IN THE NEWS

Read our latest press releases and check out where we've been mentioned

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Recent Press Releases


 

 

IBI In The News




 

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Harvard Business Review | November 29, 2022
When Inflation Rises, Health Outcomes Fall

According to a study from the Integrated Benefits Institute, “for every dollar of the almost $950 billion spent on health care benefits, another $0.61 of productivity is lost to illness and injury.” 

 

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In an effort to understand the current benefits landscape, health and productivity research non-profit Integrated Benefits Institute surveyed employers across the US to understand changes to benefits plans during the pandemic, and what’s happening now with those changes.

 

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On the one hand, 21.8% of employees say they are more engaged, 20.7% say they are more satisfied and 50.8% are highly engaged, according to a new study by the Integrated Benefit Institute.

 

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Eighty-three percent of workers were remote or hybrid in October 2020 and five percent transitioned from remote or hybrid to in-person from 2020 to 2022, according to Integrated Benefits Institute’s Health and Wellbeing for the Remote and Hybrid Workforce report.

 

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$575 billion. That’s how much U.S. employers lose in lost productivity from injuries and chronic diseases in the workforce each year, according to research from the Integrated Benefits Institute cited by the CDC and the surgeon general’s report.

 

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Building Indiana | October 19, 2022
Ways to Measure Workplace Wellness Strategies

Among those companies that do offer a program, only 50% collect data to evaluate success and decide which programs to offer, according to a report from the Integrated Benefits Institute (IBI), a national nonprofit research organization.

 

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IBI’s research and review of outside research has shown that some of these challenges continue in 2022 and beyond, and employers who are addressing them as a priority might have a leg up.

 

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Another survey from the Integrated Benefits Institute, a benefits research organization based in Oakland, Calif., showed that 62 percent of employers cover paid time off for employees who need abortion services, including travel and recovery.

 

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In research done by the Integrated Benefits Institute (IBI) , many minority populations including black, indigenous, and people of color (BIPOC) and the lesbian, gay, bisexual, transgender, and queer (LGBTQIA+) community, have a lower likelihood of receiving diagnosis and treatment for mental health conditions.

 

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A recent survey of more than 200 employers by the Integrated Benefits Institute found that about 62% covered paid time off for employees that need abortion services, including travel and recovery, according to results shared with HR Dive.

 

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Nearly 62% cover paid time off for employees that have abortion services, including travel and recovery, according to the report by the Integrated Benefits Institute.

 

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A 2019 Integrated Benefits Institute study found that employees with cost barriers to care had an average of 1.9 more lost workdays per year than low-income workers without such barriers.

 

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Without offering the proper support for caregivers, employers face up to $530 billion in productivity loss per year--four times greater than maternity and fertility productivity loss, according to Integrated Benefits Institute.

 

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At its height, the pandemic cost businesses in the U.S. nearly $1 billion per week according to data from the Integrated Benefits Institute.

 

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...For employees with rheumatoid arthritis, medical and pharmaceutical costs averaged about $7,500 more per year than for those without rheumatoid arthritis, according to a 2018 report from the Integrated Benefits Institute. 

 

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...Employers spend an additional $0.61 for every dollar spent on healthcare benefits. In the same study linked above, the Integrated Benefits Institute measured the annual cost of illness-related productivity losses at $575 billion. 

 

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According to the Integrated Benefits Institute, it costs $6,000 more to treat severe hypertension than it does to treat milder cases.

 

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Human Resource Executive | Mar 23, 2022
Number of the Day: telehealth usage

One in five employees used telehealth in 2021, according to new data from the Integrated Benefits Institute, a health and productivity research nonprofit.

 

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Intelligent CXO | Mar 21, 2022
Only 46% of workplaces offer health programs

To help employers better understand the current landscape of workplace health programs to encourage the health and wellbeing of their employees, health and productivity research non-profit, Integrated Benefits Institute conducted an analysis of current offerings and trends.

 

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The report by the Integrated Benefits Institute (IBI) analyzed data from the 2020 National Health Interview Survey and the 2021 Household Pulse Survey.

 

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Data from the Integrated Benefits Institute has revealed a contrary on-ground reality. As per IBI findings, less than half (46%) of US employers are offering some type of workplace health programs to their staff.

 

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She points to research from the Integrated Benefits Institute, which indicates that depression afflicts one in eight employees and is one of the costliest conditions for employers' disability insurance policies, at $17 per employee, per year, compared with hypertension, diabetes and obesity, all of which are between $1 and $2 per employee, per year.

 

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The 2020 Benchmarking Trends report, released by the Integrated Benefits Institute (IBI), is drawn from the nation’s largest dataset of claims filed with employer-sponsored short-term disability, long-term disability, federal family and medical leave, and Workers’ Compensation benefits programs.

 

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The Integrated Benefits Institute used data from the U.S. Bureau of Labor Statistics along with its own dataset to analyze disability wage payments, state disability insurance, sick leave wages, and employee benefits for its calculation.

 

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COVID-19 absences have cost employers more than $78.4 billion, according to an analysis from the Integrated Benefits Institute (IBI).

