Florida Banking October/November 2024

BANCSERV ENDORSED PARTNER: FLORIDA BANKERS HEALTH CONSORTIUM

FLORIDA BANKERS HEALTH CONSORTIUM: “WELL-COME TO YOUR HEALTH” The Impact of Preventative Wellness Checks on Healthcare Costs F L O R I D A B A N K E R S A S S O C I A T I O N

BY STEPHANIE BOOMGAARDEN, SALES AND CLIENT RELATIONSHIP MANAGER FLORIDA BANKERS HEALTH CONSORTIUM

W ould you agree that the two biggest costs of running a business are payroll and benefits? We cannot help you with the payroll, but we can let you know how going to the doctor for your annual visits could help your bottom line of healthcare costs. Preventative health screenings have emerged as a crucial strategy for managing expenses while improving overall health outcomes. These visits, which include regular

infectious diseases that can lead to hospitalizations and outbreaks, saving significant healthcare dollars overall. Similarly, screenings for conditions like colorectal cancer can detect abnormalities early, allowing for timely treatment that is far less costly than treating advanced stages of the disease. Healthy employees are more productive employees. Companies that invest in preventative wellness checks for their employees often see

screenings, vaccinations, and health assessments, can play a significant role in detecting and addressing health issues before they escalate into more serious and costly conditions. One of the biggest advantages of preventative wellness checks is detecting health problems at an early stage. By identifying issues such as high blood pressure, diabetes, or certain cancers early on, healthcare providers can intervene sooner with less invasive and less costly treatments. For example, managing

reduced absenteeism due to illness. Regular check ups can catch health issues early, allowing employees to receive treatment promptly and return to work sooner. This not only improves productivity but also reduces the financial burden of absenteeism on employers by maintaining a healthier workforce. Beyond immediate cost savings, preventative wellness checks contribute to long-term health management. By promoting healthy behaviors and regular healthcare

“PREVENTATIVE WELLNESS CHECKS FOCUS ON KEEPING INDIVIDUALS HEALTHY AND REDUCING THE NEED FOR EXPENSIVE MEDICAL TREATMENTS.”

chronic conditions like diabetes through regular monitoring and early intervention can prevent costly complications such as heart disease or kidney failure that often require extensive medical interventions and hospitalizations. Preventative wellness checks focus on keeping individuals healthy and reducing the need for expensive medical treatments. Vaccinations, for instance, prevent

engagement, these checks help individuals maintain good health habits that can prevent chronic conditions from developing in the first place. This initiative-taking approach not only improves quality of life but also reduces the need for costly interventions related to chronic diseases. Focusing on early detection, prevention, and long term health management, these checks contribute

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