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Poor mental and physical health are impacting employees’ overall well-being and costing businesses through absenteeism, lower productivity, and higher medical costs.
Cigna Healthcare, International Health today launched its global campaign, “Your Health Plan, Your Growth Plan” (“YHP, YGP”), raising awareness about the close connection between people’s health and business growth.
Healthier employees perform better at work. The latest research by the global health services provider finds that in the US, employees reporting high levels of vitality – a comprehensive measure of people’s ability to thrive across all facets of life – feel 60% more capable of carrying out their duties than less healthy peers.
Conversely, high levels of employee burnout and rising incidence of musculoskeletal issues continue to hurt the bottom line. For example, according to the World Health Organization, an estimated 12 billion working days are lost every year to depression and anxiety, costing US$1 trillion per year in lost productivity, and approximately 1.71 million people are living with musculoskeletal conditions worldwide.
Jason Sadler, President, International Health, Cigna Healthcare, said: “As an organization committed to improving the health and vitality of the people and organizations we serve, we want to share the real-life story of how investing in individuals’ health boosts employee well-being and business growth.”
“Employees have prioritized their well-being more in recent years. They also expect their organizations to help them stay healthy. Now is the time for senior leaders to recognize the human and business impact of health and take action to support their people and grow their businesses.”
Studies have shown that investment in health can generate significant returns. For every US$1 invested in mental health treatment, an employer can see a US$4 return from reduction in medical costs, increase in productivity, lower absenteeism and other factors; for integrated care, which embeds mental health expertise into primary care settings, an employer can save US$6 in overall medical costs for every dollar invested.
The new campaign by Cigna Healthcare will offer such insights that help employers understand the need to invest in their people’s health and the benefits of doing so, supporting them to develop health plans that complement their overall business strategy.
Find out more here: https://bit.ly/YHPPR