UnitedHealth Group Inc (NYSE:UNH) promoting employee health through volunteerism
The Los Angeles Business Journal has awarded UnitedHealth Group Inc (NYSE:UNH) it’s Corporate Social Responsibility Award for 2013. The award is a part of the Journal’s Non-profit & Corporate Citizenship Awards. These awards recognize companies and nonprofits in Southern California for their volunteerism, sponsorships and donations. UNH received the award for its collective efforts in promoting, encouraging and organizing company-sponsored events and/or programs. It also recognizes engagement of employees in volunteerism.
In 2012, over 2,000 UNH employees in the Los AngelesCounty provided almost 5,000 volunteer hours to area non-profits. The activities ranged from assisting in sorting canned goods at local food-banks to participating in various local health-fairs.
Over the past several years, the company’s California Health Care Investment Program has provided Los AngelesCounty’s healthcare organizations with financing of over $53M. These organizations provide care to underinsured and underserved communities in the area. Almost $50,000 was provided to Bienvenidos to help the non-profit purchase, help staff and equip a mobile-clinic. This was an expansion initiative to care for adults, children and families across East Los Angeles.
In conjunction with the Optum Institute, UnitedHealth Group (NYSE:UNH) released a new study that found that volunteering is directly linked to better mental, physical and emotional health. The Health and Volunteering Study revealed that 76% of adults in the U.S, who volunteer have reported that volunteering makes them feel healthier, physically. Around 78% reported that volunteering lowered their stress-levels. The study also indicates that employers also benefit from employees who opt to volunteer in terms of better professional-skills and employee-health.
What is volunteering?
Volunteering is allocating your time for a good cause. You do not receive any payment but you get the chance to utilize your talents and develop skills. It is a pleasure to make a real difference to the lives of other people and well as your own. Anyone can volunteer, irrespective of age, work experience or background. Everyone possesses some skills that can be of use to someone else. Increasingly, apart from non-profits, corporates are also leaning towards volunteerism and encourage their employees to participate in them.