"Bravo" to Success at Oakwood Homes, LLC
(firmenpresse) - CLEVELAND, OH -- (Marketwire) -- 10/13/11 -- Bravo Wellness would like to congratulate its client, Oakwood Homes, LLC, on its recent successes and milestones from the past month. As the largest privately held new home builder in Colorado, Oakwood Homes not only is celebrating its 20th anniversary and 10,000th home sale, they have also been recently recognized by the Denver Business Journal with the first Metro Denver Healthiest Employer Award for small companies. This award recognizes metro-area employers who are truly focused on their workers' wellness.
According to recent studies, total healthcare costs continue to climb, reaching an anticipated $11,176 per active employee in 2011. This is a 7.6% increase from 2010. In Colorado alone, companies' insurance costs have increased 14.4 percent in 2011, the 10th consecutive year with a double-digit increase. This grim picture of employer healthcare costs demands action, and that is just what Oakwood Homes has done.
For the past three years, Oakwood Homes has been able to keep healthcare costs flat by implementing several wellness initiatives. In 2008, they started an active lifestyles program in which employees could earn "Oakwood Bucks" for recording exercise hours each month. Now, by implementing Bravo Wellness' results-based program, employees are incentivized for living healthy by linking their healthcare contribution to results, which allows them to mitigate their own costs.
Oakwood Homes' commitment to health also includes a full gym at their facility, vending machines with healthier options, fresh fruit in the break room every day and a Weight Watchers at Work program. Employees are enjoying the wellness initiatives as well as the cost savings for living healthy, and Oakwood Homes is enjoying the benefits of happier and healthier employees.
In partnership with Bravo Wellness, Oakwood Homes is proactively addressing rising healthcare costs by putting in place innovative programs that renew the employee's motivation to remain active and healthy. At the recent CDHC Solutions Forum West, held in Denver, Bravo Wellness was able to discuss with many other area employers the value and success of its results-based incentive programs, like the one implemented by Oakwood Homes.
Bravo Wellness offers services to employers and business partners desiring results-based incentive programs for wellness. Clients experience immediate cost savings by linking employee incentives to participation and results. Bravo recognized the potential legal challenges of complying with recent changes in health insurance law, including HIPAA non-discrimination regulations, and has unique expertise in the practical application of wellness regulations for group health plans. Bravo offers its IncentiSoft Solutions platform to employers, including insurance companies, third-party administrators and wellness companies that have already invested in on-site clinics, preferred health coaching relationships or other wellness solutions. Employers can immediately increase their penetration into the employee populations they serve by accessing the compliance and technology platform from Bravo. Bravo Wellness and IncentiSoft Solutions are headquartered in Avon, OH. For more information, visit or .
Contact:
Bravo Wellness Corporate Marketing
(440) 934-2090
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Datum: 13.10.2011 - 17:00 Uhr
Sprache: Deutsch
News-ID 75993
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CLEVELAND, OH
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Insurance
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""Bravo" to Success at Oakwood Homes, LLC"
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