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As vice president of HR,Matt is proposing to institute an organizational wellness program at Cliffside Sports Products.Matt tells the CEO that research shows that over half of employees take part in different activities in wellness programs.Then Matt makes his key argument which is
Wage Replacement
A form of benefit that compensates for income lost due to temporary disability, unemployment, or other reasons preventing a person from working.
Health Maintenance Organization (HMO)
A type of managed care operation that is typically set up as a for-profit corporation with salaried employees; group insurance that entitles members to services provided by participating hospitals, clinics, and providers.
Group Insurance
An insurance plan that provides coverage to a group of individuals, typically employees of an organization, under a single policy.
Participating Hospitals
Medical facilities that agree to provide services under certain insurance plans or health programs.
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