Why Invest In Corporate Wellness?
the news is not encouraging. According to Company Week, family health-care premiums increased 49% from 2000 to 2004.
Another increase of 12-15% is expected in 2005. General Motors expects to spend $5.6 billion on medical costs in 2005, or 40% more than it earned in profits in 2004.
More research shows that poor diet andlack of exercise are major drivers of increases in healthcare costs for employers. the number of obese adults has doubled since the 1970s.
the rise in obesity has a significant impact on health-care costs. on average, 2002 health-care costs for an obese person were $1,244 higher than for a person with a healthful weight.
Obesity is causing rapid increases in kind 2 diabetes and contributes directly to a 65% increase in diabetes treatment from 1987 to 2002. Nearly $1 of every $5 spent on healthcare in the United States is for a person with diabetes.
Treating employee healthcare as an investment, rather than a cost, can yield long-term dividends
at least 50% of your organization’s health-care costs are driven by the lifestyle related behaviors of your employees, like smoking, poor diet, and lack of exercise.
In the past 10 years, the annual return on investment for Wellness Programs has been as much as $6 saved for every $1 spent, doubling the return on investment of earlier programs.
the average reduction in health-plan costs, sick time, disability costs, and workers’ compensation is more than 25 percent for well-designed Wellness Programs.
Fit employees are more productive employees, with fewer sick days, fewer accidents, higher morale, and lower job turnover.

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