Corporate Wellness Program Study Shows Millions Lost Due to Illness

Corporate Wellness Program was shown to be a huge economic boon for corporations in a recently-released joint report by the World Health Organization (WHO) and the World Economic Forum (WEF). Nearly three million productive staff members 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 American Center for Disease Control also reports that chronic disease accounts for approximately 75 percent of yearly worker healthcare costs in the American, which constitutes a huge expense for corporations. 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 on-site Health Screening and Biometric Testings for their staff members, as well as look into a comprehensive health management program. These and other precautions are good secret weapons against the economic pitfall of unhealthy staff members.