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Excellent health benefits help attract, retain top employees.

Publication: San Diego Business Journal
Publication Date: 27-MAR-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: Excellent health benefits help attract, retain top employees.(Effective health care management by companies)

Article Excerpt
Companies top in their fields must offer outstanding products or services to their customers. The top companies also have stable, productive and healthy workforces that rank highly in employee satisfaction.

Organizations depend on their human resources (HR) and benefits professionals to recruit and retain the best talent in the field. Competitive salaries, career advancement and benefits packages all contribute to HR success. Increasingly, health care is an important component as a sought after employee benefit and as a way the company helps increase productivity and reduces absenteeism.

Employers realize that investing in cost-efficient programs to manage their employees' health has a long-term impact on keeping the company's bottom line healthy. They also demand creative and effective solutions to increasing health costs, which are driven by advancing technologies, blockbuster medications and an aging population. But the most significant driver of health care costs is the growing number of people with chronic conditions, including asthma, diabetes, depression and heart disease.

Chronic diseases account for an estimated 60 to 75 percent of current annual medical costs in the United States. According to the Robert Wood Johnson report Chronic Care in America: A 21st Century Challenge,...

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