Workplace Wellness: Do Health Programs and Benefits Save Money?
Studies have shown that employer-based wellness programs encourage healthy employee habits and reduce healthcare costs over time.
Healthy employees are happy and productive employees – but do corporate wellness programs really make a difference when it comes to the bottom line? These voluntary programs are often offered in place of or in conjunction with conventional health insurance coverage, offering financial incentives and other benefits to encourage participation. For example, some employers offer voluntarily health screenings and provide access to all sorts of health-boosting perks, from reduced-cost vaccinations to gym membership discounts. Studies by the Department of Labor and Fidelity have shown that wellness programs in the workplace lead to a reduction in health care costs and can reduce rates of costly illnesses and disease.