Corporate Wellness Doesn't Just Save Money it Makes Money

The “double whammy” of skyrocketing healthcare costs and a sputtering economy—as if the cost of healthcare wasn’t a concern in the years before the recession—have put companies in an almost impossible situation. At the same time staffs are being reduced, providing healthcare for the remaining workforce demands more expense and more sharing of the load with employees, leaving everyone feeling a little sick about healthcare. To put in perspective the reality of the crisis, according to the current Towers Perrin Health Care Cost Survey, an employee’s average medical costs have increased by 7 percent over 20091. The average employee share of medical costs has increased 10 percent. According to the same report, workers’ earning have increased 37 percent since 2000, but that hardly dents the 149 percent rise in active employee health care costs during the same period[1]. Of course, most businesses are facing the same affordability gap....Read more here: Corporate Wellness Doesn't Just Save Money it Makes Money
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