Do you work for an employer looking to minimize preventable chronic health costs? It turns out, there is a good reason to do so because about 70-90% of health care expenses are preventable.1 In 2017 a House of Commons report stated it is estimated that chronic diseases and other illnesses cost the Canadian economy $190 billion annually, with $122 billion in indirect income and productivity losses, and $68 billion in direct health care costs.2 Many of these costs arise because people make unhealthy choices and take unnecessary risks with their health.
This means that promoting healthier behaviours and addressing mental health issues by investing in wellness programs can really pay off. In fact, many employers can expect a $1-3 return on investment for preventive services and health promotion.3
We all know that wellness and changing our behaviour is up to each of us.
Employers have the chance to help our colleagues (their employees) see the importance of adopting behaviours and activities, such as Transcendental Meditation® (TM) so that they can live healthier lives.
Any wellness strategy must recognize that everyone’s path is unique and must start with treating a person holistically, mentally, spiritually, emotionally and physically. Products, programs and services that are varied and personalized often incentivize employees to improve their health—and productivity.
Employees don’t generally like to be monitored. Any workplace wellness must address concerns associated with privacy.
Employers should ask all partners to only provide them with health claim and assessment information in aggregate form so that everyone feels comfortable using the programs you offer.
Please contact us to learn more about offering TM at your work.
- Health Care Statistics, www.PreventDisease.com, 2006.
- Chronic Disease Prevention Alliance of Canada: 2018 pre-budget submission to the House of Commons Standing Committee on Finance, August 4, 2017
- Healthcare Cost Trends for 2008, PricewaterhouseCoopers, 2008.