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A new study demonstrates that stick-to-it-tiveness pays big dividends when it comes to employee health. According to Medical Xpress, researchers found that employees who participated in a wellness program spent less on health care, while employers realized a return on investment (ROI) of almost $3 to $1 over three years.
To determine ROI, the study’s authors tracked the wellness program of a large financial services corporation. Analyzing participation and medical claims data for close to 50,000 employees, and factoring in the program’s implementation costs, they revealed a loss in year one with net savings in years two and three – a 2.45:1 overall ROI.
At MedBen, our clients have realized similar positive outcomes through our worksite wellness program. Our original idea was simple – detect and treat health risks and potentially chronic conditions as early as possible. And provide clear reports that show employers how the program is working.
We chose to offer a wellness program that involves your physicians and uses claims data to track progress. And employers who have put this program in place several years ago have seen measureable results – in a healthier workplace and a healthier bottom line.
To learn more about how wellness can benefit your business, we invite you to call MedBen Vice President of Sales and Marketing Brian Fargus at (888) 627-8683.