Wellness Programs Go Well with Health Insurance Plans

01/29/2010

Companies that add wellness programs to their health insurance plans are reportedly finding that such investments pay off in the form of more effective employees.

According to a white paper recently released at the World Economic Forum in Davos, Switzerland, Right Management said wellness initiatives help make companies more competitive and employees more productive and engaged.

The findings said that companies are four times more likely to lose talent if employees have an unfavorable view of its promotion of their wellness, while those who do see that their companies make wellness a priority are 3.5 times more likely to feel encouraged to be creative and innovative.

"Wellness in the workplace is central to an organization's survival. Companies, governments and the like will need to revisit their strategies to ensure that workplace wellness is woven into their plans, as the organizations that don't will struggle to remain competitive," said David Arkless of Manpower, Inc. in the announcement.

Wellness programs can also save companies and individuals money by helping people avoid medical problems that can add significantly to the cost of health insurance premiums further down the road.

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