Well-publicized case studies have suggested a positive return to employer investment in prevention. Existing evidence suggests that employer-based wellness initiatives improve health and result in substantial savings over even the short term.
- A 2010 analysis by Harvard University found that medical costs fall by $3.27 for every dollar spent on wellness programs, and absentee day costs fall by $2.73 for every dollar spent.
- The Citibank Health Management Program reported an estimated savings of $4.50 in medical expenditures per dollar spent on the program. Studies from the California Public Employees’ Retirement System, Bank of America, and Johnson & Johnson estimate similarly significant health care savings from wellness programs.
Despite the evidence of high returns, many employers do not effectively engage in large scale workplace wellness-promotion practices. These include health education, risk assessment linked to interventions, and the integration of the program into corporate or organizational structure. There are multiple reasons that employers fail to adopt and use such programs, including:
- The cost and the lack of a clear understanding of the ROI.
- Historically poor adoption and utilization.
- Limited and inadequate methods to communicate with employees outside the workplace.
- The time required to manage and administer the program.
ComplyRx has designed its Platform to directly address these inadequacies. ComplyRx software solutions lower healthcare costs and improve outcomes by changing the way employers, benefit experts, and providers communicate. We centralize the administration and management of health and wellness programs, with the goal of helping employers and payors meet or exceed program utilization goals, particularly among at-risk members living with chronic conditions.