THE VITALITY INDEX™

For American business, the dollars at stake in “getting it right” with wellness initiatives are truly significant. According to the US Bureau of Economic Analysis, the average Fortune 500 Company spends more on healthcare benefits alone than it earns in profit. And this does not include the absence and productivity losses surrounding the wellness issue.

The Wellness Diagnostic is an analytical and predictive tool that can assess the effectiveness of employers’ current wellness initiatives and highlight key areas for program improvement—with a focus on ROI.

Developed with actuarial and clinical underpinning and rooted in claims management experience, the tool provides analysis of the likelihood of success and the approximate savings inherent in an organization’s current wellness initiatives. If these initiatives are determined to be at less than optimum levels, the diagnostic measures the opportunity cost in dollars of implementing a more effective wellness program.

The Wellness Diagnostic is based on a proprietary database linking wellness initiatives to health plan claims. It also considers external sources of data. This electronic tool is simple to complete; key insights are generated based on a short series of questions (approximately 15-30 minutes) that most often can be answered easily. The data points are analyzed and results are presented immediately, showing you where your organization ranks on the Vitality Index and including reports on population analysis, major risk factors in your population and a gap analysis that indicates the likelihood of success or failure for your current wellness initiatives.

With the Wellness Diagnostic, an organization can:

• Quickly measure how comprehensive its current wellness program is—thereby saving years of trial and error efforts
• Determine specific areas where the current wellness program needs improvement (through addition/emphasis or subtraction of dragging elements), allowing for quick remedial action
• Measure the dollars at stake under the healthcare plan and how to best influence cost mitigation through wellness
• Calculate the ROI under the current plans and model ROI sensitivity of program changes

To measure your program’s effectiveness, contact The Vitality Group today.