Health insurance premiums continue to skyrocket: from 20% to more than 100%, reflecting the high costs of the covered services. As such, a full 50% of business profits go to paying for healthcare costs versus only 7% 30 years ago.
A survey by ComPsych Corporation showed that 63% of workers surveyed say they have “high levels of stress, with extreme fatigue and feeling out of control,” which is up 15 % from six months earlier. Why? Because of the heavy workload caused by business expansion after downsizing or new fears of downsizing.
Paul Zane Pilzer, master economist and author of The Wellness Revolution, noticed how unhealthy his general lecture audience was in 1996 (and still is), but how his wealthy crowd was getting fitter and healthier each year.
Discovering both the need and the opportunity, the well-to-do have discovered that wealth is not much without health. Thinking about that further, better health can lead to wealth.
By maintaining wellness in your workplace through worksite wellness programs, your expenses will go down, and your company will see improvement in many areas:
- Better image in the community
- More productivity in all your company’s departments
- Higher morale
- Stronger success drives
- More respectful environment
- Better customer relations
- Less sick leave / absenteeism
- Fewer errors & accidents
- Reduced worker’s compensation claims
- Less conflict
- More creativity
- Better decision making
- Able to solve more complex problems
- Attract top-notch employees
- Decrease addictions
- Lower turnover
- Fewer onsite health emergencies
- Lower health insurance premiums, co-pays, and deductible payments
Based on decades of studies and successful worksite wellness programs, greater understanding of complementary healthcare, higher availability of sophisticated health coaching, and advanced information systems, combining compatible and cross-supporting systems are now the key to maximum and long-term healthcare cost reductions.
About the Author:
For more information, please contact Kenton Johnson at Kenton@compwellness.net
