The cost of healthcare insurance has been rapidly rising in the United States. Some employers have been forced to lay off workers because the costs of medical insurance have been straining a company’s budget. After all, an employer pays for a significant amount of the health insurance premiums associated with company employees. Fortunately, there are solutions for minimizing the high costs of insurance in the workplace market.
Trying to consider incentive programs for weight loss is an example of reducing health insurance costs. A company can reward its workers for getting healthy. One way to get healthy is to join a fitness club or gym. It’s a proven fact that regular exercise can dramatically reduce the risks of developing major cardiovascular conditions and other health problems. Therefore, employers are better off paying for the annual gym memberships of workers rather than paying for monthly insurance premiums. The bottom line is that healthy individuals simply have to pay less for health insurance.
Employees can provide direct rewards for workers that lose weight and stay in shape. For example, kiosks can be installed at the office to monitor the progress of employees. Official recordings of weight and heart rate are used to determine the costs of health insurance premiums that are shared between employers and workers. It’s no secret that insurance companies will realize that healthy workers are less likely to suffer from conditions that require costly treatments.
Another incentive for weight loss and fitness in the workplace includes cash rewards or gift cards. For example, a worker than has lost weight and maintains a healthy weight can receive monthly gift cards to various stores and restaurants. It would be appropriate to give out gift card rewards to pharmacies and health stores rather than fast food restaurants.
Employers that want to cut down on health insurance costs can also provide free seminars for workers. For example, classes on nutrition can be very helpful with establishing healthy diets for overweight employees. It makes sense for a company to spend some money on professional health seminars with the hope of reducing the long term costs of medical insurance premiums. Sometimes, professional dietitians can provide onsite seminars in an office conference room. Additional incentives for better health in the workplace may include encouraging workers to use the stairs instead of elevators. In fact, workers that use stairs daily can be rewarded for their healthy habits.