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Wellness Program Saves Employer Over $600,000

By Sheryl Smolkin

A multi-year journey to wellness fuelled by cleverly designed incentives for employee participation has resulted in over $615,000 in cost avoidance plus a major boost in employee engagement for property and casualty company The Economical Insurance Group (TEIG).

TEIG has about 25,000 employees in 18 offices across Canada. The average employee age is about 42 and the workforce is 65% female.

When the wellness program was first introduced in 2008, key objectives were to:

Build employee awareness of individual health
Enhance employee engagement
Reward employees for a broader range of wellness behaviours
Enhance organizational health.

A longer term goal was to see cost avoidance results in group benefits experience and absenteeism over three to five years.

Year 1: 2008

To get baseline data and build employee awareness, biometric screening clinics were held in all 18 TEIG locations. In the first year, 48% of employees participated in the voluntary clinics ...

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