In 1996, the U.S. spent $100 billion on health care. According to the Centers for Medicare and Medicaid Services (CMS), the U.S. is projected to spend over $2.2 trillion on health care in 2007, or just under $7,500 per U.S. resident. More than 70 percent of chronic disease costs and death are caused by our lifestyles. Statistics show that healthy employees are up to twice as productive as unhealthy employees.
According to Wellness Council of America's 2006 survey, 91 percent of employers are pushing more of the cost of health care to their employees. Eighty-five percent of responding companies reported that they do not have the time or money to implement a robust wellness program.
Moreno added, "One of the main drivers of health insurance costs for an employer is the health of its employees. The only way to save companies and employees money is by improving individual health. Plus, the corporate community is expected to provide competitive benefits for their employees by offering wellness programs. Cooper Benefits can help make that happen."
Cooper Aerobics Enterprises is not disclosing the financials of the acquisition due to it being a privately-held company.
About Cooper Benefits
Co-founded by preventive medicine pioneer and "father of aerobics" Dr.
Kenneth Cooper and his son Dr. Tyler Cooper, Cooper Benefits is one of 10
health companies, along with a nonprofit education and research institute,
that makes up the world-renowned Cooper Aerobics Center in Dallas and
McKinney. Based on nearly four decades of health and wellness research and
practice, Cooper Benefits combines traditional employee benefits consulting
with custom corporate wellness programs. For more information, call (972)
560- 2690 or visit
|SOURCE Cooper Aerobics Center|
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