Fitbit in February 2019 launched a new fitness tracker, the Inspire, which is available through health and wellness providers only. From a consumer perspective, the Inspire is a fully subsidized (i.e. free) product intended to be distributed in mass quantities and is promoted “as a way to encourage the well-being of health care recipients”. The tracker monitor activity and sleep, calories burned, and prompts wearers with reminders to get
The global wellness industry grew 12.8% in the last two years, from a $3.7 trillion market in 2015 to $4.2 trillion in 2017, according to an in-depth research report, the 2018 Global Wellness Economy Monitor, released by the nonprofit Global Wellness Institute (GWI). The report was released at the 12th annual Global Wellness Summit in Cesena, Italy, which attracted 630+ industry leaders from 50 nations. This all new data
Global Benefits Vision: Why has MAXIS GBN decided to launch its new wellness solution now? What were the key drivers behind the launch? Dr. Leena Johns MD: Over the past few years we have worked with clients to identify the cost drivers of their health claims data across disparate geographies, through our sophisticated data reporting tools. While some markets offer solutions to mitigate these drivers, often, in reality, there is an absence of data-based recommendations and a lack of cohesive, centralised solutions that can be rolled out globally.
MAXIS Global Benefits Network in June 2018 launched ‘MAXIS Global Wellness’, a centralized wellness proposition based on comprehensive health analytics to help multinational organizations mitigate the soaring costs of healthcare. The solution is delivered via corporate employee benefits plans. It allows multinationals to target country-specific cost drivers identified via analytics to deliver focused wellness solutions to employees. The new product is underpinned by over four years’ global health data
The Financial Wellness Think Tank at Financial Finesse, a U.S. provider of workplace financial wellness programs, in March 2018 released research that studies the relationship between an employee’s financial well-being and how they manage key life events. The report looked at the concept of life planning: the idea that the events which take place in our lives have certain financial implications that can be planned for, and even sequenced
Canadian provider of employee and family assistance programs (EFAP) Morneau Shepell in November 2017 announced that they have acquired Pro Health Group, an EFAP and wellness program provider based in Quebec City, Canada, which focuses on prevention of mental and physical health issues and on supporting employees and their families. The acquisition represents approximately one percent of Morneau Shepell’s revenue and is not expected to have a material impact
Sleep expert Dr. Els van der Helm in October 2017 launched her new website, shleepbetter: www.shleepbetter.com Shleep serves global clients (both businesses and leaders) and helps them improve their performance through better sleep management. Shleep’s mission is to help organizations and people sleep better. To reach this goal, they offer workshops, assessments, coaching, and a unique and scalable sleep coaching app to help you, your workforce and/or coworkers sleep better –
Aon Employee Benefits, the U.K. health and benefits business of Aon plc, in April 2017 published a new report that highlights four ways U.K. employers can support their employees’ well-being in a shifting economic climate: Understand the connections between employee health, wealth and behavior in the specific working population. Secure sufficient budget for employee well-being. The Aon 2016 EMEA health report research showed that well-being budget restrictions are a
Surveys of employers and their employees consistency show wellness at work is a key consideration. The treatment of chronic conditions that impair energy levels, require short or long-term absences, and make serious use of healthcare insurance have become a top priority around the world.
HealthMine, a healthcare technology company based in Dallas, Texas, in August 2016 released the results of a study revealing that the majority (62%) believe that all health care plan participants should join a wellness program to help them lower their health care costs. 32% responded that wellness programs helped them reduce the number of sick days logged, and 33% said their wellness program helped them be more productive at
Released in April 2016, a study entitled Association Between Carbohydrate Nutrition and Successful Aging Over 10 Years of more than 1,600 adults aged 50 years and older revealed that a diet rich in fiber from breads/cereals and fruits could be part of a successful strategy for aging successfully. A group of researchers from Australia’s Westmead Institute for Medical Research led by Associate Professor Bamini Gopinath, PhD, examined the relationship
Just when U.S. employers were getting the hang of program rules under the Affordable Care Act (ACA) and HIPAA, the Equal Employment Opportunity Commission (EEOC) in May 2016 has added new regulations on to workplace wellness programs. These regulations, issued under the Americans with Disabilities Act (ADA) and the Genetic Information Nondiscrimination Act (GINA), are additional to the requirements already necessary for compliance with ACA/HIPAA wellness programs. These rules
The Cigna Foundation, a private foundation founded in 1962 and funded with contributions from Cigna, in April 2016 announced that it is seeking grant, sponsorship, and “thought leadership” opportunities related to workplace health in Middle East, Africa, India, China, and Europe. This Prioritizing Workplace Wellness campaign emphasizes Cigna’s commitment to health equity and improving wellness via the global workplace and builds on Cigna’s vision of the workplace as being