There’s some debate about whether wellness programs can effectively reduce healthcare costs. These 3 studies from the CDC, RAND and HBR demonstrate the effectiveness and ROI of workplace wellness.
In the last few years, there’s been debate over whether wellness companies and their workplace health and wellness programs reduce company healthcare costs. While some recent studies appear to suggest that workplace wellness programs fail to provide an ROI for employers, critics argue that the studies were focused on targeting more traditional, broad-based programs that lack the degree of intensity, duration, sophistication, and focus of more advanced workplace wellness programs.
Below, we’ll go over 3 examples of reputable studies that show how wellness programs DO, in fact, reduce healthcare costs and explore the key takeaways for wellness providers and employers.
1. CDC Study: Unhealthy Behaviors and Healthcare Cost
2. RAND Study: Disease Management and Healthcare Costs
3. HBR Study: Health-Coaching and Healthcare Costs
Despite skepticism over the benefits of their programs to companies and their employees, it’s impossible to deny that health and wellness programs really do have many benefits, both financial and otherwise. Wellness companies can learn from the above 3 studies and leverage the lessons from these findings to improve their programs and educate existing and potential clients on these benefits.
If you’re interested in learning more about how we can help you implement effective wellness programs (and that will give you a positive ROI and reduce healthcare costs for your clients, contact CoreHealth now!