Archived Content

Driving Innovation In the Health Care Marketplace:

A CEO Report

Altec, Inc.

Altec Inc. understands that a strong team of dedicated, healthy associates is necessary for us to continue to be recognized by customers as the preferred supplier of products, services and solutions in our markets. Every associate is an integral part of Team Altec, and we have a holistic approach to the overall well-being of each individual and his/her family. To address the health care component of this approach, Altec has increased associate engagement in the health care decision-making process. Altec’s primary program components include choices for health insurance coverage, encouragement of healthy activity through company- sponsored programs, and easily accessible health care services provided via onsite health clinics for associates and their families.

  • Altec provides multiple health insurance plan choices with varying benefit levels in an effort to enhance associate access to quality health care at affordable costs.
  • Altec encourages regular physical activity by providing incentives for associates via sponsored activity programs. Increased associate physical activity earns financial rewards such as health plan premium credits and gift cards. Success is evidenced by an enrollment rate of 61 percent in the program’s third year.
  • In January 2013, Altec opened an onsite health clinic at our largest production facility to provide basic primary and acute care services with an emphasis on health coaching, risk reduction and disease management to associates and their dependents. In the first year, 73 percent of the associate population identified with high risk factors and/or chronic disease participated, and a total of 25 percent of the high-risk patients engaged in health coaching. Thirty-seven percent of at-risk patients made measurable improvements on biometric risk factors. Key objectives for 2014 include increasing the breadth and depth of biometric screenings and engaging more of the high-risk population in health coaching services.

Because we believe in the responsibility to make further advancement toward consumerism in health care decision-making, Altec continues to identify innovative associate and dependent health care engagement opportunities. In 2014, Altec is focused on integrating the various program components with a revitalized wellness campaign combined with aggregated metrics positioned to identify specific, measurable successes while also identifying options for ongoing enhancement of the population’s health care experience.

Companies

Download the Full Report

BRT companies provide health coverage to more than 40 million Americans. We help American workers and their families remain healthy, receive quality treatment when necessary and achieve better health outcomes. The private-sector innovations in the insurance marketplace that enable us to provide these services to our employees and their families serve as models for public programs — but additional reforms are necessary.

This report highlights the innovations we have made and the public policy changes we believe would drive value by promoting health and improving outcomes.

https://s3.amazonaws.com/brt.org/archive/0_healthcare/BRT-Health-Care.pdf