While many companies are able to devote significant resources to wellness initiatives, other companies don’t have the budget to promote wellness, or so they think…
Wellness comes in all shapes, sizes, and costs. In the wellness world, expensive does not always equal better. Years ago, wellness usually meant in-person resources, consultants, and heavyweight technology platforms – these programs tended to be expensive.
In recent years, there has been an emergence of lightweight but highly effective consumer-oriented wellness technology solutions. These technology solutions were built to be scalable and don’t require in-person administration or expensive support resources. Cost-savings from scalable technology are passed on to the customer (your company) in the form of reduced pricing. If your company is on a limited wellness budget, consider a wellness technology company that provides a robust and high-engagement solution at a fraction of the cost of legacy wellness providers.
If these low cost and more effective programs are still out of your budget, than consider one of the many free wellness options available. Organizing an after work running group, promoting walking meetings, or starting a company fitness challenge are great ways to jumpstart a zero-cost wellness program.
There are also a number of state and federal wellness grants available to employers that can help offset some or all of the wellness program expense. Through the Affordable Care Act, the federal government is allocating $200 million for wellness grant money. If your company employees fewer than 100 employees and did not have a wellness program in place before March 2010, than your company may be eligible to apply for this grant money. This is just one of a number of grants available for employer-sponsored wellness programs.
If you’re interested in learning more about wellness grants and subsidies, send us an email.