Corporate Health Promotion Programs and Health Care Costs

Corporate Health Promotion Programs are more important now than ever. According to an article in the Wall Street Journal, with the troubles in the economy it seems that the costs of organization offered health care keep continuing to grow and it doesn’t seem like it is going to change. The article notes that during the year 2008, United States companies can expect to see an increase of 10% in health care costs.

This increase in health care costs is causing some small companies to reduce their staff member health benefits or get rid of them altogether.

Corporate Health Promotion Programs for Healthier Lifestyles

Corporate Health Promotion Programs do provide an option for small companies. The corporations can provide discounted co-pays and deductibles to those workers that fully participate in the provided Corporate Health Promotion Program. Full participation means getting health screens, receiving a health risk assessment, and then working with their wellness coordinator to work towards a healthier lifestyle.

The healthier the workers, the lower the overall health care costs for the corporation. Just one lengthy hospital stay can almost deplete a small business’ health care budget.

Corporate Health Promotion Programs and Your Bottom Line

Corporate Health Promotion Programs provide many advantages to a company’s bottom-line. Corporate Health Promotion Plan Statistics from Prudential Insurance show a benefit expense of $312 per individual enrolled in a Corporate Health Promotion Plan compared to an expense of $574 per staff member that wasn’t enrolled. Coors Brewing Company showed a positive side-effect of member absenteeism dropping by 18%, thus greater production and less health care costs overall.