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Corporate Wellness Program Study Shows Millions Lost Due to Illness

Corporate Wellness Program was shown to be a huge economic boon for businesses in a recently-released joint report by the World Health Organization (WHO) and the World Economic Forum (WEF). Nearly three million productive workers in labor markets worldwide add up to a lot of money. The Corporate Wellness Program study estimates that China will lose $558 billion, India $237 billion, and Russia $303 billion in national income from 2005 to 2015 due to only three chronic diseases: heart disease, stroke, and diabetes.

Lack of Corporate Wellness Program A “Huge Expense”

The U.S. Center for Disease Control also reports that chronic disease accounts for approximately 75 percent of yearly employee health care costs in the U.S., which constitutes a huge expense for businesses. And the Public Health Foundation of India estimates that its country will lose 18 million potentially productive years of life by 2030, a statistic no nation can afford, let alone a developing one.

Corporate Wellness Programs the Answer

A sustainable solution to these challenges cannot be solved by medical benefits alone. Workplace commitments to Corporate Wellness Program are also crucial. Companies are advised to implement onsite Health Screening and Biometric Testings for their workers, as well as look into a comprehensive health management program. These and other precautions are good secret weapons against the economic pitfall of unhealthy workers.