The Value of Your Investment
The bottom line – Wellness delivers value!
If there is a bright spot in these difficult times, it may be that you are being challenged to carefully consider every investment. You are also being challenged to more accurately measure impact, and that has added momentum to measuring the total value of investment, or VOI. Value of investment for wellness includes not only financial indicators, but also:
- Preventive screenings outcomes
- Clinical results and values
- Productivity levels such as absenteeism, short-term and long-term disability claims, workers’ comp, turnover rates, and presenteeism
- Health-risk changes
The two metrics that will indicate early success are engagement rates and risk reduction. It is important that a large percentage of all eligible employees, including those at both low and high risk, participant in activities that product health improvement. It is that engagement that helps those at low risk maintain their healthy status, while moving those at moderate and high risk to lower risk levels. Research and experience clearly shows that individuals with more risk factors incur much higher health care costs than those with fewer and less severe risks.
Today, more then ever, is a great time to implement a successful wellness solution. Start measuring the total value of your wellness investment today by implementing the Principal Wellness Solution!
