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Labor/Employment

Nov. 5, 2014

Employee wellness programs a plus, but have hurdles

While wellness programs represent one tool designed to increase employee health and reduce health insurance costs, there are some pitfalls to watch out for. By Karen Reinhold


By Karen Reinhold


Rising health insurance costs have bedeviled employers for years. Wellness programs represent one tool designed to increase employee health and reduce health insurance costs. The Affordable Care Act's (ACA) so-called "Cadillac tax," currently set to take effect in 2018, provides an additional financial incentive for employers to consider wellness programs as a tool for reducing health care costs. The Cadillac tax is a 40 percent ex...

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