This Week's Herman Trend Alert Women---Expanding their Sphere of Influence

The Herman Trend Alert August 23, 2006 Onsite Clinics Reduce Healthcare Costs As employers look for ways to further reduce healthcare costs, one strategy that is growing in acceptance is the establishment of onsite medical clinics According to a study by the consulting firm Watson Wyatt, 33 percent of the 275 organizations that collectively employ more than 4.9 million workers have set up onsite medical clinics or plan to sometime this year. Implementing this concept afford benefits to both employers and their workers. First, onsite clinics deliver greater access to care at lower costs. Because the clinics are on site, they are accessible to the employees---they don't have to leave to go to the doctor; they are less likely to put off the doctor's visit that may detect a serious problem which may now be caught early. Second, onsite clinics address employees' overall health issues. Workers don't have to go to different doctors to receive basic medical care. In addition, onsite clinics provide the organization an opportunity to counsel high-risk employees on their vulnerability for disease and help them address their issues appropriately to minimize their discomfort and cost. Onsite clinics can provide risk management on workplace safety by reinforcing the messages delivered in safety training. Moreover, in the event of worksite accidents, having an onsite clinic means that the company can provide on-the-job treatment of injuries and assessment of illnesses. Lowe's, a Mooresville, NC-based home improvement retailer, covers 195,000 workers and their families with an annual expenditure of about $600 million per year on health insurance. By combining several strategies, Lowe's saved $16 million on health benefits. Some of the strategies they implemented included having no co-pay for generic medicines, installing four onsite health clinics, and giving workers an incentive to complete a health risk assessment. The company has significantly improved its bottom line without reducing benefit levels for workers. As a result of these initiatives, Lowe's has had premium increases of only 5 or 6 percent for the last three years, which was lower than the 8 to 9 percent national average for employers. Expect to see more onsite clinics popping up at employers' sites throughout North America. © Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Roger Herman and Joyce Gioia, Strategic Business Futurists. (800) 227-3566 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc." EMPLOYERS AND JOBSEEKERS: MARK YOUR CALENDARS Advertise at or attend VetJobs Virtual Career Fairs. VetJobs, the top veterans' job board, and PSI, the premier diversity job fair producer, are teaming up to launch these VeteransCONNECT events. Employer registration is now open with loading by February 15th. Candidate loading begins March 1st. Expect 25-30 employers and an attendee goal of 2,000 skilled jobseekers. Promoted extensively, early registration begins NOW. To register or request additional information, contact VetJobs at 877-838-5627 or email info@vetjobs.com; Employers: Mention the Herman Trend Alert to receive a Bonus. LOOKING FOR A UNIQUE VALENTINE’S GIFT? Give the gift of leadership advice in our weekly Lessons in Leadership to help your supervisors and managers remind your leaders about what’s really important The 52-week subscription is only $47, a bargain when you think about the savings to your organization in reduced turnover. Quantity discounts available by emailing Joyce at joyce@hermangroup.com. http://www.hermangroup.com/store/subscription_all.html#3 Order today! PREVENT EMPLOYEE TURNOVER IN 2012 Yes, you can prevent costly employee turnover, when you train your supervisors, managers, and executives. They will learn dozens of low and no-cost strategies and tactics that they can implement right away. We have an impressive track record and stand ready to help you. Call Carl at 336-210-3547 for a no-obligation conference call. Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers. New subscribers are welcome. There is no charge for this public service. The Herman Trend Alert is received by over 30,000 subscribers in 78 countries, in addition to other websites and printed magazines. Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Trend Alert service. Click here to sign up for the Herman Trend Alert. Subscribe or Unsubscribe to weekly Herman Trend Alert View this week's Herman Trend Alert Archived Weekly Herman Trend Alerts

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