Investigation of Corporate Healthcare Strategies Administered by Board of Directors Intended for Greater Employees’ Productivity: Designing Cost Effective Wellness Plans

Abstract

The research is conducted with a view to bring into attention the current global concern of healthcare. This study draws the attention towards the contribution in healthcare of individuals employed in the firm from the perspective of board of directors. The purpose of this study is to investigate the modern healthcare strategies that are influenced by the board of directors in the corporation for attaining better productivity of workforce while controlling and monitoring the cost of wellness. The strategies reviewed and recommended aid the apprehension for rising healthcare cost and provision of employee health insurance coverage. The conclusions and recommendations are supportive for the board of directors, decision makers and corporations. However, the selection of strategy should be made with further investigation of organization structure, size and employee preferences.

Keywords: Corporate governance, Healthcare Strategies, Employee Productivity, Cost of Wellness.