Your clients should recognize that a healthy company is a profitable company. If their workers are chronically ill and taking time off due to sickness, the bottom line is sure to suffer—especially small companies.
Small businesses face more challenges than the large corporations with huge cash reserves to help them through financial crises. They're also more susceptible to market fluctuations, have fewer clients to support them and generally have more transient staff. On the flip side, they also make up 70 percent of the businesses in the U.S., so as goes small business, so goes the economy, according to business consultant Jim Muehlhausen, author of "The 51 Fatal Business Errors and How to Avoid Them."
When employees are absent due to illness, profits suffer and so do your clients and their customers. Employers are emerging from the health care crisis as health care costs continue to rise and employee's become unhealthier and lead unhealthy lifestyles that result in the development of more serious health conditions. Wellness on a corporate scale is one of the high hopes for the health care industry in lowering costs and making health insurance more affordable. Employees and their families need to become engaged in their health and learn to live healthy lifestyles every day.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.