ADP®, a leading global provider of Human Capital Management (HCM) solutions, today announced that Michigan Schools and Government Credit Union (MSGCU), a credit union and financial resource center serving members affiliated with select Michigan educational and government institutions, has selected the ADP Vitality wellness program to help minimize the impact of increasing healthcare costs. The program will enhance MSGCU’s existing wellness initiatives by empowering employees to manage their health effectively and seek preventive care in exchange for rewards.
More than two-thirds of midsized business owners and executives cite the cost of health coverage and benefits as a primary concern in a recent study, “Top Concerns and Challenges of Midsized Business Leaders in 2013.” MSGCU joins a growing list of midsized companies committed to proactively managing the challenge of increasing healthcare costs with ADP’s Vitality wellness program.
“We’re taking an interactive and innovative approach to help our employees live healthier lives,” said Peter Gates, President and CEO of Michigan Schools and Government Credit Union. “Partnering with ADP, in combination with MSGCU’s wellness initiatives, will help us empower our employees to live healthier lives by giving them access to educational tools and resources from any computer or device. Employees will also be able to earn incentives by making healthy decisions.”
Since the inception of MSGCU’s wellness program in 2012, the company holds a quarterly healthy living series that educates employees about nutrition and mental wellness. With the implementation of ADP’s Vitality wellness program, MSGCU employees will be able to earn rewards for participating in medical exams, having gym memberships and taking a Vitality assessment. By pursuing multiple activities, employees can reduce their healthcare benefits premium costs.
The ADP Vitality wellness solution helps midsized employers with between 50 and 1,000 employees proactively manage rising healthcare costs, while reducing healthcare claims and employee absenteeism. Key features of this incentive-based program include an interactive wellness portal, health risk assessments, biometric screenings, and personalized wellness plans with recommended goals and activities. The program integrates with social networking sites, mobile applications, and fitness technologies to give employees additional support as they pursue their wellness goals.
“The ADP Vitality wellness solution gives employers new tools to encourage employees to proactively manage their health,” said Regina Lee, President, Major Account Services and ADP Canada, ADP. “The more invested employees are in their health, the greater their reward will be in terms of quality of life and cost savings.”
More information about the ADP Vitality wellness solution can be found at www.adp.com/wellness.
With more than $11 billion in revenues and more than 60 years of experience, ADP® (NASDAQ: ADP) serves approximately 620,000 clients in more than 125 countries. As one of the world's largest providers of business outsourcing and human capital management solutions, ADP offers a wide range of human resource, payroll, talent management, tax and benefits administration solutions from a single source, and helps clients comply with regulatory and legislative changes, such as the Affordable Care Act (ACA). ADP's easy-to-use solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle, and heavy equipment dealers throughout the world.
For more information about ADP, visit the company's Web site at www.adp.com.