The rise in health care costs and chronic diseases has prompted more worksites in Massachusetts to take action to improve the health and well-being of their employees.
Employers are realizing that creating a culture of health in the workplace is good for business and can lead to better performing workers, lower absenteeism and decreased healthcare costs. By implementing comprehensive and evidence-based worksite wellness programs, employers are playing a key role in improving the health of their workforce. Worksite wellness programs are being geared towards raising employee health awareness, encouraging behavior changes, and creating supportive environments. Healthy eating workshops, lifestyle coaching, and tobacco use policies are just a few examples of the many initiatives happening today.
Now, small businesses can be rewarded for their efforts! The Massachusetts Wellness Tax Credit Incentive gives small businesses in Massachusetts a state tax credit for having a qualified employee wellness program. This is an excellent opportunity for employers to help their employees’ live healthier lifestyles and decrease healthcare costs.
Massachusetts businesses that employ 200 or fewer workers may qualify for a tax credit for up to 25% of the cost of implementing a certified wellness program, for a maximum of $10,000 in credit.
To receive certification, a business must check to see that their business and wellness program qualifies and submit an online application by December 31, 2015.
You can learn more about Worksite Wellness and the Massachusetts Wellness Tax Credit by visiting: www.mass.gov/wellnesstaxcredit.
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