Jeremy Chadwick , VSP Vision Care

VSP Proprietary & Confidential

Vision Care : A Core Workplace Benefit27 May 2016 Jeremy Chadwick, Managing Director EMEA

VSP Vision Care

34,000 network providers partner with

VSP Vision Care

80 millionVSP Vision Care

members worldwide

Largest not-for-profitvision benefits andservices company

We help people see by putting members first.


Vision Is Important

63.4% 61.5%Of companies offer vision care with VSP to their employees


The Human Eye: Complex Machinery


Comprehensive Eyesight Exam

• Visual Acuity

• Refraction Test – Determines the amount of vision correction

• Refractive Errors – Nearsighted, Farsighted, Astigmatism, Presbyopia

• Visual System Evaluation – External exam, Internal exam and pupil dilation

• Tonometry Test – “Puff test” measures the fluid pressure inside the eye

• Digital Retinal Imagery [DRI] – photo of the back of the eye

• OCT – [Optical Coherence Tomography] 3D slide through the eye


Prescriptions

Astigmatic

Cornea’s surface is not spherical – creates a

twisted image

Presbyopic

Diminished focusing as we age


Vision Related Diseases

Diabetic Retinopathy

Macular Degeneration

Glaucoma

Erin Henke

Do we have another image of a white adult that we can use for next several slides to demonstrate the eye conditions?


Eyesight Exam Outcomes

Hypertension

High Cholesterol

Prescriptions

Eye-specific conditions

Diabetes


Employee Health

Poor diet

Poor health screening

Stress

Lack of sleep

Inactivity

Smoking

Excessive alcohol

consumptionAre linked to serious condition health risks

Seven employee behaviours linked to employment

HypertensionHigh cholesterolChronic back painCoronary heart diseaseCancer

Lung diseaseKidney diseaseDiabetesDepressionArthritis


Diabetes Growth and Impact - US

UK and Ireland following this trend


Diabetes - Ireland


Cost Savings – US Case Study

0 Year 1 Year 2 Year 3 Year 4

Early detection

of diabetes

$2,246Savings

Savings increase to$2,787

Savings increase to $3,120


Measuring the Value

145%ROI

VSP Vision plans

£420Per

employee saving

• A five year independent study conducted by Human Capital Management Sevices identified a 145% ROI on VSP vision plans

• Companies that target 3 major modifiable risk factors can save an average of £420/employee/year in health care costs and productivity improvements


Better Business Through Smarter Vision Care

Healthier employees, better condition identification and management

Productivity improvement

Return on Investment from employees and cost avoidance

Employee engagement and retention , better benefit buying, wellness programme design


Co-brand Option

Discussion/Questions

vsp-ireland.ie

vsp-uk.co.uk

Healthcare

Jeremy Chadwick , VSP Vision Care