Wellness Programs: The Answer to Rising Health Care Costs
Health insurance rates are skyrocketing in various parts of our nation, and some places won’t even be able to find coverage due to the lack of insurers in the ACA exchange. Health care has become a trending and controversial topic, and consumers are starting to worry about being able to obtain coverage for the next year. It also doesn’t help that the ACA is pressuring everyone to acquire health insurance due to its monetary penalties.
Well, due to increased health care expenses, business owners are starting to reduce their benefits plan or even get rid of it altogether just to save money. Then, it creates a conflict of interest between the employee and employer because employee benefits is a major component in acquiring and retaining top talent.
But what if I told you there was a way for the employer to save money and support employee wellness?
No, it’s not too good to be true, it’s called workplace wellness programs. Business owners can utilize wellness programs to better invest their money on the growth of their firm.
You know the saying “you are what you eat”? Well, the statement is pretty accurate. If you constantly eat processed, unhealthy meals, then you’ll end up feeling sluggish and unmotivated. Meanwhile, if you consistently eat healthy, high-nutrient foods it’ll have a lot more positive effects on your body.
Unfortunately, people are uneducated when it comes to proper diet and exercise. That’s where your workplace wellness program can come in. With proper guidance, these wellness programs can improve the health and mood of your employees and save your company money.
How? Well, if you have healthier employees, you can expect less illnesses and paid sick days. That means, your employees will be using less of your employer-sponsored health insurance plans, so you won’t have to worry about costly medical bills.
Furthermore, a healthier body means better emotions. Your employees will feel more active as they become healthier, which means their productivity at the workplace will increase. Not only that, it also means your employees will more likely be happier at work, which can create a better workplace culture since most employees won’t feel so stressed out.
Lastly, your business will be saving money because of the lack of paid sick leaves in the workplace. A healthy employee will be less likely to get ill, so he’ll be using less PTOs and working more often.
There are so many other perks to workplace wellness programs that will improve the various aspects of your business. But in terms of just saving money on health care costs and keeping your employees’ health a priority, workplace wellness programs are an investment that businesses everywhere are starting to utilize.
Investing in a healthier workforce will have major benefits to the overall growth of your business. No need to choose between employee benefits and saving money. Now you’re able to do both with a proper workplace wellness program in place.