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Wellness ROI: An Evaluation of HHS Festive Program Webinar NE091114 Thursday, September 11, 2014 1:30 p.m. 3:00 p.m. (CDT) Overview Festive is an integrated health, wellness and work/life program
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How to fill out wellness roi an evaluation

01
Step 1: Gather all necessary information and documentation related to the wellness program, such as program goals, participant data, and financial data.
02
Step 2: Determine which ROI evaluation method to use, such as the Cost-Benefit Analysis, Return on Investment (ROI) Analysis, or the Cost-Effectiveness Analysis.
03
Step 3: Identify the costs associated with implementing and maintaining the wellness program, including direct costs (such as program expenses) and indirect costs (such as staff time and resources).
04
Step 4: Calculate the benefits of the wellness program, which may include improvements in employee health, productivity, absenteeism, and healthcare cost savings.
05
Step 5: Compare the costs and benefits to determine the ROI of the wellness program. This can be calculated using the formula: ROI = (Total Benefits - Total Costs) / Total Costs x 100%.
06
Step 6: Interpret the ROI results and present them in a clear and concise manner, highlighting the financial impact and effectiveness of the wellness program.
07
Step 7: Use the ROI evaluation to make informed decisions about the wellness program, such as identifying areas for improvement or justifying continued investment in the program.
08
Step 8: Repeat the ROI evaluation regularly to track the progress and impact of the wellness program over time.

Who needs wellness roi an evaluation?

01
Employers who have implemented a wellness program and want to assess its financial impact.
02
Human Resources professionals who are responsible for managing and evaluating employee wellness initiatives.
03
Healthcare providers who are interested in measuring the effectiveness of wellness programs on patient outcomes and healthcare costs.
04
Insurance companies or benefit providers who want to understand the return on investment of wellness programs for their clients.
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Wellness ROI evaluation is a process used to determine the return on investment of wellness programs.
Employers who offer wellness programs to their employees are required to file wellness ROI evaluations.
To fill out a wellness ROI evaluation, employers should gather data on program costs and outcomes, then calculate the ROI using a specific formula.
The purpose of wellness ROI evaluation is to assess the effectiveness of wellness programs in improving employee health and reducing healthcare costs.
Information such as program costs, participation rates, health outcomes, and financial savings must be reported on wellness ROI evaluations.
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