Measuring the ROI from Wellness Programs - For Real
What you'll learn
- Estimate total spending and benefits from wellness and related activities.
- Recognize how to critically analyze savings reports presented by vendors and benefits consultants.
Requirements
- Prerequisite: Exposure to wellness programs
- Advanced Preparation: None
Description
This course introduces financial professionals to “real” wellness ROI measurement, which usually yields the opposite result from what your Human Resources department is telling you (and what they in turn are being told/sold by their consultants and vendors). As the department that is ultimately responsible for healthcare spending, you can’t allow yourselves to be “shown savings” that don’t exist.
We demonstrate exactly how to question those "savings" and determine if, indeed, there is any value in this expenditure, which – including incentives, program expense, screening, consulting fees, management time, and extra doctor visits and testing – can easily exceed $600/employee/year. We also discuss whether medicalizing the workplace may even be harmful to employees and highlight how to closely supervise the entire organization on this topic with the tools, knowledge and links this course provides.
Who this course is for:
- Anyone interested in Accounting, Finance, or Bookkeeping.
Instructors
![Illumeo Learning](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 64 64"%3E%3C/svg%3E){kind=avatar}
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- 323 Courses
Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job.
Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination.
Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.
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Experience
Troublemaker-in-Chief : - [2014-08 to Current]
Two components to job description. First, I catch wellness companies, benefits consulting firms, and carriers lying about their wellness outcomes and post the lies on this website. I kick posterior and take appellations. Second, I dare them to sue me.
President : DMPC Inc. - [1995-03 to Current]
Procurement and Outcomes Evaluation for Population Health (wellness, disease management etc.) for health plans, large employers, and the GE-Intel Validation Institute
Chairman and CEO : Peer Review Analysis Inc. - [1993-04 to 1995-03]
Chairman and CEO of NASDAQ-listed External Review Organization (acquired by CORE Inc. in 1995)
Executive Vice President : Interqual (now part of McKesson) - [1990-12 to 1993-04]
Vice President : Bain &. Co., Inc. - [1982-08 to 1990-11]
Education
JD, Law : Harvard University - [1979 to 1982]
BA, Economics : Harvard University - [1974 to 1978]
isease Management Purchasing Consortium at 890 Winter Street, Waltham, MA and I'd like to make it 37 Pennsylvania Avenue, Newton MA 02464