Our Big Idea

The Big Idea: Our Advantage

Part 1: The Problem

Part 2: The Solution

Part 3: Our Secret Sauce

Part 4: Running the Numbers



 

Part 1: The Problem

”Annual Expenses per 1,000 Employees = Up to $2,328,780”

Do Wellness Programs Even Work?

Wellness Programs are increasingly popular in the United States but ”the impact of programs is marginal across age groups… only 40% of employees with programs say they actually improve their health/wellness” (Global Wellness Institute).

Secondly, a Rand study found the dollars targeted towards chronic illness saved $3.78 for every dollar spent, but those spent on lifestyle management resulted in savings of only $0.50

None of the lifestyle management programs targeted muscular injuries.  The money spent on workers’ compensation and wellness programs could be spent on a program that statistically provides a return on investment for all employees, not just those with chronic disease. 

Our Plans:

  • Providing an Athletic Trainer at work sites results in an overall reduction of medical costs by 49.5 percent ($344/employee average) and musculo-skeletal (Muscular Soft Tissue) medical costs by 86.3 percent ($180/employee***).  This is a minimum statistical savings of $180 – $344 per employee.  (NATA)
  • Providing Active Release Technique as part of a corporate wellness program resulted in an 80% reduction in soft tissue workers’ compensation expenses for a company with 1,100 Employees***.  This is a potential savings of approximately $250+ per employee. (ART)

***30-45% of all workers’ compensation claims are soft tissue musculoskeletal injuries.



How Expensive are Workplace Injuries, Sick Time and Turnover?

Workers Compensation

  • Annual Cost Per Employee: $694 / $49,630 Median Salary (BLS)
  • Annual Cost per 1,000 Employees: $694,000

Sick Time

  • Annual Cost Per Employee: $447 / Median Salary (BLS)
  • Annual Cost per 1,000 employees: $447,000

Employee Retention / New Hire Costs

  • Average Cost per re-hire: $10,731  (AlliedWorkForce)
  • Voluntary Attrition Rates: 11% Average (CompData)
  • Average Cost per 1,000 Employees: $1,180,410
  • A wellness program can reduce voluntary attrition by up to 79%, a potential savings of $932,524. – HBR
  • On-Boarding Cost per re-hire: $67 (AlliedWorkForce)
  • Annual Cost per 1,000 Employees: $7,370 (@ 11% average turnover)

Opportunity Costs

  • New Hire Full Productivity is not reached until 8 months – AlliedWorkForce
  • A variety of studies confirm the health conditions contributing most to lost productivity: depression, anxiety, migraines, respiratory illnesses, arthritis, diabetes, and back and neck pain. –HBR
  • Customer Retention Rates Increased 18% with the implementation of a Wellness Program – Cvent

”Annual Expenses per 1,000 Employees = Up to $2,328,780”

 


 

 


Part 2: The Solution

Athletic Training

Most Wellness Programs are created by personal trainers and insurance companies with little background in injury management .  Athletic Trainers (ATCs) are highly qualified, health care professionals who collaborate with physicians, chiropractors, and physical therapists to provide preventative services, emergency care, clinical diagnosis, therapeutic intervention and rehabilitation of injuries, medical conditions, and return to work programs. ATs in the Occupational Setting develop and manage programs designed to keep employees working at full capacity, improving company productivity, and helping to reduce health care and insurance costs.

Athletic Training in the Corporate World

A 2009 NATA survey of companies that kept return on investment data reported a 100 percent positive ROI on having an athletic trainer on-site: more than 90 percent of respondents indicated employee days away from work decreased by 25 percent or more at their company; almost half of the companies had emergency room costs reduced by 50 percent or more, and more than 50 percent reported a decrease in costs associated with workplace injuries.

The RehabWorks program saves lost work hours and NASA and its contractors an average $750,000 annually.

