The Facts

The Business of Health

Take a look at how health affects business…

  • Starbucks now spends more on health care than on coffee.
  • For Every Vehicle GM sells, $1500 (more than the cost of steal) goes toward health-care costs.
  • US companies spend $13 Billion per year on obesity related health issues
  • Obesity account for over 9% of the total cost of absenteeism in the workplace
  • Employees that smoke cost $3,000 more per year in health care premiums, absenteeism and lost productivity due to breaks.
  • Uncontrolled stress contributes to annual employee medical costs that are 46% higher than those of employees who are not stressed
  • 60% of lost work days are attributed to stress
  • A diabetic’s medical expenses are 2.4x that of a non-diabetic

“Losing weight is nice, so is lowering your cost of health insurance, but the real pay-off is helping your staff lower their cholesterol and stay healthy.” Alfred Sanchez, CEO of YMCA

Who’s Out In Front?

Like many other industries, more and more retail companies are adding Corporate Wellness Programs to their benefits package.

“Retail companies that are being proactive today will save money tomorrow.”  Susan Reda “Consider This, Human Resources.”

We firmly believe that healthy team members create a more successful business and vibrant communities.  We want all team members and their families to focus on prevention-the key to access and affordability.” Jodee Kozial, EVP of Human Resources, Target

“Companies like Target that make team member health a core business strategy, are more successful and contribute to a stronger, healthier nation.  Dr. James Nicholson Baird, Jr. CEO Alliance to Make US Healthiest

Top Retailers That Use Wellness Programs:

Target
Best Buy
Safeway
Whole Foods Market
Urban Outfitters.

A Recent Case Study:

A study conducted at Steelcase Corporation by the University of Michigan determined that for every Steelcase employee who had excessive alcohol consumption, the company paid $597 more per year in health care costs. For every Steelcase employee who was sedentary, the company paid $488 more. For every Steelcase employee who had hypertension, the company paid $327 more. Smokers cost the company $285 more, etc.

This case study identified the following increased cost per employee that engaged in the corresponding lifestyle choice:

Steelcase Study Increased Cost Per Employee

Health Risk

Employee

Excess alcohol intake

$597

Low Physical activity

$488

High blood pressure

$327

Smoking

$285

Obesity

$222

Inadequate seat belt use

$196

Elevated cholesterol

$189

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