Workplace Wellness—The Newest Trend In Employer-Sponsored Healthcare
The rising cost of healthcare has taken its toll on individuals, but also on businesses that provide healthcare coverage to their employees—with employer healthcare costs rising by more than 70% since 2000. This trend is affecting American companies’ ability to remain competitive.” The words of U.S. Sen. Tom Harkin (D-IA), quoted above, certainly ring true for the textile services industry.
As the healthcare reform debate continues in Congress without producing any real results, private-sector industries, especially low profit margin ones such as textile services must constantly reevaluate their healthcare benefit plans in order to maintain profitability. Since ...
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