Monday, May 10, 2010

Corporations save big

Studies of big corporations that have been involved in in-depth health promotion and disease prevention programs for several years show big monetary returns on their investments.
A study published in the American Journal of Health Promotion in 1999 showed that the $1.9 million that Citibank spent on a health management program resulted in $7 million savings in reduced medical costs and absenteeism.
Two studies of the first long-term health and wellness program at Johnson & Johnson, covering the years 1990-99, showed $225 overall savings per employee per year since 1995. The articles were printed in the Journal of Occupational and Environmental Medicine in January and May of 2002.
Coors Brewing Co., a pioneer in workplace wellness programs, had a return of $6.15 per $1 invested over six years, according to a study by health care specialist Zoezi Inc. That same study showed Steelcase had a return of $5.80 for every $1 spent over five years, Equitable Life Assurance $5.52 over its first year, and Travelers Corp., $3.40, over its first year. Read more:

Fitcorp is a national leader in the delivery of corporate fitness services. By taking advantage of the Fitcorp Benefit, your company can become healthier and more productive and ultimately reduce your corporate health care costs. To learn how Fitcorp can help you meet your corporate fitness goals, please contact Mike Parent, 617-375-5600 x.114

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