Advantages And Disadvantages Of The Wellness Plan For Coca-Cola Company

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Purpose of the report: The aim of this report is to analyze various “wellness plans,” their advantages and disadvantages both to the employee and to the employer. This will give a guide on which wellness plan is the most suitable to implement and give recommendations to Coca-Cola company on which wellness plan is the most suitable to implement.
Methodology: The collection data primary and secondary sources were used. For primary data, some interviews were conducted with employees so that a detailed overview of the programs can be analyzed. Whereas, most of the work is based on secondary research for which the relevant websites of the companies, books, and journal articles were consulted. Identification of the most appropriate wellness plan …show more content…

These are called the “participatory wellness plans.” Individuals enrolled in this program do not need any of the HIPAA nondiscriminatory requirements other than the ones described. The most typical examples of the participatory wellness plans include membership of a gym and tobacco cessation programs (Gowrisankaran, 2013).
Health-contingent wellness plans
These are programs that include the programs that require an individual to meet a reasonable status standard to be given the reward. These rewards may come in forms of premium discounts and the rebates. Lower cost sharing needs and the absence of a surcharge or any extra benefits (Horwitz, 2013).
Developing a culture of health and wellness and their …show more content…

Workers of every organization need to embrace the culture of living a healthy lifestyle rather than implementing specialized health programs and insurance plans (Goetzel, 2012). Coca-Cola Company initially perceived health and well-being as only integrated into the safety programs that employees are given. The company needs to distinguish between health and wellness from safety concerns. Many governments have encouraged wellness programs through the Affordable Care Act; this raises the legal limits on the penalties imposed on the employees by employers for the health-contingent wellness plans (Baicker,

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