The health status of the employees in any given organization determines a lot the progress to be realized in the organization. It is always prudent for the top management to put place measures to address issue related with the health care status (Dursi 2008). Majority of the organizations are carrying out health promotional programs and this if well implemented works to the advantage of the organization. In that, it will be easier to improve the efficiency of the employees since medication will always be timely (Glied 2008). Again, employees will not have to dig into their pockets in times of emergencies. They will also feel cared for and this will enhance their loyalty towards the company thus boosting productivity.
Healthcare financing has become something of intense consideration in many developed countries (Williams 2011). The government largely pays for the health care provision or it is paid for by the organizations thereby associated. In countries like the United States of America, a part of the health care provision is market based. This means that, it is paid for by the employers as well as individuals. The federal government however comes in where the case of old age and disability arises. The mentioned approaches to health care, that is, government and market based have both the merits and demerits.
All the societies are supposed to make wise decisions on how to provide affordable basic as well as advanced care, the cost of the health care innovations and implementation. The quality of this necessity places competition on different organizations (Prevention and Health Promotion, 2011). It also works to secure a good public image for the organization as far as the society is concerned. Therefore, for any organization, health care provision should be seen as a plus but also care should be taken not to implement very costly programs that end up downplaying the profits of the organization.
A well thought out budget should be put in place before the organization embarks on the journey of securing a good health for its employees. A cost benefit analysis should ensue and consequential to its outcome, the organizations gets to know if the system is worth the attempt and best approach to employ to achieve a commendable status.
A sample budget
For the cost benefit analysis, considering the budget as shown above, if the project can be able to attend to 20,000 patients on a daily basis, each paying $3.25 it can manage to attract a turnover of $ 65,000 per annum which translates to a profit of $ 32,800 per annum, then it is worth implementing since it will not be a disadvantage to the organization. From the budget above, it is noticeable that the cost of running the project does not consume into the profit of the organization in that it does not make losses. With such a project, the organization will be able to cater for its employees without any hitch since the project is self-funding. In addition, it may be beneficial for the organization if it considers expanding through opening of other branches.
Reference
Dursi, M.C. (2008). Can Health Promotion Programs Effectively Reduce Health Care Costs, Increase Productivity and Retain Qualified Employees? Schmidt Labor Research Center Seminar Paper Series. University of Rhode Island. National Center for Chronic Disease Glied A., (2008), ‘Health care financing, efficiency, and equity’, Web, http://www.nber.org/ papers/w13881.pdf?new_window=1
Prevention and Health Promotion, (2011), Benefits of Health Promotion Programs
Williams L., W. (2011). Workplace Health Protection and Promotion, Retrieved from, http://www.acoem.org/uploadedFiles/Public_Affairs/Policies_And_Position_Statements/Guidelines/Guidelines/Workplace%20Health%20Protection%20and%20Promotion.pdf
