Healthy Employees Make for a Healthy Bottom Line Atlanta Regional Health Forum Federal Reserve Bank of Atlanta December 5, 2008.

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Presentation transcript:

Healthy Employees Make for a Healthy Bottom Line Atlanta Regional Health Forum Federal Reserve Bank of Atlanta December 5, 2008

The World Economic Forum Committed to improving the state of the world Published a white paper in 2007 with PricewaterhouseCoopers entitled Working Towards Wellness- Accelerating the Prevention of Chronic Disease

Working Towards Wellness An Analytic Framework Chronic disease is a growing burden Employers bear increasing costs and can impact risk factors Corporate wellness programs are diverse Applying a gold standard can lead to effective workplace wellness programs

Working Towards Wellness Business Leader Call to Action Take the pulse Embed a culture of health Manage the change Collaborate and consolidate Lead by example

Leading by Example The Partnership for Prevention and the U.S. Chamber of Commerce produced a report in 2007 listing leading practices for employee health management from the Leading by Example CEO Roundtable initiative The companies and CEOs in the report made a healthy workforce an important part of their core business strategies

Trust for America’s Health Published a report in July 2008 entitled Prevention for a Healthier America: Investments in Disease Prevention Yield Significant Savings, Stronger Communities

Prevention for a Healthier America Investment of $10 per person per year in proven community-based programs (physical activity, improved nutrition, smoking prevention) could save the U.S. more than $16 billion annually within 5 years ROI- $5.61:$1 Georgia ROI- $4.8:$1 ($426 million)

Prevention for a Healthier America Medicare could save > $5 billion Medicaid could save> $1.9 billion Private payers could save> $9 billion

Prevention for a Healthier America The report focuses on disease prevention programs like affordable nutritious foods, increasing sidewalks and parks in communities and raising tobacco tax rates