Health Promotion

IntroductionThe cost of wellness care is escalating at very surprise scores . For this reason , the wellness indemnity premiums for corporations fork up arise faster than inflation as well as lucre growth all over the recent geezerhood , according to the Employer wellness Benefits mint carried egress by Kaiser Family fundament (2006Separate reports by Kaiser /HRET deal of Employer-Sponsored wellness Benefits (1999-2006 The Health Insurance standoff of America (1988 1989 , 1990 KPMG Survey of Employer-Sponsored Health Benefits (1993 1998 Bureau of Labour Statistics and Consumer scathe Index conclusively indicate that health restitution premiums seduce been continually acquiring risqueer at almost double-digit judge , gum olibanum , comprise a major hindrance for corporations to continue providing health repo rting for their employees as well as the retirees . Similarly , it is comme il faut sporty to a number of corporations that at these current grade , their expenses on health damages will grow spunkyer(prenominal) than their clams . For this reason , it will be quite hopeless for much(prenominal) corporations to lead a significant impact on absolute health care be , unless , they put in dissolve such alternative strategies as health promotion programs to armed service contain the escalating health care bea ) Impact of Health baffle Costs on CorporationsThe rapid and continuing escalation in health insurance premiums is having a weighty impact on disturbance operations of many corporations These corporations need to grow by regurgitate not alone in research , but excessively in capital spending , product development as well as in marketing However , the high cost of insurance premiums reduces the capacity of these corporations by cutting into their in operati on(p) margins . The resultant effect has bee! n a profound drag on economic growth over the recent yearsIn addition , the balloon in health care spending by corporations makes it rase harder for them to add new employees or retain the existing ones and so , slowing down the rate of employment creation and an boilers effort job growth .

For instance , according to a theatre of operations by Kaiser Family Foundation (2006 , larger firms have been quite hesitant to create new jobs during this period of high health insurance inflation . Smaller firms on the other hand have been experiencing larger annual 15-20 increases in health insurance premiums over t he last five years compared to larger companies , making it to a greater extent difficult to add new jobs . Health insurance be have therefore turned out to be one of the fastest-growing business expenses for corporationsThe Employer Health Benefits Survey by Kaiser Family Foundation (2006 indicates that health insurance premiums for employers increased nearly 87 between 2000 and 2006 , compared to allowance which have increased by only 20 during the alike(p) period . This phenomenon is attributed to the high health insurance costs which stifle wages and may therefore act to note the rate of productivity due to poor motivationDue to the rapidly escalating health insurance premiums , many of the local corporations are unable to deal slightly with foreign companies Such corporations find themselves competitively discriminate as compared to foreign corporations operating in countries with relatively sluggish rates of increase in health care costs and...If you unavoidableness to get a full essay, order it on our website: BestEssayCheap.com

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