Posted by admin | Posted in Workplace Health Promotion | Posted on 18-11-2008
Workplace Health Promotion Programs and Medical Care Costs
Workplace Health Promotion Programs are more important now than ever. A recent article in the Wall Street Journal, with the troubles in the economy it seems that the costs of business provided medical care keep continuing to grow and it doesn’t seem like it is going to change. The article states that during the year 2008, U.S. businesses can expect to see an increase of 10% in medical care costs.
This increase in medical care costs is causing some small businesses to reduce their worker health benefits or get rid of them altogether.
Workplace Health Promotion Programs for Healthier Lifestyles
Workplace Health Promotion Programs do provide an option for small businesses. The corporations can provide discounted co-pays and deductibles to those employees that fully participate in the provided Workplace Health Promotion 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 employees, the reduce the overall medical care costs for the corporation. Just one lengthy hospital stay can almost deplete a small business’ medical care budget.
Workplace Health Promotion Programs and Your Bottom Line
Workplace Health Promotion Programs provide many advantages to a organization’s bottom-line. Workplace Health Promotion Program Statistics from Prudential Insurance show a benefit expense of $312 per person enrolled in a Workplace Health Promotion Program compared to an expense of $574 per worker that wasn’t enrolled. Coors Brewing Company showed a positive side-effect of participant absenteeism dropping by 18%, thus greater production and less medical care costs overall.
