There was a story in my local paper recently about how a nearby town’s (Wake Forest, NC) wellness program has helped decrease the town’s insurance rates by 4.3%. Since the wellness program started in 2007, the town has gotten $75,000 in insurance credits, high-dollar claims have decreased and annual health care costs have leveled off. The town’s average rate increase over the past three years was less than 1%. “Healthy employees cost the town less than unhealthy ones”.
It’s becoming obvious that keeping people healthy is a cost saver. I expect more and more organizations will be joining this trend, encouraged by insurance companies. Medical device designers would do well to focus their efforts on products that aid in wellness and preventative health care.