 100 behavior modification programs, many of which include health-risk appraisals. The programs tackle obesity, depression, alcohol abuse, smoking and stress.

“The goal of our programs is to help employees get the right kind of help,” says Stacey Schultz, ORCAS president and CEO. “We tailor solutions based on the results of their health-risk assessment. For example, if you don’t exercise frequently, we want to deliver a program that starts you out slower than someone who exercises frequently.”

But asking an employee to share details about their health with an employer creates obvious privacy concerns. In most cases, the process is HIPPA compliant, and outside entities handle all of the appraisal’s results and recommendations. As a precaution, both employers and employees should know upfront where the information will go and how it will be used.

As an incentive to take the health-risk appraisals and participate in subsequent programs, many companies offer employees reduced insurance premiums, knowing that in the end, healthy employees mean a better bottom line.

“Ultimately, these programs help make employees more productive,” Schultz says. “And if employees are healthier, there will be fewer health claims and benefit costs go down.”          

LUCY BURNINGHAM



Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

Two sides of the coin

Contributed Blogs
Monday, August 25, 2014
0825 thumb moneyBY JASON NORRIS | OB GUEST BLOGGER

Ferguson Wellman’s investment views on the economy and capital markets.


Read more...

Risks & rewards of owning triple net investments

Contributed Blogs
Thursday, July 24, 2014
NNNinvestmentBY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR

With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.


Read more...

Interview: Dr. Mark Goulston

Contributed Blogs
Thursday, July 10, 2014
JustListenBY TOM COX | OB BLOGGER

Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.


Read more...

Private liberal arts education: superior outcomes, competitive price

Contributed Blogs
Tuesday, August 26, 2014
0826 thumb collegemoneyBY DEBRA RINGOLD | OP-ED CONTRIBUTOR

Why has six years become an acceptable investment in public undergraduate education that over-promises and underperforms?


Read more...

Podcast: Interview with Pete Friedes

Contributed Blogs
Wednesday, August 27, 2014

082714-thumb friedesbookTom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.


Read more...

Portland rises

News
Monday, August 18, 2014

IMG 2551Portland is in the middle of another construction boom, with residential and office projects springing up downtown, in the Pearl and Old Town. OB Web Editor Jessica Ridgway documents the new wave.


Read more...

Trends in business succession

News
Thursday, July 03, 2014
TrendsBY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS

The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS