The High Cost of Caregiving

July 20, 2017

Many employers recognize the burden that caregiving employees shoulder: A new survey by the Northeast Business Group on Health (undertaken in partnership with AARP) finds that more than three quarters of the 129 mostly large employers surveyed agree that caregiving will grow in importance to their companies over the next five years. Respondents cited increased productivity, decreased absenteeism and reduced healthcare costs as the top drivers that would make a compelling case for investing in benefits that would make them “caregiver friendly” organizations.

Digital Resources Help Balance Diabetes Management

July 19, 2017

The workplace can play an important role in diabetes management, said Dr. Jeremy Nobel, medical director at the Northeast Business Group on Health. Workplaces have historically relied on weight control programs and screening for diabetes management. “Those have some value, but they’re not what they could be,” said Nobel. He suggested a more personalized approach to weight control. Digital solutions are one way to make this individualized approach easier.

Warning signals to New Jersey on health care costs

June 13, 2017

New York, Connecticut and Pennsylvania have recently done New Jersey a favor. The state’s neighbors have flashed a warning sign that the Garden State would do well to notice.  In the past month, New York, Connecticut and Pennsylvania health insurers taking part in the Affordable Care Act (ACA) marketplace have filed their premium rates for 2018. The increases are staggering. They are part of a national trend that New Jersey will soon fall victim to if the debate over health care is not resolved quickly in our nation’s capital.

Employee wellness is serious business

June 2, 2017

Absenteeism is 27% lower for those workers who eat healthy and get regular exercise. Another report conducted by the Northeast Business Group on Health found that overweight employees cost their employers $73.1 billion a year and file twice the number of workers’ compensation claims.

As the previously mentioned research shows, having healthy employees is important for productivity, culture, and cost containment. So where does a company start? First of all, upper management must be supportive of the program. Researchers found that people who had a highly supportive environment at work not only exercised more, but also engaged in increased levels of leisure time activities while they were away from the office. Once the company’s leadership is on board, the focus should be on stress management, nutrition and exercise programs. Wellness programs don’t have to cost a fortune – there are many low-cost options that cover these three areas. Studies show that the key to success with wellness programs is consistency. Programs were more successful when offered to employees on an ongoing basis for a long duration. Web-based programs, when administered for three plus years, saved employees an average of $332 annually in personal costs. The study also found that wellness program participants are more likely to take responsibility for their own health and have regular physicals and preventative screenings.

Digital Diabetes Solutions Can Play Valuable Role in Workplace Diabetes Interventions, Says Report

May 3, 2017

Digital diabetes solutions are not a panacea but can offer employers valuable assistance in combatting diabetes among their populations, says a new report from Northeast Business Group on Health (NEBGH). The report, “Digital Diabetes Solutions in Action: An Opportunity Study,” profiles a pilot program begun within a segment of employees at Mount Sinai Health System that integrated Livongo for Diabetes, an interactive blood glucose monitoring system, into an advanced diabetes management program.

Digital diabetes solutions

May 3, 2017

With employers footing a major part of the nation's massive diabetes-driven $300 billion medical bill, new digitally based workplace programs are showing progress in managing those costs and improving employees' lives.

Women’s health app helps employers upgrade maternity benefits

April 24, 2017

"First and foremost employers want a healthy birth," said Emily Sasser, special projects manager at the Northeast Business Group on Health, which offers employers in the region resources for managing employee benefits. In their efforts to keep costs down at the point of birth, employers are working to direct women to quality providers who can help them reduce risks during pregnancy. They're also becoming "laser-focused" on reducing C-sections, Sasser said. Maven has worked to tap into these concerns. The app offers additional support to those at high risk for complications and dispenses information on C-section rates at local hospitals and facts about what constitutes a medically necessary C-section when a user is developing a birth plan, Ryder said. Still, the company faces growing competition in the pregnancy-tracker market. "In the last three years, it's really exploded," Sasser said.

Digital platforms could be the next revolution in diabetes management

April 24, 2017

Employers who embrace a digital approach to combating diabetes in the workplace can not only provide employees engaging opportunities to help manage the condition, but also take advantage of cost-saving measures. A recent pilot program within a segment of employees at Mount Sinai Health System integrated Livongo for Diabetes, an interactive blood glucose monitoring system, and showcased significantly enhanced connection and engagement between employees and health services. Additionally, it showed “timely, secure and convenient collection of data that can lead to improved clinical care,” according to a new report from the Northeast Business Group on Health.

Supporting caregivers in the workplace is a good investment, says report

March 29, 2017

Employers need to be aware of the potential pay-offs for offering benefits and services that make caregiving an easier burden for employees to bear, says a new report from Northeast Business Group on Health (NEBGH). The report, “The Caregiving Landscape: Challenges and Opportunities for Employers,” says that maximizing productivity, reducing future employee healthcare costs, and attracting and retaining talent are among the reasons employers should consider specific policies and services designed to help employees who are providing care to loved ones.
 
Challenges to better supporting these employees include resistance to being labeled as a “caregiver,” the absence of best practices for employers, and the need for buy-in from executive management.

Why employers need to offer benefits to informal caregivers

March 28, 2017

More than one in six U.S. employees has a secondary job their employer might not know about: informal caregiving for a relative. As the older adult population in the U.S. is projected to nearly double in size by 2050 from 48 million to 88 million, employers need to expect that employees might be distracted with the financial and emotional burden of caring for a relative and are looking for support in the form of peer support groups, medical tools, flexible schedules and more. In fact, 23% of employees are spending 41 hours or longer each week caring for a relative, according to a new report from the Northeast Business Group on Health. On average, employees spend four years in the role of caregiver and 24 hours a week providing caregiving assistance.