Health and wellness benefits (like gym memberships or low-cost access to weight loss programs) are more than a way for employers to keep their employees happy, they can also help to reduce costs in the long run. Healthy employees take fewer sick days, which in turn increases efficiency. Also, health and wellness are two of many factors that lead to satisfied and therefore motivated employees that are less likely to seek out new employment, ultimately reducing retraining costs. Here is a useful online tool to calculate the ROI for Health Care Costs, since these returns are often more ambiguous than with other investments.
Non-profits, small business owners, and local hospitals in locales such as Galveston, Tex., Duluth, Minn. and Pueblo, Col. have begun collaborating to offer medical services at reduced rates with “3-share” plans. Read the full article in the Wall Street Journal.
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