Wellness Programs: Trends and Possible Benefits to Companies that Implement Them

Services:  Employee Benefits
Type:  white papers

Wellness Programs: Trends and Possible Benefits to Companies that Implement Them
Wellness programs are designed to improve the life-styles and knowledge of employees to promote healthy living. When offered with a Consumer-Driven Health Plan (CDHP), wellness programs try to balance out the incentives provided to avoid certain medical services to save up Health Reimbursement Account (HRAs) dollars. These programs have the potential to reduce healthcare expenditures even when offered without a CDHP. If effective techniques are employed, they could improve the overall level of health in the workplace that they are offered. With the ability to decrease absenteeism, increase productivity and decrease healthcare expenditures, wellness programs have the potential for a large return on investment to employers when administered productively.

 

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