Home > Uncategorized > Do Wellness Programs Really Work?

Do Wellness Programs Really Work?

Wellness Programs in the workplace is the true sign of healthcare reform. I believe that true healthcare reform will come whne we all take on more responsibility for our own health and healthcare cost. The fact of the matter is that employeers have alot to benefit from these wellness programs. Check out the results below…..

  • Canada Life Insurance reported a return of $3.43 on their fitness program, and an overall return on investment of $6.85 on each corporate dollar invested on reduced turnover (32.4% lower), productivity gains and decreased medical claims,
  • DuPont’s Worksite Health Promotion pilot sites saw a saving of 11,726 disability days and a return of U.S. $2.05 for every dollar invested by the end of the second year,
  • The Canadian government’s corporate wellness programs returned $1.95-$3.75 per employee per dollar spent (as reported by Dr. Roy Shephard),
  • Municipal employees in Toronto, missed 3.35 fewer days in the first six months of their “Metro Fit” fitness programs than employees not enrolled in the program,
  • British Columbia Hydro employees enrolled in a work-sponsored fitness program had a turnover rate of just 3.5% compared with a company average of 10.3%,
  • Johnson & Johnson estimated an average saving of U.S. $224.66 per employee per year for the four years examined after the program introduction, with the bulk of the savings being in the third and fourth years,
  • Pacific Bell reported that overall absenteeism decreased after implementing a program,
  • Coca Cola report saving $500 every year per employee after implementing a fitness program, with only 60% of their employees participating,
  • Coors Brewing Co. reported that for each dollar spent on their Corporate Wellness Program they saw a $5.50 return, and the employees who participated reduced their absentee rate by 18%, and
  • Prudential Insurance Company reported that the benefits costs for employees participating in their program were $312, as opposed to $574 for non-participants

I believe that we all can benefit from Wellness Programs. Employeers will lower premium cost because of a healthier risk pool as well as increasing productivity! Employees will reap the benefits of a healthier lifestyle and maybe the increased energy and attitude might get that raise or promotion. Insurers…..I dont need to say anything here….

Advertisements
Categories: Uncategorized
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: