Employee Benefit Advisor May 21, 2019
The U.S. continues to experience increasing healthcare costs, rising nearly a trillion dollars from 1996 to 2015 according to the Journal of the American Medical Association. In addition, more than 900,000 people in the U.S. die prematurely from the five leading causes of death: heart disease, cancer, chronic lower respiratory diseases, stroke and unintentional injuries each year.
Yet the Centers for Disease Control and Prevention (CDC) reported that 20% to 40% of these could be prevented. The CDC also reported that productivity losses linked to absenteeism costs employers $225.8 billion annually, or $1,685 per employee.
More than ever, employer clients are turning to technology to help support their employees’ well-being and prevent ill health before it happens, reducing absenteeism and...
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