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Dear
The Conference Committee is currently negotiating the final state budget bill.
The Assembly version contains a provision that will help make Wisconsin
healthier and I ask you to encourage your representatives on the Conference
Committee to include it in the final budget bill.
The Workplace Wellness tax credit would allow businesses to claim a 30% tax
credit for the implementing and expanding a workplace wellness program. The
provision calls for $5 million, which will be split between large and small
employers, to be allocated annually beginning in 2009 (Fiscal effect in this
biennium: $2 million).
Wellness programs have proven to be a valuable tool for businesses to reduce
their health care costs with companies seeing average returns of $3 in savings
for every $1 invested. However, the initial start up cost for many business
owners is prohibitive. By creating this incentive, the state of Wisconsin can
show it is serious about creating a healthier, more productive workforce.
Workplace Wellness programs work by first assessing an individual's risk with a
Health Risk Assessment and then put them on the path to better health through
programs such as: smoking cessation, weight management, stress management,
nutrition education, worker injury prevention, and health and fitness programs.
Through wellness programs, not only do companies have a healthier workforce,
they also see greater productivity, reductions in absenteeism, and a better work
environment.
I urge your support of workplace wellness programs and encourage you to fight
for this provision to be included in the final budget bill.
Sincerely,
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