Defining return on investment (ROI) is a function of meeting the employer’s wellness objectives. There is no such thing as a poorly defined ROI as long as the outcome measurements match up to the investment expectations.
Whatever your company’s particular wellness objectives may be, CGP Wellness can help to meet those goals. The following data are actual results from the Chestnut Global Partners (CGP) Disease Management Program:
Important Financial Distinctions:
- $800 in medical and pharmacy claims savings for both our diabetes and at risk for diabetes program participants, in the year 2011, as compared to individuals who declined participation.
- 48% ROI based on medical costs as compared to the program costs. (ROI is calculated by Wellcast, our proprietary forecasting and decision support tool. Wellcast incorporates medical and/or economic cost of selected diseases. It adjusts for the unique characteristics of each employer group and has the capability to forecast for up to ten years.)
- When factoring in non-medical costs such as productivity and turnover, ROI can reach up to 400%. (ROI calculated by Wellcast using employer specific data inputs on salary, occupation, location, etc.)
The words of one program participant gives insight to the human side of ROI.
"During the two and a half years prior to my retirement in March, 2013, your coaching and encouragement helped me to maintain a positive mental attitude at work; and helped me to remain productive and healthy at the end of my active career… The aging process is particularly challenging in the hectic and stressful work world; and your assistance in navigating the health challenges involved at this time of my life was invaluable in spite of being less tangible than other coaching contributions." – R.C.