We recently teamed up with EmblemHealth – a NY-based health insurance company – to offer physical therapy services to employees in their downtown Manhattan location.
So what is Corporate Wellness?
Corporate Wellness is any program or activity to promote healthy behavior in the workplace and to improve health outcomes for employees. Corporate Wellness programs are designed to nurture wellness in workers, regardless of the work environment.
Why is Corporate Wellness beneficial?
Corporate Wellness is among the most vital investments that a company can make. Businesses are striving to control costs to stay financially viable which is difficult to do when medical costs continue to skyrocket. Zoe Consulting recently analyzed a sample of 2.5 years of medical claims data from a mix of over 300 employer groups connected to Interactive Health Solutions [IHS]. According to the findings, employer groups that used a corporate wellness program had a 54% lower medical trend during the 2.5-year timeframe compared to employer groups that did not. In addition, employers who used the IHS program and a disease management program had a 65% lower medical trend during the same timeframe compared to those who did not.
A healthier workforce means lower healthcare costs, improved work quality, a reduced number of sick days and less presenteeism, lower long-term healthcare workers’ compensation costs, and lower recruiting and retention costs. Research supports the idea that if healthcare is made easy and accessible through a wellness program, individuals are more likely to participate. Employers who provide onsite wellness initiatives are facilitating earlier detection of serious medical situations, allowing better management of critical diseases such as coronary heart disease and diabetes.
Employers that start Corporate Wellness programs aren’t only investing in the physical wellness, safety, and mental health of their employees – they’re also taking powerful preventive measures by creating a healthier environment for the entire organization. Health promotion is defined as “the process of enabling people to increase control over, and to improve, their health”. Other examples of corporate health promotion include health fairs, health education, medical screenings, wellness newsletters, onsite fitness programs, and/or facilities and educational programs.
We are proud that EmblemHealth has expanded their corporate wellness initiative by partnering with Sports PT. Here’s to a happy, healthy, and more productive workplace!