Organizations are recognizing that improving the health, and therefore increasing productivity, of their workforce can do more than cut costs. Increased productivity leads to an improved bottom line and sustained competitive advantage. Successful outcomes-based wellness programs measure productivity in addition to focusing on medical cost savings. For example, an independent study found that participants of Interactive Health’s programs returned to work sooner than claimants who did not participate – 11 days sooner from worker’s compensation, and 17 days sooner from short-term disability. The implication is simple: by taking a strategic approach to wellness, an organization develops a workforce that is healthier, more productive and more likely to drive value.1
While companies certainly care about the well-being of their employees, benefits decision-makers admit that a primary reason their company maintains a wellness program is to help curb health care costs, and 59 percent of companies agree that wellness programs can help reduce these costs.
Despite the benefits of wellness program, nearly a quarter (22 percent) of companies do not offer them for their workforce due to the difficulty in quantifying the return-on-investment (ROI). However, a comprehensive analysis of 42 published studies of worksite health promotion programs showed that companies that implemented an effective wellness program realized significant cost reductions and financial gains, including:
To keep the body in good health is a duty... otherwise we shall not be able to keep our mind strong and clear. - Buddha