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Corporate Wellness
Essay specific features
Written by:
Larry M
Date added:
May 21, 2016
Level:
University
Grade:
A
No of pages / words:
6 / 1532
Was viewed:
4223 times
Rating of current essay:
Essay content:
McKinsey estimates that the average Fortune 500 company spends as much on health benefits as it earns in profits (Exhibit A). In 2007, employer premiums for medical insurance averaged $4,479 for single coverage and $12,106 for family coverage (Exhibit B). In fact, premiums have increased 87% since 2000, becoming the most expensive benefit paid by US employers...
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In fact, premiums have increased 87% since 2000, becoming the most expensive benefit paid by US employers. According to a report from Aon Consulting Worldwide, though health care cost increases are slowing, they are projected to increase by more than 10% in the coming year. The report attributes the decreasing rise of health care costs to more employers and employees participating in wellness and health promotion programs...
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