Standard Life improves its offering to help employers create a healthier
MONTREAL, March 21, 2013 /CNW Telbec/ - The Standard Life Assurance Company of
Canada ("Standard Life") today announced that it has expanded the range of its
health and wellness consulting services and tools to support employers who
wish to implement or enhance their health and wellness programs.
Research shows that health and wellness programs increase productivity and
companies that implement an effective health and wellness program achieve a
turnover rate that is 40% below that of their competitors.(1)
"Employees' health has a direct impact on a company's bottom line. That's why
it's important for employers to offer more than just group insurance plans.
Preventive measures are key to helping employees adopt and maintain a healthy
lifestyle. They also have a positive influence on the workplace environment
and a company's overall results," said Christine Potvin, Vice-President, Group
Insurance, Customer Experience. "Companies both large and small are paying
greater attention to the health of their employees. With an aging workforce
and an increase in the scarcity of labour, this trend will become even more
prevalent in the future. What distinguishes Standard Life's comprehensive
approach is the way it integrates health and wellness with drug and absence
management programs. Our customers stand to gain in terms of productivity and
their ability to retain talent."
As part of its new consulting services, Standard Life offers expert advice and
support for the design, implementation and evaluation of tailored health and
wellness strategies and programs. It also assists employers who wish to
achieve the Healthy Enterprise Standard, a certification that recognizes the
achievements of Québec-based companies of all sizes in developing
sustainable, workplace health programs.
Standard Life, in collaboration with Homewood Human Solutions™, now offers:
-- A series of online health risk evaluation tools for employees
-- Screening tests, such as cholesterol and glycemia measurements,
performed by a nurse in the workplace
-- Personalized coaching on the telephone
-- Employee workshops
-- Online interactive challenges
-- A self-directed weight management and wellness program.
These new tools complement the health benefits diagnostic analysis that
Standard Life has been offering to employers and which uses a company's health
claims history to provide an analysis of its situation, its employees' health
problems and their related costs.
They are also supported by the online Health and Wellness Centre that is
accessible on Standard Life's public website and contains practical
information, tips and tools for adopting a healthy lifestyle.
Benefits to employees, employers and advisors
With Standard Life's health and wellness offering:
-- Employees can benefit from better health, increased energy and
improved satisfaction with regard to their employer.
-- Employers can help control health care and group insurance plan
costs, as well as absenteeism, in addition to increasing
productivity and improving their ability to attract and retain
-- Advisors can offer a one-stop shop for their customers' needs
in health and wellness, absence and drug management, and
employee and family assistance programs.
Note to editors
1. For more information, visit:
Health and Wellness Centre
About Standard Life
Standard Life plc is a leading long-term savings and investment company
headquartered in Edinburgh, Scotland. Standard Life has around six million
customers worldwide and operates in the United Kingdom, Europe, North America
and Asia, and globally with Standard Life Investments Ltd.
In Canada, Standard Life has been doing business for 180 years. It operates
under Standard Life Financial Inc., which wholly owns The Standard Life
Assurance Company of Canada and Standard Life Mutual Funds Ltd. It is Standard
Life plc's largest operation outside the UK with about 2,000 employees. It
provides long-term savings, investment and insurance solutions to more than
1.4 million Canadians, including group retirement and insurance plan members.
As of December 31, 2012, Standard Life plc had $353 billion in assets under
administration, including $45billion in Canada through Standard Life
(1) Source: Towers Watson, "Staying@Work 2009"
Geoffrey King 514-499-7999, ext. 8150 firstname.lastname@example.org
SOURCE: STANDARD LIFE
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-0- Mar/21/2013 13:00 GMT
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