Wellness Program ROI Depends on Design and Implementation

Wellness Program ROI Depends on Design and Implementation

Posted on July 26, 2013
Workplace Wellness Programs
Wellness programs are wide-ranging and diverse, and a properly designed program can have a substantial positive impact on an organization’s employee health and its finances.(Click to see the graphic sidebar Wellness Programs in Brief.)

Several meta-studies show that organizations with effective approaches to wellness have programs with a substantial ROI that typically grows over time. A Harvard University study of 100 peer-reviewed journal articles, Workplace Wellness Programs Can Generate Savings, found that a properly designed wellness program can expect to yield an ROI of 3.27:1 on health care cost reductions and another 2.73:1 on absence and related costs after about three years. (To calculate ROI, the amount saved as a result of a program (e.g., lower health care spending) is divided by the dollars spent on the program. The result is expressed as a ratio, with an ROI of 2.50:1 indicating a return of $2.50 for every $1 invested.)

Click here to view the full article