A corporate wellness program has the potential to reduce an employee’s chance of incurring key health risks such as obesity, high cholesterol and blood pressure, as well as the potential to help him stop smoking or abusing alcohol.

With those risks mitigated, companies could cut their health care costs by about $650 (or 18% per average working-age adult) and up to 28% for older adults and retirees, according to a study in the Journal of Occupational and Environmental Medicine.

In addition, companies with wellness programs find that productivity among employees is better because they are sick fewer times. According to Corporate Wellness Magazineeach dollar invested in a wellness program can yield about $4 in increased productivity, with less absenteeism and lower insurance costs.

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