Sierra Pacific Resources pays employees to stay healthy and sees financial and health payoffs
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“We’re already seeing lots of positive results from employees taking their health more seriously. Savings with Great-West Healthcare have been in excess of $3 million so far.”
– Jose Montalvo, Manager, Benefits, Sierra Pacific.
Sierra Pacific Resources operates two utilities subsidiaries that collectively bring power to more than one million customers in Nevada and California: Sierra Pacific Power, which has served customers in northern Nevada and northeastern California for more than 140 years; and Nevada Power, which has served Las Vegas and southern Nevada since 1906.
Benefits needs:
- Looking for a progressive and innovative health care provider and concerned about its worsening employee health, Sierra Pacific sought a more cost-effective health care plan with better claims control and greater support for driving employee health.
Solution from Great-West Healthcare, now part of CIGNA:
- Innovative programs like self funding, annual health risk assessments and disease management programs match Sierra Pacific’s progressive approach to benefits, lowering costs and improving awareness.
- Tied to the annual health assessment administered by Great-West Healthcare, Sierra Pacific offers cash incentives of up to $600 a year, based on employee health parameters.
- With Great-West Healthcare’s Medical OutreachSM program, employees with specific conditions like heart disease or diabetes receive personalized information and care, helping to reduce claims costs and improve employee health.
- With a self-funded PPO from Great-West Healthcare, along with other health initiatives, Sierra Pacific has seen positive changes in employees’ behavior and saved more than $3 million over the past year-and-one-half.