norton healthcare
Transcription
norton healthcare
NORTON HEALTHCARE Lockton Services E ARN I N G A S EAT AT T H E TA BL E Health and Welfare When Norton Healthcare, an integrated health system in Louisville, Retirement Benefits Kentucky, decided to revamp its employee benefits program more than Executive Benefits seven years ago, company leaders wanted a partner to provide advice and Wellness Program support—and that’s what they found with Lockton. Voluntary Benefits “I’ve heard other brokers call themselves consultants but Lockton’s Property and Casualty professionals really are,” says John Hammond, system director of human resources at Norton. “In reality, this is a differentiator.” A Strategic Focus With more than 12,000 employees in the health system, Norton’s number one expense is benefits. Norton wanted to gain control of costs and create a more cohesive benefits program that would run smoothly while helping them attract and retain top talent. The Lockton team began with intensive data analysis to identify cost drivers, and then developed strategies that would create both efficiency and savings for the organization. L O C K T O N C O M P A N I E S The Results of Partnership Streamlined benefits plan offerings leading to annual savings of approximately $7 million. Compliance with constantly evolving federal regulations. Development of a Norton-specific wellness program. Access to detailed data that drives all decisions. This keen eye for business strategy earned the Lockton team a seat at the table for Norton Healthcare’s annual strategic planning process. Working closely with Norton leadership, Lockton helped the organization develop a multiyear strategic plan, identifying new opportunities for savings while maintaining an attractive benefits program. “Lockton provides us the guidance we need to ensure we’re following our plan and holding employees accountable for living a healthier life,” says Tony Bohn, system vice president and chief human resources officer. “This partnership keeps us balanced.” Wellness That Works Once Lockton helped Norton transform its health and welfare program, leadership turned its focus to a health risk management strategy. With assistance from Lockton, the organization created NGood Health, a program that incents employees to live healthier lives. According to Bohn, “Using InfoLock® Employee Benefits data from Lockton, we identified the top five cost indicators in our health plan and have begun developing wellness initiatives around those.” Creating an Accountable Care Organization Employees were not the only individuals held accountable. Norton also began holding its own physicians accountable for adhering to evidence-based best practices. As part of an accountable care organization (ACO) pilot program with the Brookings Institute, developed in partnership with Humana, Norton began analyzing InfoLock® Employee Benefits data to understand individual physician practice patterns by disease state. “Our goal with the ACO pilot was to prove that managing disease states would help us lower costs,” says Bohn. “With the detailed data we receive from Lockton, we’re seeing early evidence of progress.” Improved Employee Satisfaction A unique strategy has helped Norton further enhance its employee NORTON H R L E AD ERS benefits offering. On behalf of Norton, Lockton hired a team of WA L K T H E WA L K Benefits Education Specialists (BESs). These human resources When Norton made the commitment to professionals focus on helping all employees understand and fully implement a Lockton Health Risk Solutions® leverage their benefits through one-on-one meetings. Relevant program, its senior human resources voluntary benefits are offered to help address other potential risks. leaders took the commitment personally by This team also began handling day-to-day employee questions and addressing their own health challenges. managing the annual open enrollment process. According to Tony Bohn, “I was the guy who had more chins than hairs on the top of my Survey feedback revealed high employee satisfaction and improved head. I wore a size 42" waist pants and was understanding of Norton’s benefits package. Best of all, this team very unhealthy. And I was standing in front has been run without additional cost or staffing, fully funded by of our employees, telling them ‘You need to adoption of voluntary benefits. Thanks to the support of the BES team, the Norton human resources group is now is able to focus primarily on strategic initiatives. “I don’t need to hire more staff because I’m already getting what I need from the Lockton team,” says Hammond. live healthier lives or we’re not going to be able to afford our health plan.’” Today he’s 60 pounds lighter and a model of the healthy lifestyle that is actively promoted within the organization. Similarly, John Hammond came to the An Evolving Partnership realization he needed to make significant According to Hammond, “I think the most important thing for plan and it didn’t make a whole lot of changes. “We were rolling out our wellness me, as a benefits practitioner, is that Lockton partners with us. sense for someone who was responsible for That consultative approach is so very different. I haven’t found it wellness to be in the shape I was in.” He often in my career.” began focusing on his health, losing more “It’s a significant partnership,” says Bohn. “Lockton has helped commitment to exercise and good nutrition. than 100 pounds that he’s kept off due to his us approach our benefits program from a strategic standpoint, understanding our need to add value for our employees while being good stewards of our organization’s resources.” www.lockton.com © 2013 Lockton, Inc. All rights reserved. Images © 2013 Thinkstock. 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