Companies increasingly embrace wellness programs to cut costs

Many companies are looking to start or expand wellness programs to reduce medical costs by improving their employees' health, reports The Washington Post. Companies hope this will be a win-win for themselves and their workers. There are some employee concerns around wellness programs, however, including issues of privacy and discrimination against older workers. Companies are also toying with raising monthly insurance premiums to encourage their employees to sign up for the programs. But these penalties may hurt lower-wage workers because premiums consume most of their paychecks. Despite issues raised by employees, overall, employers are embracing the concept. Article