The workplace is the most cost effective setting to improve people’s health because people spend so much time at work. In terms or ROI “return on Investment” a Health and Wellness Program is shown to have the greatest yield on investment far surpassing the stock market. Invests made into a health program bring rapid returns today and well into the future of a company.
Many companies spend more on medical benefits than all other benefits combined. This makes it difficult to compete in a competive market place, and is threatening the survival of many companies.
Chronic diseases, including cancer, hypertension, diabetes, and heart disease are responsible for 75% of all medical costs. Lifestyle behaviors like tobacco use, insufficient physical activity and poor nutrition cause 75% of the chronic disease. Research has shown that well designed health programs not only improve health and reduce chronic disease; they often pay for themselves through medical care costs savings. They often produce even greater savings by reducing absenteeism and enhancing productivity.