Posts Tagged ‘business’

I Smoke, I'm Fat…and it's Your Problem!

July 24th, 2008

According to a new survey from The Vitality Group, most Americans – 82%, think that they are responsible for their health.

They also agree that lifestyle choices, like smoking, over-eating and under-exercising, have a direct impact on the health and health care costs.

However, nearly half of Americans – 44%, believe they should not have to pay for their health care.

What?

Am I missing something here?

How can 82% of people claim responsibility for their health while at the same time expecting someone else to pay when something goes wrong.

That just sounds wrong; and I am from Canada, the land of socialized medicine.

What’s Behind the Numbers?

When I first read this story, I was blown away by the hypocrisy.

And then I looked a little closer.

Vitality Group is the health promotion branch of Discovery Holdings Ltd. And according to Google Finance:

Discovery Holdings Limited

Discovery Holdings Limited is a South Africa-based holding company that operates in the international health and life assurance markets. The Company operates through five businesses: Health South Africa, Health United States of America, Health United Kingdom, Life South Africa, Life United Kingdom and Vitality. Health South Africa administers and provides managed care services to medical schemes and renders administration services to other business segments within the Company. Health United States of America offers consumer driven health insurance products to employer groups and individuals in the United States of America. Health United Kingdom offers consumer-engaged private medical insurance products to employer groups and individuals in the United Kingdom. Life South Africa offers a range of insurance and financial solutions to the Company’s clients against the financial impact of lifestyle-changing events.
.
155 West Street PO Box 786722
Sandton, 2146
South Africa
+27-11-5292888 (Phone)
+27-11-5392958 (Fax)
Company website:
https://www.discovery.co.za
News Releases, Investor Relations, Financial Information, Corporate History/Profile, Executives, Employment Opportunities

.

So, can anyone think of a reason why an insurance company would encourage an employer to set up a health promotion / disease prevention program for it’s employees.

Hmmmmm

How about reducing claims and increasing profits.

My two cents

Okay, so we have two sides to this story.

On one side, we have an American (obviously, not just the U.S.A. – I see lots of fat Canucks every day) public that doesn’t want to actually take responsibility for it’s increase in obesity, metabolic syndrome and type 2 diabetes.

Wrong, so wrong.

On the other side, we have an insurance industry that is using guilt along with the economic pressure of America’s employers to increase their own profits.

Even wronger.

But looking at this mess, I can’t help but think:

What happens if because of this initiative, America’s employees become fit and healthy?

Does that mean that these two wrongs actually make a right?

Here is the original article with all of the details.

.

If you like what you see here, click here for updates or Share this Post with the rest of the world.

Thanks in Advance.

Popularity: 1% [?]

Wellness and Workouts in the Canadian Workplace

May 15th, 2008

According to this article in the National Post, Canadian employees desire workplace wellness and disease prevention education to be included in their health care plans.

In the Sanofi-Aventis Healthcare Survey, 83% of the 1500 respondents would be more likely to stay at their jobs if they believed their employer was interested in maintaining their health through education and prevention.

75% thought more highly of employers that offered it in the workplace.

According to Chris Bonnett, a member of the surveyem advisory board and president of H3 Consulting, “[employees] are looking to their employers for support and access to health education and programming.”

PRO

It’s great that Canadians are more interested in their health and that their employers may see a beneficial link between the employees’ health and their value to the company.

Not like the good old days.

Highballs in the corner office…cool baby

CON #1

The survey was conducted by Sanofi-Aventis Canada – the Canadian affiliate of the Sanofi-Aventis Group, one of the world’s leading pharmaceutical companies. No conflict of interest there.

What are the odds that Sanofi-Aventis might have some suggestions as to the type of health education and programming (their word) that the employees should have access to?

CON #2

Who is going to say no to free stuff?

Sure, pay for my gym membership. I’m down with that.

It would be much more honest to ask employees if they would be interested in having their employer pick up half the tab for fitness memberships, etc.

CONCLUSION

At the end of the day, any health promotion / disease prevention plan is a good thing. And what a surprise that in Canada, the home of socialized medicine, that business, not government is leading the way.

.

If you like what you see here, click here for updates or Share this Post with the rest of the world.

If you are interested in a better way to eat, click here or here or here.

Thanks.



Popularity: 1% [?]

Employers get the fitness bug

April 16th, 2008

Ahhhhh… the wonders of the free market system.

I was reading todays newspaper when I came upon this article .

For those of you who don’t want to read the whole article, here is a 10 second synopsis:

Employee fat and out of shape

Employee less productive

Company lose money

Company pays for employee to get in shape

Employee more productive

Company make money

Now, depending on the size of the company and the value of the employee to that company, funding for employee fitness can vary between a small contribution towards a gym membership to a personalized fitness consulting package including nutrition, personal training, fitness equipment and psychological support.

But at the end of the day, these businesses are looking at the bottom line. Their employees are valuable to them because of what they can or can’t produce. If an investment in their employees health will help them turn a profit, you can bet they will make that investment.

My question is: Why don’t most people make that investment in themselves?

Any answers???

.

If you like what you see here, click here for updates or Share this Post with the rest of the world.

If you are interested in a better way to eat, click here or here or here.

Thanks.

Popularity: 1% [?]

Top Sites Fitness