Health Risk Management - IMA LifeIQ℠

LifeIQ℠ is IMA’s Health Risk Management and Wellness program. It is a multidisciplinary approach that relies on education and targeted interventions to help change behaviors and environments in ways that promote health and productivity. Clients that engage in this guided process can be successful at reducing their total health care spending.

Beyond Wellness

The cost of health care escalates at a pace that is draining profitability and threatening the long-term viability of many companies. Cost-shifting to employees and other supply-side solutions are no longer sustainable options to achieve cost control.

Wellness programs in the workplace may seem like the right thing to do, but they have traditionally been difficult to measure. LifeIQ℠ goes beyond wellness to provide our clients with return-on-investment data for health and wellness initiatives and defined strategic plans that are unified into the benefits plan design.

What is really driving health care cost?

According to the Department of Health and Human Services, 50 percent of a person’s health status is a result of behavior, and 75 percent of care costs can be prevented, delayed, or curtailed through lifestyle modifications, according to the Deloitte Center for Health Solutions.

Through a strategic program design process, Life IQ℠ is able to identify the unique cost drivers that are most expensive for your organization. Next, a series of interventions are created to target cost drivers. For example, escalating costs could be driven by a variety of issues such as health plan management, health care utilization, health risks and health costs. IMA understands that your environment, culture and needs are very different from those of other companies, so we design a specific solution that works for you.

Engagement -- First, we drive employee involvement in your health risk management and wellness plan. Employee health risk assessments are a typical first step. IMA’s methods of preparation, planning and implementation are specific to your company, and we’ve proven that we can achieve high levels of participation.

Risk Reduction – We assess your employees and your health plan usage to determine where to focus interventions for risk reduction.

Health Improvement and Protection – Changing employee behavior is the next step. By encouraging awareness and early detection we know that costs can be reduced.

Measurable Results – Can you really bend the trend of rising costs? The answer is yes. Through integrated solutions and the LifeIQ℠ process you can achieve measurable results.

Learn how using predictive analytics can help you craft a custom Employee Benefits program.