Blog

Explaining The Benefits of an HSA by Robert Powell

When it comes to saving for healthcare expenses in retirement, there are few better options than a health savings account (or HSA). Because HSAs are relatively new (2003), many employees either do not know or are misinformed about their benefits; however, the triple-tax advantage of an HSA makes it worth…

Is Your Wellness Program Helping Employees with Chronic Conditions? by Michaela Savell

According to the CDC, “Six in ten adults have a chronic disease, and four in ten adults have two or more.”1 Treatment of chronic disease costs an estimated  $3.3 trillion per year – or 90% of America’s total medical-related expenditures.  The following list highlights some of the more common…

Five Ways to Improve Your Diet, Reduce Healthcare Costs and Improve Longevity by Michaela Savell

Everyone knows that improving your diet is good for your health, but few understand that proper eating can directly increase your lifespan and the balance of your bank account. Here are some examples: Dan, a 40-year-old male with high blood pressure, will live one year longer and save an average…

A New Approach to Measuring the ROI of Wellness Programs by Michaela Savell

If you cannot measure it, you can’t improve it. ­­­­­ – Peter Drucker Most companies are able to measure basic production variables, such as employee absenteeism and/or time-on-task; however, it appears that calculating the return on investment of wellness programs has been much less successful. In fact, according to…

Want to Live Longer and Have More Money in Your Pocket? Participate in Your Company’s Wellness Plan by Michaela Savell

Many large corporations are beginning to appreciate the impact of wellness programs on employee happiness and productivity, and they are starting to get creative to increase participation. Some have gone as far as installing on-site athletic facilities, offering free subscriptions to mobile applications, and providing “wearables” to track progress. (In…

Making the Health-Wealth Connection in Financial Wellness Programs by Robert Powell

Most financial wellness programs are focused on helping employees spend less, saving more wisely, and learning about different financial opportunities available to them. Possibly the most important goal included in these programs is encouraging employees to save toward goals such as retirement, children’s education, and emergencies. But few programs are…

Five Financial Wellness Trends by Michaela Savell

Workers and employers definitely share one similar goal: financial stability.  But the key to solving this concern may be easier than ever before. By implementing simple and behavior based modifications as the driving force of wellness, employees can gain financial and physical stability. Studies show that nearly 6 in 10…

The Cost of Not Listening to Your Doctor by Rachel L. MacKelcan

Most don’t think about staying healthy as an easy way to make money, but health offers a significant return-on-investment (ROI). Staying healthy allows us to work longer, save more money, and hopefully enjoy spending it throughout retirement. Most don’t equate their doctor’s orders as an easy way to make money, but…

Connecting Health and Wealth to Drive Successful Wellness Programs by Rachel L. MacKelcan

Seventy percent of companies currently offer some form of wellness program. This reflects the desire to keep employees healthy and lower medical-related expenses. (click here) Unfortunately, survey data shows that many employees do not understand the positive financial impact of these programs, making them less likely to adopt the…

Walk More, Live Longer, Save More: The Benefits of Exercise to your Life Expectancy and Your Wallet by Rachel L. MacKelcan

  One of the greatest misconceptions in fitness is how much time and money one needs to spend in order to achieve their desired results.  Many believe that cutting-edge nutritional products and complex exercise programs will help magically transform their bodies, but neglect the simple benefits of a brief and…