Employee Wellness Program: Businesses Save Millions Through Employee Wellness Plans
Employer Health and Wellness Program Study Shows Millions Lost Due to Illness
Employer Health and Wellness Program was shown to be a huge economic boon for corporations in a recently-released joint report by the World Economic Forum (WEF) and the World Health Organization (WHO). Nearly three million productive workers in labor markets worldwide add up to a lot of money. The Employer Health and Wellness Program research study estimates that China will lose $558 billion, India $237 billion, and Russia $303 billion in national income from 2005 to 2015 due to only three chronic diseases: heart disease, stroke, and diabetes.
Lack of Employer Health and Wellness Program A “Huge Expense”
The American Center for Disease Control also reports that chronic disease accounts for approximately 75 percent of yearly employee medical care costs in the American, which constitutes a huge expense for corporations. And the Public Health Foundation of India estimates that its country will lose 18 million potentially productive years of life by 2030, a statistic no nation can afford, let alone a developing one.
Employee Wellness Plans the Answer
A sustainable solution to these challenges cannot be solved by medical benefits alone. Workplace commitments to Employer Health and Wellness Program are also crucial. Companies are advised to implement worksite Health Screenings for their workers, as well as look into a comprehensive health management program. These and other precautions are good secret weapons against the economic pitfall of unhealthy workers.