Employee Health & Wellness
According to the U.S. Department of Labor, on average health benefits represent 7.6% of an employee compensation. The average cost per employee for healthcare and all related costs is currently over $10,000. With rising healthcare costs, this cost is not likely to decrease, hence employers are taking action and implementing wellness incentives to reward employees for healthy living.
A wellness program conducted year-round with proper management will on average save a company $3 for every $1 spent! Savings are recognized by:
- Lowering insurance costs
- Reducing time off for illnesses
- Reducing workers’ compensation claims
- Lowering disability costs
- Increasing productivity
- Improving retention rates
Key Statistics
- 70% of illnesses that result in time off are preventable
- Obesity health service costs are 36% higher than those of fit individuals
- Two thirds of Americans are considered overweight or obese
- Workplace stress results in over $200 billion each year in loss of productivity & absenteeism
- High blood pressure & cholesterol account for 25% of total medical costs
- Smokers visit healthcare professionals up to six times more than non-smokers
Our Solutions
To recognize and reward employees with healthy habits, we provide a cost-effective solution in the form of a company-branded prepaid Visa®, or MasterCard® Rewards Cards that can be redeemed in a variety of health and fitness centers. These cards will provide an incentive to employees to take actions or participate in programs that lead to a healthier lifestyle.
Basic Training
Simple action items that nearly any size company can incorporate:
- Weight loss contests
- Free flu shots
- Smoke free policy
- Smoking cessation program
- Company sponsored sports activities
- Walking programs
Extreme Fitness
Coordinated efforts & investments ideas for larger organizations:
- Gym memberships
- Onsite blood pressure & cholesterol testing
- Health Risk & Wellness Assessments
- Easy access to healthier foods
- Onsite Yoga or aerobics classes
- Access to personal trainers or mentors