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Future of Health & Wellness

September 9, 2013. Future of Health & Wellness. NWTC is a cutting edge life-long learning college that transforms, strengthens, and inspires. NWTC’s Vision:. NWTC is a National L eader! Out of 5,000 colleges that award associate degrees, NWTC ranks in the TOP 1% of U.S. colleges.

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Future of Health & Wellness

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  1. September 9, 2013 Future of Health & Wellness

  2. NWTC is a cutting edge life-long learning college that transforms, strengthens, and inspires. NWTC’s Vision: NWTC is a National Leader! Out of 5,000 colleges that award associate degrees, NWTC ranks in the TOP 1% of U.S. colleges. (Source: U.S. Department of Education data published in Community College Week on June 11, 2012) In order to maintain our Leadership Status it is imperative that NWTC attracts and retains quality talent. To attract and retain top talent NWTC is committed to offering an exceptionally strong Benefits Package to its employees. • Attractive Medical Insurance Program • Offers Options (HRA & HSA Plans) • The College pays 80%, Employees Pay 20% of Health Insurance Cost • (Participating in the Health Risk Assessment allows an additional 5% reduction in employee cost) • On-Site Health Care (Partnership with Bellin Health) • Easy Access • Saves Time • Reduce Cost

  3. NWTC’s Cost of Health Care • Medical and Pharmacy • NWTC’s annual cost is roughly $10.3 Million • 91% of this cost is the result of claims - $8.4 Million • 30%-50% of NWTC’s claims are lifestyle-based and therefore modifiable - $2.5 Million-$4.5 Million • Dental • NWTC’s annual cost is roughly $800,000

  4. The Rising Cost of Health Care An Industry Wide Problem • Since 2001, the cost of health care has risen a staggering 213% • 2013 is the 13th consecutive year of double-digit medical/Rx trend increases

  5. Impact of Health Care Reform • Additional Costs and Fees • In 2014, NWTC will pay an additional $121,600 in annual Health Care Expense due to Health Care Reform. • NWTC will need to implement a strategy to avoid any Cadillac Taxes in 2018. • Strategies to mitigate Health Care Reform impact will be a key part of future benefit decisions.

  6. What NWTC Will Continue To Do • Remain an “Employer of Choice” and strive to offer a meaningful, well rounded total compensation package • Provide affordable health care that best fits your needs and promotes consumerism and accountability • Support work-life balance through a choice of programs such as; paid time off, employee wellness and employee assistance program • NWTC is committed to fostering a mentally and physically healthy work environment • The total compensation package will be administered in a fiscally responsible manner • Structure the benefits program in a manner that encourages healthy behaviors and employee wellness

  7. Wellness – Why It Matters • Chronic diseases (heart disease, cancer, stroke, etc.) cause approx. 70% of deaths in U.S; responsible for three fourths of health care spending. • 40% of all deaths in the U.S are premature and preventable - 900,000 deaths annually are related to tobacco use, poor diet, sedentary lifestyle, misuse of alcohol and drugs, and accidents. • 66% of the increase in health care spending can be attributed to increasingly unhealthy lifestyle behaviors; most prominent among these is obesity. Source: WELCOA Making the case for worksite wellness programs

  8. Why Wellness Matters 11 4 arediabetic employeesgenerate 8 areasthmatic 33 havehighbloodpressure For Every 100 Employees 21 smoke 50% of total health carecosts 33 don’texercise 15 havehighcholesterol 68 areoverweight 44 sufferfromstress 8 Source: Department of Health and Human Services, 2011.

  9. Musculoskeletal Diabetes Depression Asthma Arthritis Cancer Obesity NWTC Seven Risk Targets

  10. What Employees Can Do To Make A Difference • Utilize Nurse Direct (866) 494-4502 enter pin 197 if prompted • Utilize FastCare Clinics (888) 899-9935 • Utilize Employee Assistance Program (800-222-8590) • Explore Generic Prescription Drug Alternatives • Be Better Consumers of your Health Plan • Take Advantage of the On-Site Clinic

  11. NWTC’s On-Site Health Care Clinic

  12. Consumerism • Health care costs are always changing – and usually going up. As health care consumers, we need to be aware of our options and make good decisions to avoid paying too much. • There are often many medications to treat a given condition.  Some are very expensive, but others are more affordable.  Consider a lower cost option, along with your doctor’s advice • Know your procedure - Become educated on your procedure and learn about alternative treatment options that may be available and more cost-effective • Know what questions to ask the doctor, what to expect and how to prepare. REMEMBER: It is OK to ask about the cost of care.

  13. Together Lets Make A Difference!

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