The case for corporate wellness is typically built around its ability to reduce health care costs. Study upon study shows the impact that effective corporate wellness programs can make. In fact, a recent Aon Hewitt health care survey showed that when employers target and affect three health risks among their population, they can save $700 per employee per year.
In addition to reduced health care costs, however, there are several other pain points that a corporate wellness program can address. Here are a few reasons why corporate wellness continues to make sense for employers.
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Why Corporate Wellness?
1. BENEFITS OF CORPORATE WELLNESS
CORPORATE
WELLNESS?
Three out of ďŹve employers (61%) offer a corporate wellness program1
.
Why? Because when properly integrated, a corporate wellness program
can improve employee health and productivity, and contain health care
costs. Plus, corporate wellness is proven to help retain top performers.
16KG
EMPLOYER PAINS
Poor employee health
Health care costs5
Productivity losses6
Retention7
IMPACT OF MAJOR
EMPLOYEE HEALTH RISKS
1 IN 2 ADULTS
2 OUT OF 3 ADULTS
HAVE BEEN DIAGNOSED WITH AT LEAST
ONE CHRONIC DISEASE2
ARE OVERWEIGHT OR OBESE3
49%
25-30%
employees likely to leave
and look for a new job this year
PER YEAR
PER YEAR
$225.8
BILLION
cost employers
Cost employers
Health-related
productivity losses
$1685per employee 1685
one thousand six hundred eighty-five dollars
Employee
Jan. 1
Obesity
Cigarette smoking
Diabetes
WHY
Obesity2.1.
$
Obese cost
$1,850â
$5,500
more in health
care costs than
normal-weight
individuals10
$4.3 billion:
Annual losses to businesses
because of obesity-related job
absenteeism11
Reduced costs and absenteeism14
Impact on retention
ROI
$ $
30%
Meta-analysis
shows corporate
wellness on
average reduced
sick leave
absenteeism by
Workersâ
compensation
and disability
management
claims costs by
Health care
costs by
28% 26%
Average ROI of corporate wellness15
:
$3.27 for every $1 spent
=$ $1$1 $ $1$1 $ $1$1 $ $1$1
Employees who participate in wellness programs are
more likely to be loyal to their employer16
73% 62% 62%
Employer spending on corporate wellness is a strong financial
investment when it succeeds in modifying employee health and
behaviors. HealthFitness is a proven leader of population health
management solutions that measurably improve employee health.
To learn more about HealthFitnessâ unique approach to infusing
a culture of health for clients, visit www.healthďŹtness.com.
Participants believe
their company is very
loyal to them
Participants feel very
loyal to their company
Participants say benefits
are an important reason
they stay at their
current company
Š 2015 Health Fitness Corporation
3.Diabetes
Diabetes accounts for:
VS.
Employee with diabetes
costs, on average,
$13,243 annually13
Employee without
diabetes averages
$2,560 annually13
Tobacco
Smoker
Smokers miss more
days per year8
6.2days
Non-smoker
days
3.9
DID YOU KNOW?
Many health care providers struggle to
address risks, such as obesity4
⢠U.S. Preventive Services Task Force
guidelines recommend checking all
patients to determine if theyâre obese;
however:
o Research shows when doctors
perceive an obese patient to be
smaller than themselves, only
11% discuss weight loss with
the patient
of medical costs per year are spent on
employees with major risk factors
such as:
>
Sources:
1. Business Insurance, http://www.businessinsurance.com/article/20120625/NEWS03/120629945?tags=|307|74|305|339|257 2. Health Affairs, http://content.
healthaffairs.org/content/28/1/64.full 3. Institute of Medicine, http://www.iom.edu/Reports/2012/Accelerating-Progress-in-Obesity-Prevention/Infographic.aspx
4. Wall Street Journal Health Blog, http://blogs.wsj.com/health/2012/01/30/overweight-doctors-less-likely-to-discuss-weight-loss-with-patients/ 5. National
Business Group on Health, www.businessgrouphealth.org 6. Journal of Occupational and Environmental Medicine, http://www.ncbi.nlm.nih.gov/pubmed/14665809
7. Employee Benefit News, http://eba.benefitnews.com/news/benefits-employees-employers-workers-ancillary-offerings-coverage-2725242-1.html 8. Tobacco
Control, http://tobaccocontrol.bmj.com/content/10/3/233.abstract 9. Centers for Disease Control and Prevention, http://www.cdc.gov/workplacehealthpromotion/
implementation/topics/tobacco-use.html 10. Occupational Health & Safety, http://ohsonline.com/articles/2012/03/13/obese-workers-have-higher-health-care-
costs-than-smokers-study-says.aspx 11. Institute of Medicine, http://www.iom.edu/Reports/2012/Accelerating-Progress- in-Obesity-Prevention.aspx
12. Centers for Disease Control and Prevention, http://www.cdc.gov/diabetes/pubs/factsheets/atwork.htm 13. Diabetes Care, http://www.ncbi.nlm.nih.gov/
pubmed/12610059 14. American Journal of Health Promotion, http://www.ncbi.nlm.nih.gov/pubmed/11502012 15. Health Affairs, http://content.healthaffairs.org/
content/early/2010/01/14/hlthaff.2009.0626.abstract 16. Metlife, http://www.healthplansonline.com/blog/metlifes-9th-annual-study-of-employee-benefits-trends/
$
Annual cost to
employers:
$190.2 billion11{ {
Annual cost to
employers:
$96 billion11{ {
⢠15 million work
days absent12
⢠120 million work
days with reduced
performance12
⢠107 million work days
lost due to unemployment
disability12
Annual cost to employers:
$174 billion