1) Healthcare costs go down
A topic of increasing concern, healthcare costs have been rising rapidly in recent years. Promotion of well-being in the workforce has been identified as one of the most cost-effective routes to reining it in:
With 1 in 5 Americans experiencing a mental illness in any given year (at a $140 billion annual cost), the need for preventive measures that can boost mental resilience is at an all-time high. There’s evidence that practices such as meditation and positive psychology exercises—which build the skills of emotional fitness—can prevent these conditions from appearing and help treat them when and if they occur.
The implications of better emotional health do not amount to neck-and-up benefits alone: Numerous studies have shown that people with high levels of well-being enjoy many physical health benefits as well. This includes better sleep, reduced levels of pain, an improved immune system, better cardiovascular function and overall increased lifespan.
Furthermore, medical-behavioral integration of care (e.g: providing emotional assistance to people suffering from chronic illness) can save up to $48 billion annually, according to a report from Milliman.
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