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Since last week’s Whiteboard Wednesday session on the math behind reducing blood testing was so popular, this week’s session also provides a little fun with math! Specifically, the session discusses how employers may underestimate the total cost of self-service wellness challenges by not fully considering the cost of administration and employee participation time. When the total costs of self-service programs are included in the decision-making process, employers may reconsider running wellness challenges internally and think about reallocating the freed capacity to higher value areas.

Whiteboard Wednesdays are short-form video posts from Wellable on important topics to know for employee health and wellness professionals. Please post comments on the video or suggestions for future Whiteboard Wednesday sessions below!

Other Articles In Whiteboard Wednesday

Whiteboard Wednesday: Surprise Medical Bills

Whiteboard Wednesday: Surprise Medical Bills

We had the honor of bringing the esteemed guest speaker, Al Lewis, back into the office for another Whiteboard Wednesday session to talk about surprise medical bills and share a workaround that can help employees avoid them altogether!
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Whiteboard Wednesday: Why Employers Should Support Expecting Parents

Whiteboard Wednesday: Why Employers Should Support Expecting Parents

Christine Deehring, Founder and CEO of Bump Boxes, joins this episode of Whiteboard Wednesday to offer her perspective on why supporting expecting parents is both a sound business practice and an ethical step that organizations can take to promote the well-being of their employees.
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Whiteboard Wednesday: New EEOC Wellness Rules

Whiteboard Wednesday: New EEOC Wellness Rules

In Wellable’s first-ever guest appearance on Whiteboard Wednesdays, Al Lewis provides his perspective on how employee wellness programs will never be the same. Al discusses the impact on wellness programs that offer incentives for “clinical” programs, such as biometric screenings and HRAs.
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Whiteboard Wednesday: Should Employers Offer Genetic Testing?

Whiteboard Wednesday: Should Employers Offer Genetic Testing?

As with most wellness offerings, the rationale behind launching an initiative is driven by either a return-on-investment (ROI) or value-on-investment (VOI) perspective. Watch and learn why genetic testing for an employee wellness program may not be the type of innovation a company wants to support.
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Whiteboard Wednesday: Findings From The Illinois Workplace Wellness Study

Whiteboard Wednesday: Findings From The Illinois Workplace Wellness Study

The Illinois Workplace Wellness study found that financial incentives have a diminishing marginal return and incentives for downstream wellness activities were more cost-effective than up-front incentives tied to completing the initial health screening. Watch this 3-minute​ video to learn more!
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Whiteboard Wednesday: 5 Real And Unique Wellness Rewards

Whiteboard Wednesday: 5 Real And Unique Wellness Rewards

This week's Whiteboard Wednesday session reviews five leading companies and their actual wellness rewards and benefits they offer employees, highlight best practices such as reinvestment into personal health, strengthening benefit plans for recruitment and retention, and affordability.
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Whiteboard Wednesday: Math Behind Reducing Blood Testing

Whiteboard Wednesday: Math Behind Reducing Blood Testing

This week's Whiteboard Wednesday (WW) session is on the math behind reducing blood testing and why employers should not conduct broad-based blood testing via biometric screenings. WW videos are meant to be short so this one focuses on the impact of over-testing from a mathematical perspective.
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Whiteboard Wednesday: Employee Wellness Rewards

Whiteboard Wednesday: Employee Wellness Rewards

Employers invest significant financial resources in the form of rewards or prizes for participating in an employee wellness programs. It only makes sense for organizations to create reward structures that provide the greatest “bang for the buck.” Here are 3 pro tips to make the most of your budget!
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Whiteboard Wednesday: ROI vs. VOI

Whiteboard Wednesday: ROI vs. VOI

Whiteboard Wednesdays are short-form video posts from Wellable on important topics to know for employee health and wellness professionals. Check out this video on how to measure wellness program success and the differences between return on investment (ROI) and value on investment (VOI).
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