The American healthcare model has broken down into a tangled, complicated system with soaring costs, long wait times, and complexities that are nearly impossible for employers, consumers, and health providers to navigate.
However, some healthcare companies are working hard to flip that model and make healthy, happy employees the No. 1 priority. They are setting up multiple benefits to follow, including healthy outcomes, decreased costs, and increased productivity.
Luckily, leading employers are playing a huge part in the transformation. The enterprise wellness industry is growing at nearly double the rate of the overall economy, according to an IBIS World Industry Report on corporate wellness services in the United States.
More than 40 companies on Fortune’s 2016 list of the “100 Best Companies to Work For” offer an onsite clinic to control the rising cost of healthcare. These firms include USAA, Goldman Sachs, CustomInk, and Capital One Financial. But onsite clinics are not just for the Fortune 100, as local startups with a few hundred employees to major school systems and municipalities with several thousand employees can all benefit from this model.
The growth of enterprise wellness
With more uncertainty in the industry now than ever before, enterprise wellness is still a growing trend. According to a 2015 Towers Watson survey, two-thirds of large employers with onsite health facilities say they’re planning to expand them, further validating the idea that the clinics are truly reducing costs for companies and providing exceptional care for the employees that use them. Here are four reasons companies offer onsite healthcare:
- Convenience. The idea behind these clinics is to provide easy access and immediate attention, at little or no cost, for a host of health services employees would normally have to leave work to receive.
- Affordability. A 2013 study by the U.S. Chamber of Commerce shows that this type of well-designed, convenient health program can have a return on investment of $1.50 to $3 per dollar spent over a two- to nine-year timeframe.
- Increased productivity. Implementing an onsite or near-site clinic has a return on employee productivity simply because a healthy workforce is more productive.
- Empowered health decisions. By providing workplace clinics, organizations empower employees to make active, informed choices in their healthcare and lifestyle. Employers also can choose to support dependents on their specific healthcare insurance plan.
Launching a close-to-work clinic gives everyone, from the CEO on down, the opportunity to be healthy while also being productive and empowered. It shows that an organization is willing to move toward a new global business culture where companies put employee health and benefits first.
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