Corporate Health and Wellness Programs for Small Businesses

November 10th, 2008 · 8:20 am @ admin  -  No Comments

Studies suggest that for every $1 invested in Corporate Health and Wellness Programs, a business saves $3 to $5 in health and safety costs. Companies that invest in Corporate Health and Wellness Programs reap the financial rewards through savings on medical care costs, disability pay, rates of absenteeism, turnover and safety problems.

 

workplaces have already proven to be a great place to promote wellness. After all, people spend more time at work than doing anything else. Eighty-two percent of the U.S. population is linked in some way to a worksite. Therefore, providing Corporate Health and Wellness Programs is a great way to reach a substantial number of people in your area.

 

Corporate Health and Wellness Programs in Small Businesses

 

Unlike large organizations, small organizations frequently lack the resources to provide Corporate Health and Wellness Programs to their workers. However, they may be the most in need of such services. Small businesses are the hardest hit by medical insurance costs and have the highest rates of substance abuse. Worker well-being and physical or mental illness can also be more disruptive in a small business environment. Corporate Health and Wellness Programs in small organizations also makes sense because small firms employ the majority of working citizens.

 

Regardless of the size of a business, Corporate Health and Wellness Programs can pay. Statistically, even if there are only 100 people in a business:

 

         60 sit all day to do their work

         50 don’t wear their safety belts regularly

         50 feel they’re under moderate stress

         35 are overweight by 20 percent or more

         30 smoke

         27 have cardiovascular disease

         25 or more have high cholesterol (over 200 mg/dl)

         10 are heavy drinkers

         10 have high blood pressure

         5 have diagnosed diabetes and another 5 have undiagnosed diabetes

         7 use marijuana

         1 uses cocaine

 

Bottom Line Corporate Health and Wellness Program Benefits

 

At least one quarter of the medical care costs incurred by working adults can be attributed to modifiable health risks (e.g., diet, exercise, tobacco use, etc.) Fortunately, there is a way to hold back the trend. Growing research links an individual’s lifestyle behaviors to their health risk.

 

The good news is Corporate Health and Wellness Programs can:

 

         Decrease medical care costs

         Decrease workers’ compensation claims

         Decrease worker rates of absenteeism

         Improve worker productivity

         Improve worker morale

 

The bottom line is that Corporate Health and Wellness Programs can benefit any size business — small or large.

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