Utilizing an athletic trainer in the Fairfax criminal justice academy setting has proven to reduce overall medical costs by 49.5 percent and musculoskeletal medical costs by 86.3 percent”

Employers spend as much as $20 billion a year on musculoskeletal work related injuries and 5 times that for indirect costs (hiring, training replacements, etc).

40 Percent of Total injuries and illnesses are strains and tears, and an additional 29 percent are musculoskeletal disorders (Injuries to Muscular Soft Tissue).

Median lost time for specific disorders include carpal tunnel syndrome (27 days); tendonitis (14 days); musculoskeletal disorders (11 days); muscle sprains, strains and tears (10 days); and soreness or back pain (8 days).

Work-related musculoskeletal disorders in the U.S. account for more than 600,000 injuries (34 percent of lost workdays).

NATA


 

 


Part 3: Our Secret Sauce

Active Release Technique: Description

Active Release Technique, or ART is a highly effective treatment technique that rapidly reduces muscular pain and accelerates healing. At AtheraCorp Ltd., all ATC’s are required to become Active Release Technique Certified. In the corporate environment, ART is utilized as a wellness program to prevent soft tissue injuries from arising and for minor discomforts that have not yet escalated to the level of an “injury.” The US Department of Labor states: “OSHA finds that ART is considered first aid for injury and illness recordkeeping purposes.’’ It does not generate an OSHA Recordable Injury when delivered for employees in this type of on site care program. ART

Active Release Technique: Results

A pilot program took place at Sanmina-SCI in Fountain, CO. SCI’s worker’s compensation costs were approaching 1 million dollars and were primarily attributed to soft tissue injuries. At the time, SCI had around 1100 employees. ART placed an experienced ART provider on-site at SCI for 6 hours per week (two 3-hours shifts on separate days). SCI permitted employees to periodically have their backs, elbows, shoulders, knees, hands or wrists attended to from a preventative maintenance standpoint. Individuals with minor aches or discomforts that had not become formal “injuries” were also permitted to see the ART provider. After one year, SCI’s soft tissue expenses reduced by approximately 80% and ART helped SCI maintain these savings for over 3 years.  – ART

 


 


Part 4: Running the Numbers

Workers’ Comp per year: $694 per employee / $49,630 Salary (Nat’l Average)

  • 80-86% reduction through Athletic Training & ART = $167 – $269 per employee (30-45% of claims that are musculo-skeletal)
  • 25% reduction of Absenteeism (Sick Days) with an Athletic Trainer = $112 per employee
  • Minimum Potential ROI = $279 – $381 per employee.

Full Potential Savings / Return-on-Investment by Industry

(80% reduction of 45% musculo-skeletal claims)

  1.  Financial / Business:   (BLS Table 6*)
    • Average Salary: 75,000
    • Workers’ Compensation: 0.5% = $375
    • Sickness Costs: 1.1%  or $825
    • Total Cost per Employee: $1,200
    • Vs. Minimum Potential Savings: $341 per employee, or 28%
  2.  

  3. Nat. Resources/Construction/Maintenance:  (BLS Table 5*)
    • Average Salary: $48,900
    • Workers’ Comp 3.1% = $1,516 -$3200 per year
    • Sick 0.5% = $244
    • Total Cost per Employee: $1,760 – $3,444
    • Vs. Potential Savings: $607 – $1213 per employee, or 34-35%

     

  4. Transportation/Trucking:  (BLS Table 5*)
    • Average Salary: $43,590
    • Workers’ Compensation: 3% = $1,308
    • Sickness: 0.7% = $305
    • Total Cost per Employee: $1,613
    • Vs. Potential Savings: $521 per employee, or 32%  

Our solution creates a Minimum ROI for a company of 1,000 employees of $279,000, plus a potential savings up to $932,524 on employee turnover costs.

 



Conclusion

Our Big Idea provides the optimum solution for corporations who want to establish the most efficient wellness program which provides value to their employees and a massive return on investment.

AtheraCorp Ltd. is the only company providing this level of care to the Corporate world.

Find Out if your Corporation meets our requirements for a business partnership. 

 

Contact Us Today