Fostering a healthy workforce isn’t just the right thing to do. It’s good for business
Avalere Health, commissioned by the U.S. Chamber of Commerce study determined that employer-sponsored health insurance and wellness programs will yield a 47% average return on investment (ROI) to employers this year.
How will your company benefit from this service?
In layman’s terms: For every dollar an employer spends on workforce health, they get back $1.47 in financial benefits
The study predicts that the average ROI will grow to 52% by 2026, with businesses that invest more into employee health programs seeing even higher ROIs. The report defines investment into employee health to include health insurance premiums, wellness programs, direct medical expenses, administrative costs associated with processing medical claims, and other costs associated with providing health insurance.
According to Mike Triplett, President of Cigna’s U.S. commercial business “We’ve always known that there is a great benefit in supporting the health and well-being of America’s workforce, and this research from Avalere helps to quantify the ROI for fostering a culture of health,” “It also reinforces that healthy workforces are more productive, engaged, and drive better business outcomes through lower direct medical costs, increased productivity, lower
recruitment costs, and stronger retention.”
The report breaks down the key drivers of ROI as follows:
- $275.6 billion from improved productivity in 2022, increasing to $346.6 billion in 2026
- $101 billion from reductions in direct medical costs in 2022, increasing to $108 billion in 2026
- $119.2 billion from tax benefits in 2022, increasing to $139.7 billion in 2026.
A Friend in Knead, (AFIK) offers a comprehensive On-Site Wellness solution for muscles and mind, workforce and management. AFIK can schedule certified mobile massage therapists for weekly, bi-weekly or monthly visits to your hospital guaranteed to keep your nurses productive, energetic and feeling good about themselves and their careers.
Job stress is estimated to cost American companies more than $300 billion a year in health costs, absenteeism and poor performance. Even on the best days, it is necessary to ensure stress levels are maintained to ensure employees are focused and determined to achieve organizational goals. A Friend In Knead, understands the pandemic has been a monumental task, and has taken a toll! Therefore, we would be humbled to serve your staff.
Our online scheduling is simple. Your employee appreciation or corporate wellness event etc…. just a click away. You and your staff deserve to feel amazing!
A Friend In Knead offers competitive pricing and there are no hidden fees and the only additional charge may be a travel fee for depending on location and or parking fees.
We are all in this together! A good chair massage program is a great perk that leaves nurses feeling perky – it’s guaranteed to pay for itself in productivity and positive energy.
From our hearts to yours, we look forward to fulfilling your kneads
Source : newsroom.cigna.com