Employer healthcare crisis: Higher premiums, less healthy workforce
Here’s something that’s sure to keep employers up at night: As healthcare premiums continue to rise by double digits each year, employees’ overall health is declining steadily.
That’s what a Families and Work Institute study recently uncovered.
For example: Just 28% of employees said their overall health is excellent — down from the 34% who laid claim to excellent overall health six years ago.
And an even more disturbing: Almost half (49%) of employees said they hadn’t engaged in regular physical exercise in the last 30 days, with 22% of those staffers admitting they hadn’t exercised rigorously at all in the last 30 days.
To view the full study, click here.
These finding should support the need to beef up wellness initiatives in 2010 at most firms. But companies don’t need to spend a fortune. Here are four low-cost ways to promote healthier living among employees.
- Share on
Free Training & Resources
Webinars
Provided by Yooz
Further Reading
Believe it or not, more than 80% of workers like their employers’ Paid Time Off (PTO) packages. But that doesn’t stop a surpris...
Employers will see clearer control over pharmacy benefit costs and their impact on the income statement, with Finance and HR sharing more e...
Earned wage access, also known as on-demand pay, is being leveraged by your peers as a key recruitment and retention tool for workers who m...
Instant payouts are replacing traditional paychecks for millions of workers, according to a new PYMENTS Intelligence Report titled “Insta...
Some of your year-end health plan responsibilities have lifted, thanks to eleventh-hour legislation from Congress. Plan sponsors that me...
The Department of the Treasury and the Internal Revenue Service (IRS) have issued new guidance on the paid family and medical leave tax cre...
