BOTTOM LINE
Bottom Line
- For every $1.00 invested into your employee wellness program you can see $3.00 to $5.00 saved.
- For example, if your company invests $100.00 per employee you can expect a savings of $300.00 to $500.00 per employee per year.
Cost Analysis
How much are your employees costing you?
(click on the items below to view details)
- Obesity is associated with 39 million lost work days; 239 million restricted-activity days; 90 million bed days; 63 million physician visits.
- The average absence for a worker who files an obesity-related Short-Term Disability claim is 45 days, according to MetLife
- Based on research by MetLife, the CDC, and the American College of Cardiology, three main conditions related to obesity are diabetes, arthritis, and heart disease - and they cost employers more than $220 billion annually in medical care and lost productivity.
- Obese employees have much higher weight-related medical expenses and miss more work than their colleagues who maintain a healthy weight, a study shows. It places the annual cost at an additional $460 to $2,500 per obese person - those who are 30 or more pounds over a healthy weight. (American Medical Association)
- About 73 million people in the United States age 20 and older have high blood pressure.
- According to the American Heart Association, high blood pressure and its complications are expected to cost the U.S. $66.4 billion in 2007. This figure includes direct costs, such as hospital care and physician services, and lost productivity caused by death and disability from hypertension-related diseases.
- A report by Kathryn Fitch, Kosuke Iwasaki and Bruce Pyenson of Milliman, Inc., examined healthcare costs for U.S. employers and found that employees with high blood pressure averaged $619 in costs compared to $247 for those without the condition on a per member, per month basis for a demographic adjusted population.
- Stress is linked to physical and mental health, as well as decreased willingness to take on new and creative endeavors.
- Job burnout experienced by 25% to 40% of U.S. workers is blamed on stress.
- More than ever before, employee stress is being recognized as a major drain on corporate productivity and competitiveness.
- $300 billion, or $7,500 per employee, is spent annually in the U.S. on stress-related compensation claims, reduced productivity, absenteeism, health insurance costs, direct medical expenses (nearly 50% higher for workers who report stress), and employee turnover.
- Cigarette smokers are absent from work 6.5 days per year more than nonsmokers.
- Smokers cost approximately $3,830.00 per year more than non-smokers in healthcare
- Smokers make about six more visits to health care facilities per year than nonsmokers. In a study of health care utilization in 20,831 employees of a single, large employer, smokers had more hospital admissions per 1,000 (124 vs... 76 admissions), a longer average length of stay (6.47 vs... 5.03 days), higher average costs for outpatient visits ($122 vs... $75), and a higher average insured payment for health care ($1,145 vs... $762).
- Approximately eight percent of a smoker's working hours are spent on smoking rituals.
- The average smoker wastes almost a year of their working life on cigarette breaks. Three15-minute smoking breaks a day cost employers 195 working hours a year for each worker.
- That's a remarkable 8,677 hours in the average 44-year working lifetime - or nearly a whole year smoking in-stead of working
- The 2007 per capita annual costs of health care for people with diabetes is $11,744 a year, of which $6,649 (57%) is attributed to diabetes.
- Indirect Costs of Diabetes in 2007
- Estimated to total $58 billion.
- Diabetes accounts for 15 million work days absent, 120 million work days with reduced performance, 6 million reduced productivity days for those not in the workplace, and an additional 107 million work days lost due to unemployment disability attributed to diabetes.
- People with diabetes appear to experience incremental decrements in performance that may affect their careers.
- Current data from the American Diabetes Association show that people with diabetes who control their disease by keeping their blood sugar down cost employers only $24 a month, compared with the $115 a month for people with diabetes who do not control their blood sugar.
