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The Costs to Corporations of Poor Employee Health
You are probably already aware of the impact that employees who are not at their optimum health has on your bottom line, but a review of the data reveals some illuminating statistical evidence.
According to the Journal of Occupational and Environmental Medicine, Productivity losses related to personal and family health problems cost U.S. employers $1,685 per employee per year, or $225.8 billion annually.
Disease
According to the National Health Care Statistics, the typical American diet is responsible for most of the preventable diseases, including 91% of diabetes, 82% of heart disease, and 71% of colon cancer. How much is your company paying out in health care premiums for employees who suffer from these preventable conditions?
Stress
According to the National Institute for Occupational Safety and Health, stress-related disorders are fast becoming the most prevalent reason for worker disability, costing between $20-$30 billion annually due to worker absenteeism.
Obesity
Obesity increases workplace costs. The annual per capita increase in medical expenditures and absenteeism associated with obesity ranges from $450 to $2,500 per obese employee. The estimated cost of obesity at a firm with 1,000 employees is about $285,000 per year. Source: IDEA Fitness Journal, Jan. 2006
Obese employees were absent 14 days a year more than normal-weight employees. Also the frequency of absenteeism of more than 7 days was significantly higher. The differences in absenteeism between obese and normal-weight employees were larger for employees who did not practice sport regularly. Source: Journal of Occupational and Environmental Medicine, 2007.
Back Pain
The National Safety Council stated that in 1996, backaches alone cost industry more than $1.2 billion in production and services and $275 million in worker's compensation. Source: The American Council on Exercise, ACE Fitness Matters, January/February 2006
Smoking
Each smoker costs an employer an additional $3,856 a year in health-care costs and lost productivity. Source: Billings Gazette December 10, 2005
Nationwide smoking attributable productivity losses from 1997-2001 cost $92 billion. Source: Centers for Disease Control, June 2005
What are disease, stress, obesity, smoking and back pain costing your company in the form of absenteeism, higher medical costs, workers compensation claims, disability and presenteeism as a result of poor diet and lifestyle choices?
Not convinced yet? Want more information? Partnership for Prevention and the US Chamber of Commerce published a booklet titled “Leading by Example” that contains a wealth of statistical information and advice through over 20 articles written by CEO’s of companies we are all familiar with. To read this informative publication, please click here.
Are you ready to lower costs, increase your bottom line and have a healthier, happier work force?
By helping people make healthier choices through coaching, education and awareness, Tria corporate wellness programs will be your leading solution to combat rising healthcare costs and productivity losses.
What are some specific benefits of your wellness program?
You are probably already aware of the impact that employees who are not at their optimum health has on your bottom line, but a review of the data reveals some illuminating statistical evidence.
According to the Journal of Occupational and Environmental Medicine, Productivity losses related to personal and family health problems cost U.S. employers $1,685 per employee per year, or $225.8 billion annually.
Disease
According to the National Health Care Statistics, the typical American diet is responsible for most of the preventable diseases, including 91% of diabetes, 82% of heart disease, and 71% of colon cancer. How much is your company paying out in health care premiums for employees who suffer from these preventable conditions?
Stress
According to the National Institute for Occupational Safety and Health, stress-related disorders are fast becoming the most prevalent reason for worker disability, costing between $20-$30 billion annually due to worker absenteeism.
Obesity
Obesity increases workplace costs. The annual per capita increase in medical expenditures and absenteeism associated with obesity ranges from $450 to $2,500 per obese employee. The estimated cost of obesity at a firm with 1,000 employees is about $285,000 per year. Source: IDEA Fitness Journal, Jan. 2006
Obese employees were absent 14 days a year more than normal-weight employees. Also the frequency of absenteeism of more than 7 days was significantly higher. The differences in absenteeism between obese and normal-weight employees were larger for employees who did not practice sport regularly. Source: Journal of Occupational and Environmental Medicine, 2007.
Back Pain
The National Safety Council stated that in 1996, backaches alone cost industry more than $1.2 billion in production and services and $275 million in worker's compensation. Source: The American Council on Exercise, ACE Fitness Matters, January/February 2006
Smoking
Each smoker costs an employer an additional $3,856 a year in health-care costs and lost productivity. Source: Billings Gazette December 10, 2005
Nationwide smoking attributable productivity losses from 1997-2001 cost $92 billion. Source: Centers for Disease Control, June 2005
What are disease, stress, obesity, smoking and back pain costing your company in the form of absenteeism, higher medical costs, workers compensation claims, disability and presenteeism as a result of poor diet and lifestyle choices?
Not convinced yet? Want more information? Partnership for Prevention and the US Chamber of Commerce published a booklet titled “Leading by Example” that contains a wealth of statistical information and advice through over 20 articles written by CEO’s of companies we are all familiar with. To read this informative publication, please click here.
Are you ready to lower costs, increase your bottom line and have a healthier, happier work force?
By helping people make healthier choices through coaching, education and awareness, Tria corporate wellness programs will be your leading solution to combat rising healthcare costs and productivity losses.
What are some specific benefits of your wellness program?
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