Americans are bombarded day in and day out with news about the dismal economy. Very few industries remain unaffected and it is hard to imagine that anyone does not have the recession on their mind. Most analysts believe that we will not begin to see a recovery until at least 2010. With economic troubles ahead, many small businesses are focused on how to cut their expenses in an effort to maintain their bottom line. For most small businesses, one of their chief expenses is health insurance and we have designed a program that will allow companies to take steps to reduce their costs over the next few years.
Employee wellness has become a part of large businesses culture over the last ten years. Unlike most small businesses, many larger employers self-insure so the health of their employees is directly related to their bottom line. Since small businesses generally insure through large carriers, they do not have direct control over their insurance premiums, but the same principles that large businesses apply to employee wellness can help small businesses reign in their healthcare spending.
Our plan is to provide our customers with a turnkey wellness program designed around the federal government’s suggestion that Americans should get 30 minutes of cardiovascular exercise five times a week to maintain a healthy lifestyle and have each group provide a small incentive to their employees to encourage participation in the program. The benefits will not be immediate, but we believe that over a three year period our customers will see savings on their total healthcare costs, increased workforce productivity, a reduction in sick days, and lower employee turn-over. Our program will be offered free of charge for each of our clients as a value-added service.
Source
http://www.washingtonpost.com/wp-dyn/content/story/2008/10/13/ST2008101300741.html
Wednesday, December 17, 2008
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