Measuring The Roi From Wellness Programs - For Real

This course introduces financial professionals to REAL wellness ROI measurement.

What you'll learn

Estimate total spending and benefits from wellness and related activities.

Recognize how to critically analyze savings reports presented by vendors and benefits consultants.

Requirements

Prerequisite: Exposure to wellness programs

Advanced Preparation: None

Description

This course introduces financial professionals to “real” wellness ROI measurement, which usually yields the opposite result from what your Human Resources department is telling you (and what they in turn are being told/sold by their consultants and vendors). As the department that is ultimately responsible for healthcare spending, you can’t allow yourselves to be “shown savings” that don’t exist.We demonstrate exactly how to question those "savings" and determine if, indeed, there is any value in this expenditure, which – including incentives, program expense, screening, consulting fees, management time, and extra doctor visits and testing – can easily exceed $600/employee/year. We also discuss whether medicalizing the workplace may even be harmful to employees and highlight how to closely supervise the entire organization on this topic with the tools, knowledge and links this course provides.

Overview

Section 1: Introduction

Lecture 1 Introduction to Measuring the ROI

Lecture 2 Warm Up Numbers and Statistics

Lecture 3 Wellness Spending and Saving Calculation

Lecture 4 Ethics of Wellness

Lecture 5 5 Ways Vendors May Take Advantage of YOU

Lecture 6 Course Summary and Conclusion

Section 2: Supporting Materials

Lecture 7 Slides: Measuring the ROI from Wellness Programs

Lecture 8 Measuring the ROI from Wellness programs Glossary/Index

Section 3: Review and Test

Anyone interested in Accounting, Finance, or Bookkeeping.