Employee Benefits Market Check Survey: Wellness Programs

Employee wellness programs continue to increase in popularity and are becoming a standard part of employee benefits packages. While most employers will acknowledge that they hope these programs will reduce their medical claims, they are also using them as employee engagement tools and to demonstrate their investment in the health of their population.

We conducted a poll during a webcast on November 18 to gain insight into how employers are deploying their wellness programs. The results are in the charts below.

Key Findings
Interestingly, over half of respondents indicated their wellness program requirements were tied to employee participation only and did not require them to complete any health activities or meet any specific health metrics. The most common wellness incentive that employers offer is a reduction in health plan premiums. Notably, despite the buzz in the market, none of the respondents indicated they had implemented a vaccine surcharge at this time.

As employers continue to evolve their strategies, they might consider requiring employees to invest more in the wellness program to earn any incentives.

Should you have any questions regarding any of this information, please contact your local Assurex Global adviser.