Employees have long been accustomed to relying on their employers for providing their health care coverage and their retirement plans. As individuals are forced to assume more of the responsibility for paying for their present and saving for future health care costs, many will look for ways to cut medical expenses. One of the most obvious ways to control health care costs is through prevention. Employer-sponsored wellness programs have become more prevalent in recent years as a means of helping employees improve their health. Well-designed comprehensive wellness programs not only benefit employees who adopt healthier lifestyles and reduce their medical costs as a result, but also benefit employers who, as a result of a healthier employee population, experience higher productivity, reduced medical premiums, and less absenteeism and presenteeism.
Although most wellness programs are certainly geared to helping employees eat better and exercise more, a small but growing number of wellness programs and employee assistance programs (EAPs) are helping individuals with another issue: financial wellness. Research has shown that financial stress can significantly impact physical and emotional health. In a recent study on the negative effects of financial stress on health, 82.5 percent of respondents indicated that financial stress was affecting their health, with conditions ranging from depression and headaches to high blood pressure and digestive disorders. During tough economic times like these, the impact is likely to get even worse. But as financial health is closely tied to physical and mental health, addressing both the financial and physical wellness of employees with an integrated program that incorporates both elements can lead to even more successful outcomes to the overall health of employees.
We can help you find the right wellness program vendor to meet your needs, develop strategies to actively engage your employees, and measure the success of your program. Our available wellness program resources include:
- Employee Assistance Programs (EAPs)
- Health Risk Assessments
- Health/Lifestyle Coaching (onsite or web and telephone based)
- Smoking Cessation
- Weight Management
- Disease Management
- Financial Counseling