CLEVELAND, Sept. 15, 2016 /PRNewswire/ -- The National Business Group on Health, a non-profit association of 425 large U.S. employers, today honored KeyBank for having one of the best workforce well-being programs in the nation.
KeyBank, the principal subsidiary of KeyCorp (NYSE: KEY), is among 55 U.S. employers that received the 2016 Best Employers for Healthy Lifestyles® award presented at the National Business Group on Health's Fall Conference. This year's silver marks the third year Key has received a Best Employers for Healthy Lifestyles award.
"We are very proud to once again receive the 'healthy lifestyles' award and share it will all of our employees, who are taking control of their health and living healthier lives," said Kate Terrell, chief human resources officer of KeyCorp. "This award reinforces Key's commitment to our employees and their overall well-being. We are also pleased to join with the National Business Group on Health and other award members in helping to promote healthy lifestyles in workplaces and communities across the country."
The Business Group honored KeyBank for its innovative, systemic approach to wellness, which has helped employees become more involved in their well-being to improve their health. KeyBank provides employees the tools, information and incentives they need as they journey toward a healthier way of life. Investing in employees' health and well-being is part of KeyBank's broader commitment to foster a talented, diverse and high-performing workforce and includes key program elements such as a simple plan design (HDHPs: two options), comprehensive vendor coordination, annual wellness incentives, on-site wellness activities, on-site immunizations, biometric screenings and healthy lifestyle programming. By offering smart eating options and physical activities, KeyBank helps employees make better, more confident health and wellness decisions.
Brian Marcotte, President and CEO of the National Business Group on Health, commented: "We congratulate KeyBank for their dedication to improving the well-being of their employees. Employers are transitioning their focus from offering traditional wellness programs focused primarily on improving their employees' physical health to holistic well-being strategies aimed at enhancing the various facets of employees and their families' lives. We commend KeyBank and its leaders for their innovation."
Winners of the 2016 Best Employers for Healthy Lifestyles® awards were honored in one of three categories: Platinum, for implementing a workforce well-being strategy with demonstrated results across the dimensions of well-being; Gold, for organizations with a strong commitment to holistic well-being and related metrics; Silver, for organizations with emerging well-being strategies and metrics; often with a focus on physical health.
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies with assets of approximately $101 billion as of June 30, 2016. The acquisition of First Niagara Financial Group, which became effective on August 1, 2016, added assets of approximately $40 billion, based on June 30, 2016 balances. Key provides deposit, lending, cash management, insurance and investment services to individuals and small and mid-sized businesses in 15 states under the name KeyBank National Association and First Niagara Bank, National Association, through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit www.key.com. KeyBank and First Niagara Bank, National Association are Member FDIC Institutions.
About the National Business Group on Health®
The National Business Group on Health is the nation's only non-profit organization devoted exclusively to representing large employers' perspective on national health policy issues and helping companies optimize business performance through health improvement, innovation and health care management. The Business Group leads initiatives to address the most relevant health care issues facing employers today and enables human resource and benefit leaders to learn, share and leverage best practices from the most progressive companies. Business Group members, which include 72 Fortune 100 companies, provide health coverage for more than 50 million U.S. workers, retirees and their families. For more information, visit www.businessgrouphealth.org.
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