Why worksite wellness? When it comes to worksite wellness, indecision and complacency can have major ramifications. Consider these health trends impacting America today:
- Chronic diseases related to lifestyle account for 70% of the nation’s medical-care cost.
- People with a healthier lifestyle live 6 to 9 years longer than those with an unhealthy lifestyle.
- Recent studies demonstrate that people with unhealthy habits have higher medical-care cost.
- According to the Guardian study, among employers that see a value in wellness programs, 68% of small employers, 78% of midsize employers and 69% of large employers want their insurance carriers to play a role in helping their company implement wellness and prevention programs to help reduce absenteeism and healthcare costs.
- Wellness programs do not have to be expensive to implement. It makes sense for most companies of all sizes to offer some type of program that encourages workers to lead healthier lives. Cutting edge insurance companies embed wellness programs into their insurance plans at no additional costs and offer incentives to companies that encourage their employees to live healthier lifestyles.
THE GOOD NEWS:
- Every $1 invested in employee wellness programs yields roughly $4 savings through reduced sick days, higher productivity and decreased health costs.
- Studies show that nationwide, companies who implement a health and wellness program reduce their claims up to $250 per employee.
- Companies will notice a decrease in healthcare costs once they incorporate a wellness program into the workplace. For example, Johnson and Johnson reduced its absenteeism rate by 15 percent within two years of introducing its wellness program. The company also cut its hospital costs by 34 percent after just three years.
Research shows that employees enrolled in a corporate fitness program are:
- Less likely to make errors at work
- Up to three times more productive
- Healthier, leading to a reduction in employee healthcare cost.
- More motivated and have higher self esteem and morale
- More accountable, decreasing employee absenteeism
- More loyal to the company and their peers.