Employers can reduce their medical costs and improve productivity by targeting specific health risks among workers, according to a new study published in the Journal of Occupational Medicine.
Researchers looked at the top modifiable health risks among employees at a large corporation to determine their health-and productivity-related expenditures. They also predicted potential cost savings from reducing risk prevalence among the employees.
Based on previous studies showing much of the overall health care costs are attributable to certain factors, the researchers examined the following health risks among the employees:
The research found that obesity, high blood pressure, high blood glucose, high triglycerides, and inadequate exercise had the greatest impact on total medical care costs. With average obesity exceeding 30% of the male and female population, according to the CDC, and medical costs associated with obesity rising 60% since 1991, it is a growing problem for many employers.
The study also looked at productivity costs, including absenteeism and presenteeism, noting that research has estimated annual costs due to lost productive time at $1,392 to $2,592 per employee at risk. In this case, depression or poor emotional health was a significant predictor of higher medical costs, as well as absenteeism and presenteeism. In fact, the study concluded that the “strongest potential for presenteeism savings lies in reducing emotional health risks" for the unidentified large Midwestern employer.
While risk factors will vary by industry, location, health and wellness programs, etc., according to a SHRM Foundation report Promoting Employee Well-Being, research suggests that American workplaces will display patterns similar to those listed below:
Risk Factor/Health Condition | Percentage of Workers | Approx. Excess Annual Medical Costs For High Risk Adults |
---|---|---|
Low intake of fruit and vegetables | 76.6% | $656 |
Overweight/Obesity | 63.1% | $1,351 |
Physical Inactivity | 49.0% | $982 |
High stress | 43.0% | $764 |
High cholesterol | 37.5% | $892 |
High blood pressure | 28.7% | $447 |
Arthritis | 26.0% | $617 |
Cigarette smoking | 20.6% | $579 |
Asthma | 8.8% | $803 |
Diabetes mellitus | 8.3% | $1,176 |
Depression | 6.4% | $804 |
Migraine headaches | 6.0% | $723 |
Alcohol abuse | 5.0% | $386 |
Understanding the prevalence of these factors among your workforce, along with the costs, is an effective way to identify health challenges and set priorities.