Allan Levy
Vaughan, ON (CAN)
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Alexion Assurance Company
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Startup
Location:
Vaughan
Industry:
Insurance
Year Founded:
2007
Number Employees:
1-10 people
Description:
Alexion Wellness will serve Greater Toronto and the surrounding area businesses, helping them to become more productive, while lowering their overall costs.
Our business is based on two simple facts:
1. Healthy employees are more productive than chronically ill employees.
2. It costs less to prevent injuries or illnesses than to treat them after they occur.
At Alexion Wellness, we tie worker productivity directly to the health care issue. We believe that traditional approaches to the current health care crisis are misdirected. These traditional efforts are what we call reactive--that is, they wait until after the worker has been stricken with illness or injury, and then pay for the necessary treatments. Our approach, which emphasizes prevention and good health promotion, is much more proactive.
By helping employees change their behavior patterns and choose more healthy lifestyles, Alexion Wellness will lower companies' health care expenditures, while raising worker productivity. Health care expenditures will decrease due to reduced medical insurance premiums, reduced absenteeism, reduced turnover rates, reduced worker's compensation claims, reduced tardiness, shorter hospital stays, etc.
The state of Canadian's health care crisis, coupled with current demographic changes, threaten to not only exacerbate the crisis, but further erode worker productivity as well. These environmental factors coupled with the local competitive situation signal a favorable opportunity in this market. We feel the time is right for Alexion Wellness.
1.1 Objectives
1. Provide wellness strategies/programs to businesses in the Greater Toronto and surrounding areas.
2. Create working relationships with 200 companies by the end of year one.
3. Expand Alexion Wellness into a minimum of two other major hubs across Canada by the end of year three.