Top 10 Benefits of Corporate Wellness Programs
1. Corporate Wellness Programs average a 3 to 1 return on investment. This means that for every $1 spent on Corporate Wellness Programs, corporations save an average of $3.
2. Corporate Wellness Programs are an absolute necessity for self-insured companies as every dollar saved goes directly toward the bottom line. A million dollars saved is literally a million dollars left over in self-funded health care accounts.
3. Corporate Wellness Programs add to the longevity of each and every employee. An investment in Corporate Wellness Programs is an investment in the health of your co-workers and employees.
4. Corporate Wellness Programs can now be monitored using ROI Tracking systems in order to show direct savings off of ICD-9, CPT-4, and Pharmaceutical codes in order to accurately show where cost savings are occurring and identify other health areas that savings can be achieved.
5. Corporate Wellness Programs are viewed by employees and potential new hires as an employee benefit. Some employees will not work for a company that does not offer Corporate Wellness Programs.
6. Corporate Wellness Programs are fun and motivating. Although there can be a “shock factor” associated with beginning Corporate Wellness Programs, most employees come to look forward to Biometric Testing, Health Challenges, Health Fairs, Promotional Materials, and other key elements of Corporate Wellness Programs.
7. Corporate Wellness Programs improve the health status of employees, thus reducing absenteeism in the workplace.
8. Corporate Wellness Programs have a lasting effect upon reduced sick leave.
9. Corporate Wellness Programs can help identify the problem areas such as cardiovascular diseases, muscular skeletal problems, diabetes, cancers, and other health areas. Using this information, specific interventions can be created within Corporate Wellness Programs in order to improve health and reduce short-term and long-term health costs.
10. Corporate Wellness Programs can utilize high-tech devices and services such as Health Stations, KAM Devices, and ROI Tracking in order to help each employee on their road to better health and track the financial efficacy of each and every intervention being used within the Corporate Wellness Programs.