Wellter's Health Audit enables self-insured employers to reduce healthcare related expenses and improve employee health. Potential savings are identified through benchmarking of medical and Rx claims against risk-adjusted populations. Our analyses include actionable insights and recommendations.
We help employers understand the effectiveness of specific wellness initiatives, such as smoking cessation and weight loss, and the return on investment (ROI) of the overall wellness program.
Our methodology involves measuring the impact of wellness program participation on changes in healthcare related expenses, including medical, Rx, EAP, workers’ compensation, and disability. In addition to determining the bottom line impact, Wellter's analyses help measure indirect benefits of wellness programs such as increased productivity and presenteeism.
Analysis of workers' compensation and disability claims enables Wellter to identify the cost drivers for high claims. These drivers can include health status, company culture, and safety history. Predictive modeling provides early warning indicators for potentially high cost claims. These identifiers are then used to trigger interventions that can prevent claims from escalating.