According to the newly released 2012 Compensation Data Insurance survey results, insurance organizations are providing considerably more options to their employees in regard to health and wellness programs. With prevention becoming the buzzword, insurance organizations have taken steps to increase their employees’ health and wellness through various programs.
Two programs showing the most change are biometric screening and access to a physical fitness facility. In 2011, 43.2 percent of organizations offered biometric screening compared to 48.9 percent in 2012, while 42.7 percent of organizations offered access to a physical fitness facility in 2011 compared to nearly 53 percent this year.
“Employers are recognizing the importance of healthy living for today’s workers,” said Amy Kaminski, director of marketing for Compdata Surveys, the nation’s leading pay and benefit survey data provider. “Organizations are increasingly offering programs to support employees’ total wellness.”
Many insurance organizations also offer rewards and incentives for participating and succeeding in their health and wellness programs. The number of organizations reporting giving away debit cards, gas/phone cards, prescription discount cards and travel packages has increased. However, the number of organizations reporting using HAS/HRA contributions as a reward has increased significantly from 32.7 percent in 2011 to nearly 41 percent in 2012. More than 33 percent of participating insurance organizations reported utilizing insurance discounts as a reward in 2012.
The three biggest forms of alternative treatments offered remained the same as last year with chiropractic, nutritional counseling and acupuncture respectively taking the top three spots. Slightly fewer participants offered chiropractic treatments at 90.8 percent this year, down from 92 percent in 2011, while acupuncture remained the same at 28.7 this year. More than 39 percent of insurance organizations are now offering nutritional counseling, a decrease from 43.3 percent in 2011.
About the Survey
Compensation Data 2012 Insurance contains data on 115 industry specific job titles and 400 benchmark job titles ranging from entry-level to top executives. Data was collected from nearly 1,900 insurance providers reporting on 232,000 incumbents. Companies in other industries provided data on 400 benchmark titles for more than 32,000 locations across the country. The results provide a comprehensive summary of pay data, benefit information and pay practices with an effective date of January 1, 2012.
Compdata Surveys is the nation’s leading compensation and benefits survey data provider. Thousands of U.S. organizations provide data each year ensuring the reliability of our results. Compdata Surveys has been providing comprehensive data at affordable prices to organizations from coast to coast since 1988. For further information about the compensation and benefits surveys, contact Michelle Willis at (800) 300-9570.