Since UeQuest
designs and delivers customized wellness programs, we’ll be able to
tell you what you can expect as far as return on investment once we
know your goals and have in hand your employees’ Health Risk
Assessments.
However, we can
give you some numbers to benchmark against.
UeQuest designs
programs to be sustained through at least a three-year time period.
We’ll be tracking results every step of the way so you know you’re
on track to meet your targets. Typically, you’ll be able to see
significant, measurable results between 24 and 36 months into the
program.
Here are the
results of some studies that examined ROI for wellness programs:
An American Journal
of Health Promotion meta-analysis calculated an average of $3.48 in
health care savings and $5.82 savings on absenteeism for every $1.00
spent on workplace health promotion.
Self-Directed Wellness as a Talent
Management Tool, Carla Mills, Talent Management, 2008
From a review of
73 published studies of worksite health promotion programs38
From a
meta-review of 56 published studies of worksite health promotion
programs39
-
Average 27
percent reduction in sick leave absenteeism
-
Average 26
percent reduction in health costs
-
Average 32
percent reduction in workers’ compensation and disability
management claims costs
-
Average
$5.81-to-$1 savings-to-cost ratio
Leading by
Example, Partnership for Prevention, 2005
MetLife's 6th annual Study of Employee Benefits Trends found that
nearly all companies (94 percent) indicate that wellness programs
are an effective way for them to reduce their medical costs -- these
programs may help to improve the overall health of the workforce and
could reduce medical care costs for employers. Wellness programs
also impact the number of disability absences that employers
experience.
Bill Mullaney, President, Institutional Business, MetLife
In order to gain the involvement of CEOs and CFOs upfront, wellness
program planners, coordinators, and champions need to know the
likelihood that their program will have a bottom-line return on
investment—that is, that it will return dollars to the company in
the form of lower health insurance premiums and claims.
And it’s vital to have the involvement of a company’s top
leadership. Because...
