Wellness Saves Money

Benefit Services Incorporated Will help you design a wellness program for your company!

By offering a consumer-driven healthcare account and wellness program along with a high deductible health plan, you could drive savings like the ones you see in the sidebar!

And, these savings estimates don't include soft and hard dollars you and your employees can save due to reduced absenteeism, increased productivity, and eligibility for wellness-focused government programs. The real cost of poor employee health isn't in medical and pharmacy costs, but in loss of productivity. While medical care accounts for 25% of costs associated with employee health, a heavier price is paid by companies in loss of productivity. Indirect costs, absenteeism and presenteeism account for 75% of costs to companies due to poor employee health. According to a study by The American College of Occupational and Environmental Medicine, the top ten conditions include depression, obesity, arthritis, GERD and allergies; well-publicized conditions such as diabetes and pulmonary diseases are not among the most costly.

Your company and its employees and dependents will gain insight into adoption of wellness tools with aggregate usage and health risk/habits reports and summarized usage stats sent by email. In addition, you and your clients can use our Employee Communication Portal to post benefits information and announcements about upcoming wellness-related activities.

Health Fairs
Hold a health fair. During the fair you can pass out pamphlets promoting health and wellness. You can also have your health vendors bring in a nurse to test blood pressure.

Health Insurers
Many health insurers now have wellness programs and gym discounts to promote health. Programs like these help cut claims costs and promote a healthier lifestyle. Some programs offered by the health insurers include: • Health Fair Assistance • Health Risk Assessments • Disease Management Programs • Discount Gym Memberships • Discount on Alternative Medicines • Weight Watchers Programs • Nutrition Counselors A big part of wellness is to promote a healthy diet, exercise and annual physician visits. One of the key things you can do is provide information. That, and encouragement, goes a long way.

Benefits of Implementing Wellness Initiatives

A healthy employee is a happy employee. Not only do healthy employees function better, but employees who experience overall health contribute to the company's bottom line in many ways. By promoting your employees' health and well-being, both mentally and physically, you're helping them go a long way towards being happier in life, and in turn, happier at work. The real cost of poor employee health isn't in medical and pharmacy costs, but in loss of productivity. While medical care accounts for 25% of costs associated with employee health, a heavier price is paid by companies in loss of productivity. Indirect costs, absenteeism and presenteeism account for 75% of costs to companies due to poor employee health. According to a study by The American College of Occupational and Environmental Medicine, the top ten conditions include depression, obesity, arthritis, GERD and allergies; well publicized conditions such as diabetes and pulmonary diseases are not among the most costly.

New On-site Wellness Program

On-site Wellness creates awareness and provides health education to participants in a non-threatening atmosphere through biometric screenings, immunizations, health seminars, impact stations, on-site wellness coordinators and more. Best of all, we can customize our On-site Wellness solutions to target specific wellness objectives and conditions that meet your specific single, or multi-site location, needs.

Benefits

  • Recent studies show that worksite health promotion programs improve health knowledge,healthy behaviors and underlying health conditions.
  • Creates an awareness of one's own health status, risks and opportunities.
  • Helps increase productivity, loyalty and morale.
  • Helps decrease medical costs, presenteeism, and absenteeism.
  • Creates a visible, fun and motivating way for employees to get involved in their own health.

Benefit Services' team specializes in providing group employee benefits for businesses like yours

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Contact

Benefit Services Incorporated
36 Washington Street, Suite 80
Wellesley Hills, MA 02481
Phone: 781.237.3776
Fax: 781.235.3907
bcoughlin@benefitservicesinc.com