Medical insurance costs are the fastest growing expense for employers. Over 75% of healthcare costs are attributed to chronic and preventable diseases. Studies consistently show that lost-productivity and lost-time costs for employees are far greater than medical and pharmacy costs, averaging 3 times as much. Shifting the health management strategy from an illness and disease management model to a productivity model is grounded by a wealth of research that demonstrates the efficacy of worksite health promotions.
Over the past few years, much attention has been given to implementing corporate health improvement and wellness programs in order to reduce medical costs and improve employee health, productivity and satisfaction. However, most of these programs are aimed towards disease management, are fragmented and narrowly focused, and do not look at the person as a whole being, and therefore offers limited value and participation rate.