Sebs 2015 session_1_workshop_a_1_malva_mike_why biking matters
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Why Biking Matters to Business The value of bikes to your bottom line 1 PRESENTED BY: Michael Cochran, Director of Wellness Regence BlueShield Regence BlueShield serves select counties in the state of Washington and is an Independent Licensee of the Blue Cross and Blue Shield Association
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Transcript of Sebs 2015 session_1_workshop_a_1_malva_mike_why biking matters
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Why Biking Matters to BusinessThe value of bikes to your bottom line
PRESENTED BY: Michael Cochran, Director of WellnessRegence BlueShield
Regence BlueShield serves select counties in the state of Washingtonand is an Independent Licensee of the Blue Cross and Blue Shield Association
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Why Is This Important?
Health is a business issue which affects financial performance
• Companies with “highly effective” worksite programs are 40% more likely to report financial performance above their peers1
Health care costs still outpacing inflation
• In 2014, underlying cost trend still high at 8%; employers plan to hold the average increase in per-employee cost to about 5%2
Employers understand the value of health and well-being programs to their overall organizational health strategy
• Seventy percent of companies are developing a workplace culture where employees are responsible for their health1
1 2013/14 Staying@Work Report; TowersWatson/National Business Group on Health
2 Mercer’s National Survey of Employer-Sponsored Health Plans, 2014
Supporting biking is a great tool to improve employee wellbeing and support a culture of health
© 2015 Regence BlueShield, all rights reserved. Private and confidential.
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Developing a “Culture of Health” with Biking
Culture of Health
Strategy
Leadership
Engagement Communications
Role Models
Evaluation
© 2015 Regence BlueShield, all rights reserved. Private and confidential.
