Some of the largest employers in the United States have partnered on an initiative to reduce healthcare costs and urge other companies to adopt wellness programs. Members of this coalition include Verizon, Bank of America, Coca-Cola, and Johnson & Johnson. These large companies provide employer-sponsored health insurance for as many as 150 million people.
The recommendations from these employers, titled ” Building Better Health: Innovative Strategies from America’s Business Leaders” emphasize health screenings, weight and nutrition counseling, chronic disease management, and behavioral stress reduction. The group also urges employers to share ideas and data to develop an evidence-based approach to wellness plans.
These large employer members have reported varying levels of success with their own wellness programs. PepsiCo prevented a significant amount of hospital admissions for employees with chronic disease, but only reported negligible savings when encouraging preventative lifestyle changes. Bank of America rewards employees who participate in health screenings. Johnson & Johnson reports a $565 savings per employee per year as a result of its wellness program.