Wellco Blog - HealthTrendsBlog.com

Study Identifies Avoidable Health Spending

A recent study found Heart disease is the most expensive illness in the US at nearly $150 billion annually. Heart disease and other preventable conditions are responsible for significantly driving up health costs. The study was performed by Center for Healthcare Research and Transformation in Ann Arbor, Michigan. Other costly condition opportunities include mood disorders (depression and bi-polar), back surgery and prenatal care.

Preventable illness makes up about 70% of the US health care bill (New England Journal of Medicine) yet less than 5% of health dollars are spent on prevention (American Journal of Health Promotion). Businesses can turn the tables and reduce costs by providing preventive health benefits, corporate wellness programs and employee assistance programs to identify conditions before becoming even more costly and dangerous.

Scott Foster is President of Wellco, based in Michigan. Wellco works with organizations who want to measurably improve health costs and risks.   Wellco specializes in health ROI systems, health risk appraisals, corporate wellness programs, speaking, and consulting.  Wellco is the developer of the award-winning HealthHammer, the first and only Zero Trend Appraisal system.

You may reprint any items from Health Trends Blog in your own print or electronic newsletter. When you do, please include the following paragraph:  Reprinted from “HealthTrendsBlog.com,” free, proven corporate health and wellness ROI strategies and market intelligence.  Subscribe and receive a free gift at www.wellcocorp.com (c) Copyright 2010 by Wellco Corporation.

No Comments

No comments yet.

Leave a comment

"Wellco does much more than provide corporate health and wellness programs. Wellco fixes health and wellness programs. As a result, we have decreased our medical costs by more than 15%."

Carol Gatewood, President, AJ Danboise

"The HealthHammer system saved us more than $200,000. HealthHammer is better than programs that cost 3 times as much."

Robert Casalou, President, Providence Hospital

"HealthHammer is the best and most powerful health risk appraisal and management system on the planet. Wellco has provided a 288% return on investment through reduced medical costs. "

Larry Gaynor, President and CEO, tng worldwide

"The bottom line is that the ClaimTamer and HealthHammer wellness systems have returned at least 162% of our investment by reducing our medical costs."

Tobye Stein, Executive Vice President (ret.), CO-OP Network and Service Centers Corporation

"HealthHammer is the most valuable benefit we have ever provided to our staff."

Brad Frederick, CEO, Media Genesis

"HealthHammer helped us achieve the unheard of 100% participation. As a result we're on our way to a 4:1 return on investment."

David Boduch, Director of Internal Operations, DMI

" Wellco's return-on-investment is as close as you can come to a sure thing."

Sean J. de Four, Vice President of Organizational Effectiveness, Judson Center

"HealthHammer sets the standard for health care ROI. Any business without HealthHammer is missing a real treasure."

Steve Rosser, Vice President, Johnston Lewis Associates

"Your programs are dynamite!"

David Bond, Senior Partner, Wiklund & Bond Financial Services

"There's no more using work as an excuse to avoid the doctor."

The Detroit News

"Meet the leaders."

Detroit Free Press