Forbes November 15, 2018
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Poor worker health costs U.S. employers $530 billion a year from everything from lost productivity due to worker absence and chronic conditions that cause ‘impaired performance’ to workers compensation, according to a new analysis.
Poor worker health costs amount to “60 cents for every dollar employers spend on health care benefits,” the Integrated Benefits Institute, a health research group that works with U.S. employers said in its report. U.S. employers spend $880 billion on health care benefits for their workers and dependents.
“To put this in further context, the cost of poor health to employers is greater...