Top 10 Scary Health Cost Stats that Employers Must Know for 2017

Posted by Abena Osei-Kwabena on February 7, 2017

 From insurance coverage to increasing the productivity, good health of employees gives good returns to you in the long run. In order to get a high ROI here are the top 10 health cost stats that every employer must know in 2017...  

 

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Topics: Health cost, medication, smoking, transplantation, health insurance, hospitals, stats, biologic, drug

Get the Most from Your Corporate HRA Programs

Posted by Hilary Turk on January 24, 2017

If you need to maximise the ROI from your corporate healthcare program, then it’s wise to adopt a step by step approach. Before anything else, an extensive and complete Health Risk Appraisal/ Assessment of your organization is an absolute must for any such program to be successful.

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Topics: Health cost, roi, Tips, benefits, analytics, workplace

Understanding the Numbers Game - The Real ROI Story for Engagement and Wellness Programs

Posted by Jane Wang on September 13, 2016

Unhealthy and disengaged employees are costing North American businesses a whopping $1,100,000,000 per year. Smart organizations are looking to wellness and engagement programs to change their costs, with the average corporate wellness program averaging at $700 per year. But the average participation rates for these programs are below 30%: many organization have little to no tracking of metrics or ROI. This often has people questioning whether wellness programs actually deliver returns, but the real question you should be asking is what type of wellness programs can reduce claims and lower insurance premiums.

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Topics: Health cost, Wellness trends, roi, Employee Engagement, Best Practice

The Trillion Dollar Price Tag on an Unhealthy Workplace

Posted by Jane Wang on August 1, 2016

If serious health risks caused by stress, poor diet and lack of exercise aren’t enough to make a case for the dangers of an unhealthy work environment, how about 1.1 trillion dollars?  

According to the Milken Institute, studies show that unhealthy workers cost North American employers approximately that much in lost productivity every year.  Sure, a job well done often requires sacrifice - extra hours, sometimes skipping meals, rearranging the exercise routine – but at what point does that sacrifice become counterproductive?

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Topics: Health cost, Wellness trends

Unlocking the Hidden Values of HR

Posted by Emily Guterres on May 19, 2016

TIME STAMP: 3 MINUTE READ

You may have heard it before, “ HR is a cost center.” “What does your HR department do exactly?” At most times, the questions about HR’s value are not asked politely.

In 2016, engaged productive employees are the biggest investment and reap the greatest rewards. CEO’s are increasingly investing in health and wellness programs because it may be the single, most powerful enhancer of employee engagement. When business leaders recognize the remarkable benefits of a healthy workplace to the organization, they are more likely to commit the time and resources to support and implement the program.

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Topics: Health cost, Wellness trends, roi, HR, benefits