Original content from United Benefit Advisors (UBA)
A summer 2013 survey of approximately 1,300 businesses and 10,000 employees found a strong link between the wellness and vitality of an organization and the health and wellness of its employees — resulting in employees’ increased job morale, satisfaction, commitment and performance.
Of the 1,300 businesses surveyed, 80 percent offer health and wellness benefits. Among that group, 47 percent have extended those health and wellness benefits to spouses of employees as broadening programs beyond the four walls of the corporation is becoming a fast-growing trend of the wellness culture. Employees are responding positively to this new trend: 77 percent claimed that health and wellness programs positively impact the culture at work.
“Creating a culture-first mentality is a critical step for employers when it comes to building a highly engaged workforce,” said Chris Boyce, CEO of Virgin HealthMiles. “The trends outlined within this survey mirror what we’re seeing in the market: employees become much more motivated and productive when they know that their employer cares about their total quality of life, which goes beyond traditional wellness and includes physical, emotional, financial and social health.”
“The foundation of health insurance has always been wrong,” said UBA CEO Thom Mangan. “We have treated health insurance as a way to care for a person once they are sick. Employers and their covered employees have to turn the system upside down and design their health plans to keep people healthy in order for health insurance trends to bend in the reverse direction. Workers Compensation and Safety Management is engrained in the culture of nearly every major corporation; most manufacturers employ Safety Engineers and have a corporate culture that celebrates their lack of claims resulting in negative Workers Compensation Premium Inflation. Until this happens in the Health Insurance field, Medical Insurance Inflation will continue to outstrip wages by multiples of 3 to 5 times every year.”