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The Costs Of Health, not high enough?

Dec 26th 2013 at 2:17 AM

COSTS OF HEALTHIn the media, continually hear that the costs of health care are out of control. In part I agree with that appraisal, but could be changing my opinion based on some results that were released. According to the most recent Health Plan Survey, less than 20% of all employers have a Employee Wellness Program in place. What I found so interesting is that employers wellness programs have shown time and again to save on health care costs, spin off and a positive rate of return.

Based on this, you have to ask yourself - Healthcare costs are high enough? They could not be, since they have not caused employers to find more ways to save on your medical expenses. In fact, this number is 20% likely that an exaggerated number, as some companies think they have a wellness program in place due to send letters to employees telling them they can get sick from eating fast food 5 days a week (not exactly what I call a TRUE Wellness Program).

As a company, we recommend seeing this as good news, because it probably means that your competition is just sitting back and doing nothing. A well-integrated Corporate Wellness program can make a big difference in your overall corporate culture, and a positive spin off from year 1 ROI. The trick is knowing what works and does not waste much time thinking it all by trial and error (which allows your competition to catch up). If you know what works, this will happen fast for you, and the results will get better and better every year.

Therefore, many companies miss this - you try to start a wellness program without the knowledge of the fundamental principles of what works, and 2 years on it, determine its agenda is not going anywhere. The end result is that your wellness program only serves as a common joke among employees. You do not have to be this way for your company. Educate yourself and learn what you need to know to implement your plan and see what happens! By the way, I'm speaking from experience, not only with clients but also with my own employees. Full integration Wellness Program can even change your company culture, a positive impact that goes far beyond savings in health care costs.

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