Wellness programs are good for business. They can lead to better performing workers, lower absenteeism and decreased healthcare and insurance costs.
Now, small businesses can be rewarded for these efforts! The Massachusetts Wellness Tax Credit Incentive gives small businesses in Massachusetts a state tax credit for having a qualified employee wellness initiative. 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, 2016.
You can learn more about Worksite Wellness and the Massachusetts Wellness Tax Credit by visiting: www.mass.gov/wellnesstaxcredit.
This week’s blog is a guest blog from the Massachusetts Department of Public Health’s Mass Public Health Blog. It was written by Shioban Torres, Worksite Wellness Coordinator in the Office of Health Promotion and Partnerships, Division of Prevention and Wellness at the Massachusetts Department of Public Health.
To check out more blogs from the Massachusetts Department of Public Health, visit http://blog.mass.gov/publichealth/.