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Johnson & Johnson’s Health and Wellness program has produced average annual healthcare savings of $224.66 per employee.
(Source: National Athletic Trainers Assn.)
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Discovery Communications in Silver Springs, MD, states that investing in employee fitness can have immediate returns. The company started a Body Challenge in 2004. 800 out of 6000 employees participated and lost a collective 4600 pounds. The company’s wellness program consists of health and nutrition classes, weight-loss groups, and the 8-week Body Challenge.
(Source: Newsweek, 6/26/06)
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Daimler Chrysler Company’s weight-loss initiative resulted in savings of $1.2 million, or $5 to $16 per participant each month, depending on individual risk factors.
(Source: Washington Business Group on Health)
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Connecticut –based Northeast Utilities saved about $1.1 million with its wellness program. The return on investment was calculated at $1.60 for every $1 spent.
(Source: Denver Post)
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The American Journal of Health Promotion published a study in 1999 that showed that Citibank spent $1.9 million on health management which resulted in a $7 million savings in reduced medical costs and absenteeism.
(Source: Pittsburgh Post-Gazette)
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Coors Brewing Co., 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.
(Source: Pittsburgh Post-Gazette)
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