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NEWS
US wellness schemes hurt by Affordable Care Act
POSTED 11 Sep 2014 . BY Helen Andrews
More than two-thirds of employers with at least 50 employees and a workplace wellness programme use financial incentives to encourage programme use Credit: Shutterstock / Pressmaster
Large companies in the US are worried that federal requirements in the Affordable Care Act will limit the effectiveness of their employee wellness programmes.

Ratified in 2013, the Affordable Care Act allows employers to offer programmes that reward or penalise employees who don’t meet specific health goals, such as lowering blood sugar, weight or cholesterol.

An association of chief executive officers of US companies with a combined US$7tn (€5.7tn, £5tn) in annual revenue – known as the Business Roundtable – say the schemes are open to abuse and inequalities as even workers who don’t meet a specific health outcome can qualify for the incentives.

This group of companies are issuing a report calling for more flexibility for employer wellness programmes.

According to the federal requirement, staff may qualify for incentives if they participate in alternative options such as reading a book, taking an online course or having a discussion with a nurse.

Companies who offer financial incentives for meeting wellbeing goals – including these alternative options which don’t require staff to improve their health results – say these rules will not curb mounting healthcare costs.

More than two-thirds of employers with at least 50 employees and a workplace wellness programme use financial incentives to encourage programme use, according to a 2013 report by Rand Corp. Ten per cent use incentives tied to health-related standards, such as rewards for reading a book.
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Nine out of every 10 employees who tried a new fitness or wellness activity felt inspired to continue it on a consistent basis and try other healthy activities as a result, according to a survey conducted in June by Corporate Wellness 365.
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NEWS
US wellness schemes hurt by Affordable Care Act
POSTED 11 Sep 2014 . BY Helen Andrews
More than two-thirds of employers with at least 50 employees and a workplace wellness programme use financial incentives to encourage programme use Credit: Shutterstock / Pressmaster
Large companies in the US are worried that federal requirements in the Affordable Care Act will limit the effectiveness of their employee wellness programmes.

Ratified in 2013, the Affordable Care Act allows employers to offer programmes that reward or penalise employees who don’t meet specific health goals, such as lowering blood sugar, weight or cholesterol.

An association of chief executive officers of US companies with a combined US$7tn (€5.7tn, £5tn) in annual revenue – known as the Business Roundtable – say the schemes are open to abuse and inequalities as even workers who don’t meet a specific health outcome can qualify for the incentives.

This group of companies are issuing a report calling for more flexibility for employer wellness programmes.

According to the federal requirement, staff may qualify for incentives if they participate in alternative options such as reading a book, taking an online course or having a discussion with a nurse.

Companies who offer financial incentives for meeting wellbeing goals – including these alternative options which don’t require staff to improve their health results – say these rules will not curb mounting healthcare costs.

More than two-thirds of employers with at least 50 employees and a workplace wellness programme use financial incentives to encourage programme use, according to a 2013 report by Rand Corp. Ten per cent use incentives tied to health-related standards, such as rewards for reading a book.
RELATED STORIES
Dutch entrepreneur plans executive coaching and wellness retreat in Bali


Inge van Zon, recently voted one of the Netherlands' top 100 female entrepreneurs by the Dutch Financial Times, will launch a new executive coaching and wellness programme aimed at corporate executives called Success by Balance: a Corporate Wellness Retreat.
Employers should provide a wide range of wellness activities – not just gym memberships


Nine out of every 10 employees who tried a new fitness or wellness activity felt inspired to continue it on a consistent basis and try other healthy activities as a result, according to a survey conducted in June by Corporate Wellness 365.
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Les Mills calls on the industry to support UNICEF
Global group exercise specialist, Les Mills, is inviting operators to sign up to its Workout for the World event on 20 June, in support of UNICEF.
HUM2N opens longevity clinic at Six Senses London
Global luxury hospitality brand, Six Senses, has partnered with longevity healthcare provider, HUM2N, to launch a clinic at Six Senses London, at The Whiteley.
KX Chelsea invests £15 million to upgrade its wellness offering
Premium London health club, KX Chelsea, will imminently unveil its most significant redevelopment since its launch in 2002 to create an integrated wellness model combining training, recovery and relaxation.
Researchers identify a drug which reduces muscle loss when using GLP-1 medications
Researchers in the US have identified an antibody which could greatly reduce the loss of lean muscle mass in people who are taking weight-loss medications.
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