Announces Results of 2011 Engage in Health Survey on Corporate Wellness
William Gallagher Associates (WGA) announces the results of its 2011 Healthcare and Wellness Market Survey on corporate wellness and strategies to address rising health care costs. The survey, a key part of WGA’s Engage in Health initiative, offers insight into the practices and plans of middle market employers, ranging in size from 50 to 5,000 employees. Click here for a link the full results of the survey.
The survey demonstrates a great amount of awareness and concern over improving health outcomes and lowering the overall cost of employee health insurance. This represents a major change from the emphasis of the first decade of the millennia, which saw more focus on cost savings through plan design and the introduction of Consumer Driven Health Plans.
Unlike most other employer surveys, WGA also asked opinions about various strategies and tactics to address obesity in society, which produced some interesting results:
- While only a quarter of respondents have implemented certain wellness programs, another quarter are at various planning stages for the near future, reflecting a major change in thinking in the Northeast.
- For those employers that have implemented plans, 48% are committed to positive reinforcement versus penalties.
- 50% of respondents believe that the current method of paying doctors and hospitals is “broken”, while only 3% think it works. But, only 27% of respondents think the payment system should be changed to a budgeted, quality focused model.
William Gallagher Associates (WGA) is a leading provider of insurance brokerage, risk management and employee benefit services to companies with complex risks and dynamic needs, within industries that include life sciences, technology, financial risks, healthcare, energy, clean tech and environmental services. The firm was founded in 1983 and is one of the country’s leading independent brokerage firms, with offices in Boston, MA; New York, NY; Hartford, CT; Princeton, NJ Columbia, MD; and Atlanta, GA.
WGA’s professionals are available with expertise to provide background or be interviewed on the record in a range of subject areas.
Please feel free to contact us directly at the firm:
Marketing Director and Senior Vice President
William Gallagher Associates
470 Atlantic Avenue
Boston, MA 02210