2016 Benefit Manager of the Year<sup>®</sup>: Philia SwamReprints
For Philia Swam, improving employees' health and wellness has been the passion driving her career.
While LafargeHolcim U.S.' move to high-deductible health plans last year shifted substantial costs to U.S. plan participants, the building materials manufacturer also took steps to ease that financial burden.
One of the biggest benefits trends in recent years has been employers dropping retiree health coverage and moving retirees to private exchanges.
If there is one change Philia Swam would like federal lawmakers to make in the 2010 health care reform law, it would be repealing the Affordable Care Act's Cadillac tax.
When LafargeHolcim U.S. moved to consumer-driven, high-deductible health plans last year for its employees, it spent $2 million of the cost savings on added benefits.
Philia Swam responds quickly when asked why she has spent most of her professional career working for one company — building materials manufacturer Lafarge North America Inc., once a unit of Paris-based Lafarge S.A. and now LafargeHolcim Ltd. following its 2015 merger with Swiss-based Holcim Ltd.
What if an employee wants to lose weight, stop smoking or eat healthier? At LafargeHolcim U.S., U.S. employees have access to a program to help them achieve those and other health improvement objectives that is free.
Giving employees powerful financial incentives — substantial employer contributions to employees' health savings accounts — to take better care of themselves is just one way LafargeHolcim U.S. is trying to control health costs.
Philia Swam has been the driving force behind programs that keep LafargeHolcim's U.S. workforce healthy while allowing the company to minimize health care costs.
Business Insurance established the Benefit Manager of the Year® award in 2005 to recognize excellence and innovation in employee benefits management.
Business Insurance named Mike Greenberg, the New York-based vice president of benefits at Hudson's Bay Co., to the 2016 Benefits Management Honor Roll®.
Benefit Manager of the Year® is a registered trademark of Business Insurance and Crain Communications Inc.