Reliance Standard Life Insurance Company (Reliance Standard), a leading insurance carrier specializing in flexible employee benefits, today announced business collaboration with AllOne HealthSM, a leader in workforce health and productivity, to enhance and improve the value of those services to businesses’ most important assets – their employees. Together, Reliance Standard and AllOne Health will provide a cutting edge model for health and productivity management (HPM) services called RelianceONE™.
RelianceONE integrates AllOne Health’s expertise in wellness, disease management and employee assistance programs with Reliance Standard’s disability and absence management services. This holistic approach to HPM improves both employee health and a business’s bottom line. HPM is an investment in workforce productivity and corporate performance that views employees as valuable assets, not just a cost of doing business.
Although many large companies may already have elements of HPM strategy in place, RelianceONE can improve results by tailoring integrated tools and services to each individual and employer. Because RelianceONE is not limited to specific physicians or health plans, all employees – regardless of where they live, what health plan they use, or whether they are sick or well – can get and stay healthy. Under other such programs sponsored by health insurers, employees can be excluded if they do not participate in that carrier’s health plan.
“Investing in a program like RelianceONE is a business imperative because absences and health management issues affect business performance and drive up benefit costs,” said Lawrence Daurelle, president and CEO of Philadelphia-based Reliance Standard. “Regardless of whether you are at work or home, sick or well, RelianceONE is designed to help employees become and stay healthy, which has important business implications.”
According to AllOne Health, improved health may correlate with increased employee productivity.
“Encouraging employees to get preventive care and better manage their health increases the chances that they will make lasting, positive lifestyle changes,” said William C. Reed, president of AllOne Health, based in Wilkes-Barre, Pa. “Employers benefit through reduced absences, increased productivity, slower growth in health care expenditures and a more engaged workforce.”
Employers will also receive comprehensive and streamlined information because all employees can participate. As a result of consolidated reporting, RelianceONE provides better and more complete information, including where employees fall in the health continuum, behaviors that could be influenced, and possible interventions. In the long term, such actionable data helps employers reduce the cost of employee benefits.
RelianceONE benefits to employees include:
- Less confusion through seamless delivery of benefits
- Fewer, more effective touch points
- Increased “teachable moments” and health education opportunities
- Earlier medical interventions, when meaningful change is possible
- Better continuity of care
- Improved health and well-being
RelianceONE benefits to employers include:
- Inclusive of all employees
- Lower incidence and duration of employee disability
- Mitigate and stabilize direct health care costs
- Decreased employee absences
- Increased employee productivity and engagement
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