Address risk before it becomes a claim – Fact: Roughly 34% of the population has at least one chronic medical condition. Five percent of an organization’s employee population spends 50% to 60% of the organization’s healthcare budget. And the full cost of employee absences is equal to 36% of total payroll, and is 4X the cost of treating their chronic conditions.
Across industries, implementing health management programs is a smart practice gaining momentum. PSA is at the forefront of this area of employee benefits management – helping our clients identify and address employee health risks before they become claims.
Recognizing the importance of a healthy workforce, we will work with you to develop wellness solutions that positively impact your benefit costs. Our approach provides a strategy that addresses three major categories of health risk management: worksite health promotion, disease management and care management.
Keeping your employees fit not only helps control your healthcare costs, but also strengthens your company by boosting morale, retaining talented employees and increasing productivity.
PSA is a consultant and broker, who works independently of service providers, carriers and wellness vendors. Therefore, we’re free to introduce you to the best options available to create your company’s ideal, customized program.
We help you navigate the tasks associated with launching and maintaining an effective wellness program. Plus, we remain your partner, working with you to ensure regulatory compliance, managing insurance carriers and wellness vendors, integrating the program into your benefits package and reviewing and evaluating your program routinely.