Featured Post

Evaluation of Employee Health and Wellness Programs

It is important to measure the effectiveness of all Employee Health and Wellness Programs. There are several very simple ways to measure Employee Health and Wellness Programs: How many attended the corporate health and Employee Health and Wellness Program, and was there participation or a visible level...

Read More

Employee Health and Wellness Programs in a Depressed Economy

Posted by Health Screening | Posted in Wellness Program | Posted on 18-10-2008

0

Employee Health and Wellness Programs and Healthcare Costs

Employee Health and Wellness Programs are more important now than ever.  According to an article in the Wall Street Journal, with the troubles in the economy it seems that the costs of organization provided healthcare keep continuing to grow and it doesn’t seem like it is going to change.  The article states that during the year 2008, American businesses can expect to see an increase of 10% in healthcare costs.

This increase in healthcare costs is causing some small businesses to reduce their employee health benefits or get rid of them altogether.

Employee Health and Wellness Programs for Healthier Lifestyles

Employee Health and Wellness Programs do provide an option for small businesses.  The corporations can provide discounted co-pays and deductibles to those staff members that fully participate in the provided Employee Health and Wellness Program.  Full participation means getting health screens, receiving a health risk assessment, and then working with their wellness coordinator to work towards a healthier lifestyle.

The healthier the staff members, the lower the overall healthcare costs for the corporation.  Just one lengthy hospital stay can almost deplete a small business’ healthcare budget.

Employee Health and Wellness Programs and Your Bottom Line

Employee Health and Wellness Programs provide many advantages to a organization’s bottom-line. Employee Health and Wellness Program Statistics from Prudential Insurance show a benefit expense of $312 per individual enrolled in a Employee Health and Wellness Program compared to an expense of $574 per employee that wasn’t enrolled.  Coors Brewing Company showed a positive side-effect of participant absenteeism dropping by 18%, thus greater production and less healthcare costs overall.

  • Share/Bookmark

Write a comment