Pinnacol Assurance and Wellsource Health Solutions are Linking Wellness to Workers' Compensation Costs
Wellsource Health Solutions and Pinnacol Assurance are partnering on a groundbreaking project that will study the effects of applied work site wellness programs on workers' compensation costs.
Sheboygan, WI (PRWEB) December 20, 2010
Wellsource Health Solutions, LLC, a Division of Trotter Wellness, located in Sheboygan, WI and Pinnacol Assurance, Colorado's leading workers' compensation insurance provider, are partnering on a groundbreaking project that will study the effects of applied work site wellness programs on workers' compensation costs.
This five-year study aims to quantify the impact of work site health risk management programs on workers' compensation costs, employee productivity, and the health risk profiles for individuals and organizations. Pinnacol insures 55,000 Colorado businesses representing every segment of the state's workforce. The company has joined forces with 28 of their insurance agent partners to deliver the wellness programs to their policyholders. The goal is to enroll 30,000 individual participants.
"We've been committed to Colorado's employees for more than 90 years and this study will introduce yet another way we can protect and improve the health and productivity of the state's workforce," states Jeff Tetrick, Pinnacol's CFO. "We hope this partnership will validate what we believe to be true, that there is a direct relationship between the mitigation of behavioral-based health risks and the utilization of workers' compensation services."
"We are very excited to be working with such a progressive partner in this ground breaking project," states Patrick Trotter, President of Trotter Wellness. "The length and breadth of this study will provide valuable information into the health related risk variables and how they affect safety, productivity, health related costs and the general health and welfare of employees."
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