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BankPlus' WellnessPlus Program Honored By Institute for Health and Productivity Management

Posted on: Friday, 17 October 2008, 18:00 CDT

BankPlus announced today that the bank's WellnessPlus program has received an international leadership award for Value-Based Health from the Institute for Health and Productivity Management (IHPM) for its innovative Value-Based Health initiatives. These initiatives include health and wellness programming integrated with health benefit design for the purpose of rewarding employees who take charge of their health with insurance premium discounts.

IHPM presented the award to WellnessPlus through its Value-Based Health (VBH) Initiative; the mission of VBH is to define and promote value, instead of cost, as the basis for health management and benefit plan design.

BankPlus also received the IHPM Corporate award in 2004. The other 2008 winners of the same award were The University of Michigan, State of Washington, Pfizer, and John Deere.

"BankPlus joins the distinguished ranks of last year's winners - Intel, Procter & Gamble, Marriott, Cerner- as a leader at the expanding value-based movement that is transforming health benefits and programs from costs into investments in their human capital," says Sean Sullivan, President of IHPM.

IHPM is a global non-profit enterprise dedicated to establishing the full value of employee health and maximizing its impact on business performance. BankPlus received the award at IHPM's Eighth Annual International Conference in Scottsdale, Arizona. Director of WellnessPlus, Elynn Fish, accepted the award on behalf of BankPlus.

Now in its second year, the Value-Based Health Benefits awards acknowledge and reward employers that have moved beyond the conceptual phase and demonstrated leadership and innovation through the implementation of value-based health strategies, including value-based health benefit design, for their employees.

"We are honored to receive this award from IHPM in recognition of our work in Value-Based Health," said Elynn Fish, Director of WellnessPlus. "In respect of our employees being our most important and most valuable asset, we strive to create a healthy culture that encourages a healthy, happy and high-performing quality of life for each employee at home, at work, and in their community."

About IHPM

The Institute for Health and Productivity Management (IHPM) is a global enterprise created in 1997 to establish the full value of employee health and maximize its impact on business performance. It does this by helping employers to identify the total cost impact of employee illness on business performance; choose the best opportunities to reduce this cost impact and improve performance; and measure the success of their efforts. www.ihpm.org

About WellnessPlus

WellnessPlus is a wellness program for the employees of BankPlus. WellnessPlus seeks to improve the lives of BankPlus employees by promoting physical activity, healthy eating, disease prevention, and other healthy habits. This program presents an opportunity to impact the personal health of Mississippians, ultimately leading to a better Mississippi. The mission and purpose of WellnessPlus is to promote healthy lifestyles and encourage personal health management by providing comprehensive education, skill sets and tools to equip realistic implementation of healthy habits on a daily basis. With this purpose met, BankPlus employees and families will enjoy an improved quality of life.

About BankPlus

BankPlus, with total assets of more than $2 billion, has 62 offices in 34 Mississippi communities. In addition to its Belzoni Main Office, other BankPlus offices are located in Bentonia, Brandon, Byram, Canton, Clinton, D'Iberville, Durant, Flora, Flowood, Gluckstadt, Hernando, Holly Bluff, Horn Lake, Isola, Jackson, Lexington, Madison, Meridian, Newton, Ocean Springs, Olive Branch, Pearl, Picayune, Pickens, Poplarville, Quitman, Ridgeland, Shubuta, Southaven, Stonewall, Tchula, Waynesboro and Yazoo City. For additional information on BankPlus, please visit www.BankPlus.net.

Source: Business Wire

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