A statement on the insurer’s Web site from Lisa Bisaccia, CVS Caremark senior vice president and chief human resources officer, says: “We’ve encouraged [our employees] to complete a wellness review or a health screening so that you know your own key healthcare numbers – your blood pressure, your blood sugar and cholesterol levels, and your Body Mass Index – because plain and simple, when you know your numbers, you can take action to improve them if necessary.”
“We want to be clear that our primary concern in taking this approach is to encourage your health and well-being in a way that respects your privacy,” Bisaccia adds. “I believe that we all have an obligation to our loved ones, to our colleagues, but most importantly, to ourselves, to do all we can to improve and maintain our health.”
Deborah C. Peel, founder of Patient Privacy Rights, a nonprofit organization based in Austin, Tex., told Today.com that the requirements were coercive to the CVS employee.
In a Boston Herald report, Boston lawyer Valerie Samuels said that more companies are likely to develop similar health-screening requirements.
“Employers have been facing horrible problems with rising health insurance costs, and now we’re seeing that they are using a ‘stick’ approach to health efforts, because the voluntary programs are not making enough of a dent in the premiums,” Samuels said.
For this week’s Color of Money Question: Would you share your medical history, including your weight, to save money? Send your responses to firstname.lastname@example.org. Be sure to include your full name, city and state. Put “Weight Watchers” in the subject line.
Teens Talk Money
Teens expect to be financially dependent on their parents for longer periods of their life, according to a survey by Junior Achievement USA sponsored by Allstate Foundation.
The study, “Teens and Adults Personal Finance Survey,” found that 18 percent of teenagers believe that they will be financially independent by age 20. Last year, the study found that 44 percent of teenagers believed they would be independent by that age. Twenty-three percent of teens said they would be independent between the ages of 25 and 27, compared with 12 percent who had that expectation in 2011.
It’s not surprising that with the economy still on the rebound, teens think they will need more time to become financially stable and self-sufficient, according to the survey.
Color of Money Chat Canceled
This week, Michelle Singletary will not be hosting her weekly live online discussion. The chats will resume Thursday, April 11, 2013.