Companies today are increasingly looking for ways to cut expenses and improve profit margins. Among their greatest expenses are fringe benefit costs associated with employee health care.
As such, many are looking at how the lifestyle habits of their employees – such as smoking – are affecting their bottom line.
Medical care and lost productivity cost employers about $3,856 per smoker per year, according to the Centers for Disease Control and Prevention. Men who smoke pay $15,800 more for medical care over their lifetimes and miss four workdays more per year than nonsmoking men; female smokers shell out $17,500 more in lifetime medical expenses and miss two days more from work than women who do not smoke, according to the CDC.
Some companies refuse to hire smokers or demand that their employees quit smoking or lose their jobs. Others are setting policies restricting smoking on or around company property and offering bonuses or other incentives for employees to quit smoking.
For those who want to quit but have failed with various cessation methods, one company says it has a unique solution that may help them kick the habit for...
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