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Wellness programs: a remedy for reducing healthcare costs
Mehmet C Kocakulah1, Holly Joseforsky
1Department of Accounting and Business Law, School of Business of the University of Southern Indiana, USA.
Abstract:
Offering wellness programs has become a popular method for preserving the health of employees in the hope of generating lower healthcare expenses and, in turn, higher profits. This article offers a cost/benefits analysis of providing wellness programs, to determine whether such programs could add value to a company. Recommendations follow for how to implement a successful wellness program with minimal initial costs should an analysis find that wellness initiatives would prove beneficial.
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