Tuesday 22 September 2009

Worksite Wellness Paying Off

A column in BizTimes.com says worksite wellness programs "are showing a significant return on investment among companies across the U.S." Well City Milwaukee's Janet McMahon specifically cites the following programs:

  • Johnson & Johnson's Healthy People program, which saves an estimated $9 to $10 million per year from reduced medical utilization and lower administrative expenses.
  • Citibank's comprehensive health management program, which demonstrates for every dollar invested in programming activities, $4.56 to $4.73 was saved in reduced health care costs.
  • Union Pacific Railroad's medical self-care program, which shows a cost savings of $2.78 for every dollar invested by reducing inappropriate emergency room and outpatient visits.
  • Robert W. Baird & Co. Inc. in Millwauke, which launched its wellness program in 2006. In the past three years, Baird's health care cost trend has decreased from 13 percent per year to 7 percent per year, and it is expected to be lower in 2010 as well. In addition, preventable health risks, which are closely associated with health care costs, have decreased for Baird employees.

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