Total Health Management: A Wise Investment for the Health of Your Workforce and Bottom Line

Workforce and Bottom Line

The article tries to prove that companies that care for the helath of their employees through cost-effectiveness , lower spending on critical healthcare better employee productivity . THM would include a comprehensive spectrum of programs including health management , safety , occupational health disability , etc . Watson Wyatt conducted a study in 2008 and found that employers who engage in THM have a 2 .4 health cost-trend benefit compared to 1 .1 who did not have any THM . The revenue generated per employee , the market value of the company and the shareholder-return was

br higher . Thus it can be said that employee heath investment can potentially improve the status of the organization . THM not only includes healthcare benefits , return-to-work schemes , disability management , life insurance , etc , but also integrated with other related programs such as worker compensation and safety reporting and monitoring . In general , anything related to health and well-being of the employee would be brought under one umbrella and integrated comprehensively . Currently , several organizations have gaps in these programs meant of the benefits of the employees . To understand the what the employees may be experiencing with the current health programs , the employers should look into whether the health status of the organization is affecting the business , whether the health programs are utilized by the employee population and whether the health policy adopted by the organization take into account the demographics , characteristics and the preferences...