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Employers Add Financial Components to Wellness Programs
Workforce Management; free registration required June 23, 2009
Excerpt: Wellness programs and financial education aren't new to the workplace. But just over the past couple of years, a growing number of companies have been marrying these two concepts, experts say. 'There has been a push to focus on personal health and wealth as a way of managing your personal overall well-being,' says Steve Cyboran, vice president and consulting actuary at Sibson Consulting, a division of the Segal Co. 'Certainly I think this is exacerbated by the current economic situation.' Bringing the concept of financial health into a wellness campaign can help employers reduce health care costs -- which is often one of the primary goals of these initiatives, consultants say.
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