Corporate Wellness Programs, Why do businesses choose to invest in corporate wellness programs

May 29, 2009 - PRLog -- Why do businesses choose to invest in corporate wellness programs?

Do companies believe that wellness programs are an attractive employee benefit?  Do businesses think that Corporate Wellness Programs reduce absenteeism, increase productivity, and otherwise improve employee health?  Or, is there another deeper, underlying reason why companies are continuing to invest in corporate wellness programs, despite increasing difficult economic times and massive employee layoffs?
While improving employee health is of course a major concern for all businesses around the globe, perhaps the greatest motivator for companies large and small to invest in employee wellness programs is to decrease corporate health care expenses.

There are many ways that wellness companies are attempting to measure and monitor the financial efficacy of Employee wellness programs.  Some of these tactics include:

•   Comparing corporate data to national averages
•   Using ROI calculators to predict what savings should be
•   Showing soft data such as participation levels and aggregate survey trends

While these methods are industry standard and may have considerable research behind them, often times customers are left asking the questions: "So did we actually save money?" and if so "Where is it?"

In the medical field, doctors have always focused on proper diagnosis and measurable results.  Doctors then bill patients for specific procedures and treatments based off of the diagnosis. This is the same approach that must be taken for all employee populations when it comes to corporate wellness and health risk management.  
Wellness companies should first look at the actual medical claims data including ICD-9 and CPT-4 codes in order to properly diagnose an employee population and then seek to implement specific programs and interventions that in turn change the population's health status and reduce the total medical claims expenditure.
This philosophy has led us to hold our company, Kersh Risk Management, to a new standard of practicing corporate wellness.  You cannot change what you cannot monitor.  And you cannot monitor what you do not measure.
We would like to invite your company to allow us to medically review the claims history of your organization such as ICD-9, CPT-4, Pharmaceutical codes, and any other medical claims data in order to recommend a program that will improve the health status of your employees, decrease the health risk of your population, and thus bring a return on investment of anywhere between 3-to-1 and 8-to-1 off of every dollars spent on corporate wellness.

We are proud to announce that this last year we saved several of our self-insured clients between $1 Million and $2.5 Million off of their medical claims.  Even more surprising is that this money was actually available in self-insured medical funding accounts and could be applied to the bottom line of our clients' balance sheets as profit.  We believe that these kinds of results are possible for any company that seeks to take employee health seriously and implement a measurable, diagnosis-based wellness program.

Kersh Wellness is a premiere Corporate Wellness programs provider in the United States and Canada. If you or your company is interested in finding more about reducing health insurance costs through employee wellness programs, please call 1-800-467-3005 or visit our website http://www.kershwellness.com

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Kersh Wellness is a premiere Corporate Wellness programs provider in the United States and Canada. If you or your company is interested in finding more about reducing health insurance costs through employee wellness programs, please call 1-800-467-3005 or visit our website http://www.kershwellness.com