"Companies like Pitney Bowes and Johnson and Johnson are leading the way in innovative prevention and wellness efforts, which can be replicated throughout the country," said Harkin. "With healthcare costs quickly increasing, it is no surprise that some companies report spending more than 50 percent of their profits to cover these expenses. Employer spending on health promotion and chronic disease prevention is a good investment. Studies have reported a proven rate of return on investment within 12 to 18 months, ranging from $2 to $10 for each dollar invested. It simply makes sense to partner with employers and leverage the place where Americans spend the majority of their waking hours - the workplace.
"As health reform moves forward on Capitol Hill, it is becoming more and more apparent that prevention and wellness will be a centerpiece. It is refreshing to have a President partner with us in that effort."
Earlier this week, the Senate Finance Committee offered Proposals to Provide Affordable Coverage to All Americans, which included various prevention efforts. Complementary legislation will be included in the HELP Committee title to be unveiled later this month.
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