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Getting employees physically active 'cuts company healthcare costs by 35 per cent'
POSTED 18 Aug 2023 . BY Tom Walker
The research evaluated the difference in healthcare costs for active Gympass users Credit: Shutterstock.com/shpakdm
Having physically active employees could help companies cut their healthcare costs by more than a third
The finding comes from a study by corporate wellness platform, Gympass
It showed that employees who engaged in physical activities at least five times a month resulted in a 35 per cent decrease in company healthcare costs
The sample included a control group of more than 17,000 employees from Gympass' corporate clients
Companies which successfully encourage their employees to become more physically active could see their healthcare costs being cut by more than a third.

A study by corporate wellness platform, Gympass, shows that employees who engaged in physical activities at least five times a month resulted in a 35 per cent decrease in company healthcare costs after a 12 month period.

The research evaluated the difference in healthcare costs for active Gympass users compared to non-users and less active participants.

Data analysis was performed by comparing two test groups (Gympass users with up to four check-ins a month and users with more than five check-ins a month) and a control group (non-users).

The sample included a control group of more than 17,000 employees from Gympass' corporate clients who are not subscribers and more than 2,000 employees who are active subscribers.

They were grouped based on similar gender and age profiles, as well as similar healthcare expenses in the six months prior to the beginning of the study.

After forming the groups, a comparison was made between the average cost of medical care in the six months prior to the first check-in and the average cost in the six months after a 12-month period.

Finally, the data was crossed with healthcare data at the individual level in Brazil from 2019 to 2022 to arrive at the final result.

Neonatal, oncology, home care, transplant and dialysis patients were not included, since their health care costs are not influenced by the practice of physical exercises.

The research was Gympass' first study to correlate the regular practice of physical activity with a reduction in corporate health care costs.
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Jobs    News   Products   Magazine
NEWS
Getting employees physically active 'cuts company healthcare costs by 35 per cent'
POSTED 18 Aug 2023 . BY Tom Walker
The research evaluated the difference in healthcare costs for active Gympass users Credit: Shutterstock.com/shpakdm
Having physically active employees could help companies cut their healthcare costs by more than a third
The finding comes from a study by corporate wellness platform, Gympass
It showed that employees who engaged in physical activities at least five times a month resulted in a 35 per cent decrease in company healthcare costs
The sample included a control group of more than 17,000 employees from Gympass' corporate clients
Companies which successfully encourage their employees to become more physically active could see their healthcare costs being cut by more than a third.

A study by corporate wellness platform, Gympass, shows that employees who engaged in physical activities at least five times a month resulted in a 35 per cent decrease in company healthcare costs after a 12 month period.

The research evaluated the difference in healthcare costs for active Gympass users compared to non-users and less active participants.

Data analysis was performed by comparing two test groups (Gympass users with up to four check-ins a month and users with more than five check-ins a month) and a control group (non-users).

The sample included a control group of more than 17,000 employees from Gympass' corporate clients who are not subscribers and more than 2,000 employees who are active subscribers.

They were grouped based on similar gender and age profiles, as well as similar healthcare expenses in the six months prior to the beginning of the study.

After forming the groups, a comparison was made between the average cost of medical care in the six months prior to the first check-in and the average cost in the six months after a 12-month period.

Finally, the data was crossed with healthcare data at the individual level in Brazil from 2019 to 2022 to arrive at the final result.

Neonatal, oncology, home care, transplant and dialysis patients were not included, since their health care costs are not influenced by the practice of physical exercises.

The research was Gympass' first study to correlate the regular practice of physical activity with a reduction in corporate health care costs.
RELATED STORIES
FEATURE: Corporate: Well at work


Growing interest in corporate wellness is creating exciting new opportunities for the health and fitness industry, finds Kath Hudson
Gympass signs global partnership with Magicline to power its control over gym check-ins


Gympass has signed a global partnership with fitness tech firm Magicline, which will see the aggregator strengthen its power of the check-in and class booking process.
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Snap Fitness' holding company – Lift Brands – is up for sale
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Planet Fitness increases price of basic membership for first time in over 20 years
Planet Fitness has announced the repurchase of 314,000 shares at a rate of US$20 million. The Class A common stocks were repurchased and retired, using cash.
Xponential dumps Geisler as company faces investigation by US Attorney’s Office
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