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Save Money by Reducing Health Care Costs

With more than 85% of American workers being overweight, obese or suffering from a chronic health condition, promoting health in the workplace is now more important than ever! Having a healthy workforce enables your company to have:
• Happier, more productive employees
• Lower healthcare costs & worker’s compensation claims
• Less sick days
• Better employee retention rates

To combat this trend, workplace wellness programs are being implemented in both large companies and small businesses. However, knowing where to start with a corporate wellness program can be challenging.
Healthy Business Basics is the NVCC’s attempt to provide members with new ideas for healthy change, and guidance to those looking for some inspiration. Developed by the Chamber’s Health & Wellness Alliance, the first luncheon held in March focused on the ins and outs of setting up an employee wellness program. The next luncheon will show employers and employees how they can save money by accessing tax credits available through the Commonwealth. Additionally, there will be information on how best to utilize your health insurance, with an eye toward cost savings.
More employers are moving to health plans with high deductibles and co-pays. This may save the employer money on premiums, but could be costing employees more and thereby discouraging their utilization of the plan. Healthy Business Basics will provide you and your employees with the information needed to manage your health insurance in the most cost effective manner.
Dr. Shioban Torres is the Worksite Wellness Coordinator for the MA Department of Public Health. She will provide information on accessing tax credits on your wellness program. The Massachusetts Wellness Tax Credit gives small businesses in Massachusetts a state tax credit for having an employee wellness program. Massachusetts businesses that employ 200 or fewer workers may qualify for the tax credit for up to 25% of the cost of implementing a certified wellness program.
Eric Jacques is a Commercial Account Manager with Neighborhood Health Plan and will discuss maximizing your health care benefits and optimizing onsite wellness programs.
Additionally, those who attend will have an opportunity to visit with more than a dozen members of the Chamber’s Health & Wellness Alliance who will have display tables at the luncheon. The Alliance is a collection of members whose businesses can help you implement cost saving programs for the health of your business and the health of your employees.
The Healthy Business Basics Luncheon is Wednesday, October 14th from 11:30 – 1:00 at Velocity Sports Performance in Norwood. To learn more, click here. To register to attend, click here.