Working Towards Wellness: PWC Report

Working Towards Wellness: Accelerating the prevention of chronic disease

Employers Step in with Wellness Programs

The report states that the lack of healthy employees – signaled by disability, absenteeism and presenteeism costs more than direct medical claim costs.  That is a  HUGE claim and a huge number.  I will have to look into this further.  If true – than wellness is a no-brainer.

“There are quantifiable benefits from using wellness programs to attract and retain talented, healthy employees,” said Simon Leary, a PwC partner and Health Research Institute leader for United Kingdom/Europe. “You can improve the health and well-being of your workers while also bolstering your bottom line. The economic case for prevention is overwhelming.”

————————————————————-
The economic case for prevention
is overwhelming.

————————————————————-

In their research, PwC and the National Business Group on Health, found that:

    • More than half of multinational corporations surveyed expect to introduce or expand corporate wellness programs over the next five years.

    • One third (33 percent) are rolling out comprehensives wellness programs in multiple countries, while another 17 percent are rolling out a single wellness program in multiple countries.

The leading reasons cited for promoting wellness were (in order of importance):

    • Reducing indirect costs associated with absenteeism, presenteeism, disability and workers’ compensation.

    • Improving work performance, such as productivity and quality.

    • Reducing direct health care costs

    • Improving the image of the company internally (for retention purposes).

    • Improving the image of the company externally (for recruitment purposes).

This is already a big issue and trend – and I know that execution requires a comprehensive, flexible, personalized technology infrastructure for communication, disease management and transactions.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: