How wellness cuts health risks and workers’ comp claims
Need more evidence that wellness is a worthwhile investment? These stats should help.
Wellness programs can cut the health risk factors of employees – factors that often lead to costly chronic conditions – by 25% or more.
And because workers with certain health risk factors are more likely to file workers’ comp claims, these programs have the added benefit of curbing comp claims.
That’s the consensus from a recent report by Pinnacol Assurance, which analyzed data from 31,000 people over a five-year period.
From smoking to stress relief
Participants in the study took part in a health-risk management program and had access to resources like telephone coaching, tobacco-cessation aid and other online help.
The study found that participants in the study cut or reduced:
- smoking rates by 35%
- cancer risks by 25%
- depression risks by 25%, and
- stress risks by 23%.
Free Training & Resources
White Papers
Provided by Anaplan
Further Reading
Instant payouts are replacing traditional paychecks for millions of workers, according to a new PYMENTS Intelligence Report titled “Insta...
If your company’s employees are like most, they’d score a big fat F on a financial literacy test. Every year, the Teachers ...
CFOs are wearing more hats than ever and their list of responsibilities is growing, particularly those steering the ship for publicly trade...
The 1,000-ton elephant squeezing everyone out of the room is now front and center in the minds of business owners and finance executives. T...
The higher overtime salary threshold that kicks in on July 1 will affect a million-plus salaried exempt employees. And it’s good news...
A new proposed rule from the Department of Labor’s Employee Benefits Security Administration outlines how 401(k) fiduciaries must assess ...