Mobile Technology is Redefining Wellness Programs

Mobile TECHNOLOGY is Redefining Wellness Programs A preventive healthcare model depends upon employees and patients taking a proactive interest in managing their health. The more connected health solutions make use of mobile technology (e.g., smart phones, tablets, wearable devices) patients and employees have already adopted, the more successful this transition will be. Employers Focused on Addressing Healthcare Costs Premiums for employer-sponsored health insurance rose Chronic disease could be reduced by as much as $13,375 80% $5,791 If individuals adhered to healthy lifestyle practices. 1999 2009 EMPLOYER HEALTH CARE COSTS ARE INCREASING GM Starbucks Healthcare costs add $1,500 to the sticker price of every automobile we make We spend more on healthcare than coffee Employers Upping the Ante in Health and Wellness In 2014 Why? employers will spend Half of all 15% adults have a chronic disease more on wellness-based incentives than they did in 2013 The projected cost of chronic disease in 2023 Increased 2X $4 (in treatment and lost productivity) Trillion Savings of over $1 through reasonable Trillion improvements in preventing and managing 2009 2014 per-employee spending on wellness incentives chronic disease Changing the Focus of Employee Health and Wellness: From Acute Care to Prevention wellness employee Communicate through consumer-friendly interfaces FOcus on Prioritize prevention and early detection Increase intervention Moving to mHealth with Mobile and Wearable Technology in Employee Wellness Programs Consumers are already using widely available technology platforms to manage their health and wellness. 2014 2018 Mobile devices are the perfect system to: deliver individualized health information 90% monitor biometrics and activity of U.S. cell phone subscribers use smartphones of U.S. cell phone subscribers will use smartphones provide support and encouragement The more connected health solutions make use of mobile technology that patients and employees have already adopted, the more successful this transition will be. In 2014 Nearly 20% of employees used wearables to track health improvement and fitness. Expansion across employee population will address those most at risk. 40% of those who did not currently use a health and wellness device would use one if offered in a wellness program. Best Practices in Health and Wellness Programs 42 different corporate wellness studies found that wellness programs lead to: 25% 25% 32% reduction in absenteeism and sick leave reduction in health costs reduction in workers compensation and disability costs Wellness programs require employees to take an active role in monitoring their health, which requires a significant change in behavior. The more engaged and empowered employees become, the more successfully they will: Personalize their health maintenance experience Improve employee satisfaction with their benefits Behavior-changing wellness programs should take advantage of mobile use and wearable popularity because they allow companies to: Utilize analytics to identify risk factors Tailor content Communicate all Use biometrics to and goals to the individual expectations clearly develop the baseline assessment Once employees engage in these programs and commit to monitoring their health through mobile applications, employers will benefit from: Improved productivity from healthier employees Decreased health benefit costs DOWNLOAD OUR WHITE PAPER www.samsung.com/us/wellnessprogramspaper NOTE All monetary values are in US dollars ($USD). SOURCES Frost & Sullivan research. Centers for Disease Control and Prevention, Chronic Disease Prevention and Health Promotion, http://www.cdc.gov/chronicdisease/overview/ Accessed July 2014. Milken Institute, The Economic Burd en of Chronic Disease on the United States, http:/l/www.chronicdiseaseimpact.com/state sheet/USA.pdf Accessed July 2014 Health Care Survey Finds Spending on Corporate Wellness Incentives to Increase 15 Percent in 2014, http://www.fidelity.com/inside-fidelity/employer-services/he alth-care-survey-finds-spending Accessed July 2014 Oscar Robert, Mobile Technology: A New Tool for Curbing Employer Health care Costs, Corporate Wellness Magazine, July 4, 2014 William T. Riley, et.al., Health beh avior models in the age of mobile interventions: are our theories up to the task?, Translational Behavioral Medicine, March 2011, http://europepmc.org/backend/ptpmcrender.fcgi!accid=PMC3142960&blobtype=pdf Accessed August 2014 SAMSUNG FROST & SULLI VA N