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Return on Investment for Wellness Programs

Learn how you can implement an effective wellness initiative that delivers significant bottom line results.

Increasing health care costs and lost work time drain business productivity and profits. Businesses increasingly turn to corporate wellness programs for relief. Less than 1/3 of companies offered these programs ten years ago, but now it is estimated that over 2/3 of large companies have a formal wellness plan at a current price tag of 3.6 million dollars. Unfortunately, new studies suggest that those dollars may not be producing the expected return on investment. This topic identifies various types of wellness programs that can legally be offered to employees and examines what return on investment businesses can actually expect in terms of hard measurable returns and softer returns that present measurement challenges. In this material we will learn to identify and eliminate obstacles to workplace wellness so that your programs can better protect your employees and your investment in their health and happiness.

Runtime: 88 minutes
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Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

How Do You Know If Your Wellness Program Is Creating Potential Liability?

  • ERISA and HIPAA
  • The EEOC
  • Taxation
  • Type of Wellness Programs Today

What Return on Investment Can You Expect From a Corporate Wellness Program?

  • Specific ROI for Specific Wellness Components
    • Preventative Interventions (Including Surveys and Screenings)
    • Lifestyle Management
    • Disease Management
  • Heath Care and Disability Costs
  • Absenteeism and Presenteeism
  • Mental Health and Employee Wellbeing
  • Recruiting and Retention

Obstacles and Opportunities

  • Cultural Obstacles
  • Legal Obstacles
  • Financial Obstacles
  • Fighting Apathy and Building Momentum
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More Program Information

Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This course was last revised on July 17, 2019.

Call 1-866-352-9540 for further credit information.

  • AIPB 1.5
     
  • This program is acceptable for 1.5 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
     
  • ASA 1.25
     
  • This program qualifies for 1.25 continuing education hour(s) towards maintaining your ASA credential. Please contact ASA for more information at [email protected]
     
  • HR Certification Institute 1.5
     
  • This E-Learning program has been approved for 1.5 recertification credit hours toward general recertification through the HR Certification Institute. For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.
     
  • SHRM 1.25
     
  • Lorman Education Services is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.25 PDC(s) for the SHRM-CP or SHRM-SCP. For more information about certification or recertification, please visit www.shrmcertification.org.
     

To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.

  • Those applying for AIA and HRCI must view 100% of the program and answer the questions following the program.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Tonie Bitseff

Tonie Bitseff

Buchalter

  • Member of the Taxation and Labor & Employment Practice Group in Buchalter’s Seattle office
  • Over 20 years of experience serving as ERISA counsel to employee benefit plans and employers
  • Addresses legal issues in design, implementation, administration, corrections, and conflict resolution related to health plans, severance plans, life insurance, disability benefits, wellness plans, 125 plans, individual account plans (HSAs, FSAs, and HRAs), retirement plans, and other forms of compensation
  • Assists clients with design, diligence review, internal audits, benefit outsourcing, vendor management, coverage issues, ERISA fiduciary liability, ERISA claims and appeals processes, and government audits
  • She serves as ERISA counsel supporting contract negotiations and business transactions such as mergers and acquisitions
  • LL.M. degree in taxation, University of Washington School of Law; J.D. degree, Seattle University School of Law; B.A. degree in speech communications, University of Washington
  • Can be contacted at 206-319-7042 or [email protected]
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More Program Information

Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

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* For audio recordings you only pay shipping

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Product ID: 405783
Published 2019
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Available in Multiple Formats

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