Why Have a Worksite Wellness Program?

Worksite wellness programs have become an integrated part of many companies within the past few years. Why the sudden rise? Why are they even needed? Here are some of the top reasons. Wellness Programs...

1. Decrease worker and employer health care cost. In recent years health care costs have been on a staggering rise for both worker and employer. In the year 2002, annual premiums for employer-sponsored health insurance were $3,083 for single coverage and $8,003 for family coverage ($2,137 from worker contribution and $5,866 from employer contribution). Currently in 2012, the average annual premiums for employer-sponsored health insurance are $5,615 for single coverage and $15,745 for family coverage ($4,316 from worker contribution and $11,429 from employer contribution. That is an 82% increase in premiums for single coverage and 97% increase for family coverage. This growth in premiums has outpaced increases in both workers’ wages (1.7% since 2011 and 33% since 2002) and inflation (2.3% since 2011 and 28% since 2002). 

2. Increase Productivity. Healthier employees are more productive on the job and accomplish more during the workday. Presenteeism, which is the loss of productivity while on the job associated with health and work/life factors, is reduced in workplaces that have wellness programs. Additionally, healthier employees miss less work, thus reducing absenteeism.  

3. Better Morale. When a company begins to change as a result of the worksite wellness program, there is a new energy within the company. Employees who feel cared for by their company feel a better since of loyalty to the company and are more likely to enjoy the work atmosphere.