 

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In the last 22 months, workers' pandemic-related absences have cost employers more than $78.4 billion — nearly $1 billion each week — according to a Dec. 20 analysis from the Integrated Benefits Institute.

 

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The cost to employers for absent workers due to COVID-19 is estimated to total more than $78.4 billion over the past 22 months, according to a new analysis from the Integrated Benefits Institute that seeks to quantify the pandemic’s broader productivity impacts.

 

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Employee Benefit News | Dec 27, 2021
COVID is costing employers nearly $1 billion per week

New research from the Integrated Benefits Institute has found that, on average, pandemic-related absenteeism is creating $1 billion in employer losses each week.

 

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Benefits teams and HR leaders have certainly been challenged throughout the COVID-19 pandemic in ways they might never have trained for or imagined. As fallout from the pandemic continues, these practitioners now face even greater obstacles in terms of hiring and retaining employees, all while mental health concerns continue to rise.

 

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A recent study by the Integrated Benefits Institute found that two in five employed adults report symptoms of anxiety or depression disorder—a startling 400% increase from pre-pandemic levels.

 

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Employer losses approached $1 billion a week from Jan. 22, 2020 to Dec. 8, 2021, Oakland-Calif.-based Integrated Benefits Institute, a health and productivity research nonprofit, said.

 

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According to a study by the Integrated Benefits Institute, “Due to lost time from work caused by COVID-19, employee benefits for absent workers could cost employers more than $23 billion in total.”

 

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According to a study conducted by the Integrated Benefits Institute, caregiving employees are more likely to need a leave but not take it when compared to their non-caregiving co-workers.

 

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Ragan's Workplace Wellness Insider | Nov 3, 2021
4 tips for pitching wellness benefits to the C-suite

A 2020 report from the Integrated Business Institute (IBI) showed that linking workforce health to operational methods appealed to 77% of the CFOs surveyed.

 

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Although the Integrated Benefits Institute reported employers and insurance carriers have paid nearly $11 billion in disability benefits related to COVID-19, employee access to disability insurance remains low.

 

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Buffalo Business First | Oct 27, 2021
5 considerations for businesses shopping for a health plan

A report by Integrated Benefits Institute found lost productivity from illness costs employers $530 billion annually.

 

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McDevitt, who’s the president of the Integrated Benefits Institute, tried to get her son the help he needed. But navigating the healthcare system was a nightmare — even for an expert.

 

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“The pandemic has only exacerbated longstanding problems around access to care in our broken behavioral health system,” said Kelly McDevitt, president of the Integrated Benefits Institute.

 

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Research by the Integrated Benefits Institute found that two in five employed adults reported symptoms of anxiety or depression disorder – a four-fold increase from pre-pandemic levels – and those in the South and West had the highest percentage of mental health issues.

 

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The Integrated Benefits Institute found that spending for absent workers due to COVID-19 was estimated to total $50.5 billion, a 117% increase from a previous analysis the year before.

 

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The Integrated Benefits Institute estimates that health-related work absences cost U.S. businesses nearly $530 billion each year in lost productivity, and that figure does not account for a once-every-hundred-year pandemic.

 

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The Center for Biosimilars | Aug 17, 2021
Pfizer Changes to "Opportunistic" Stance on Biosimilars

“The big story is the low uptake of biosimilars in the United States,” said Juliana Reed, MS, a vice president and Global Corporate Affairs lead for Pfizer, in a presentation for the Pacific Business Group on Health and the Integrated Benefits Institute.

 

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In the past, he served on the executive board of directors of the Integrated Benefits Institute (IBI) and the Canadian Association for Research on Work and Health.

 

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The Integrated Benefits Institute estimates that health-related work absences cost U.S. businesses nearly $530 billion each year in lost productivity, and that figure does not account for a once-every-hundred-year pandemic.

 

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"As life returns to normal, let us not lose track of the lessons learned from the past year and the need to reassess benefit programs," writes IBI President Kelly McDevitt.

 

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As Integrated Benefits Institute reported in September 2020, depression can be more costly to productivity than cancer.

 

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The nonprofit Integrated Benefits Institute reported a nearly fivefold increase in the volume of short-term disability claims cases related to respiratory conditions between February and March 2020 as compared to the year before.

 

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An analysis by the Integrated Benefits Institute estimates that the total cost of lost time from work due to the COVID-19 pandemic could reach $50.5 billion, marking a 117% increase from prior projections.

 

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Work Design Magazine | Apr 21, 2021
Workplace Metrics: Here Are 5 You Must Adopt Now

"In fact, according to a recent study from the Integrated Benefits Institute (IBI), every dollar spent on health care benefits, another $0.61 is spent on illness-related absence, disability, and reduced work output costing US employers $575 billion and 1.5 billion days of lost productivity."

 

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"Lost work time because of the pandemic has cost U.S. employers more than $50 billion, according to the nonprofit Integrated Benefits Institute. This represents a 117% increase from a previous analysis conducted a year ago."

 

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"Finally, the Integrated Benefits Institute (IBI) shows that employee benefits for absent workers due to COVID-19 could cost employers $23 billion for every 5 million [employed] people infected with the virus. IBI states that workers are also affected directly, losing an average of $2,000 in earnings even if they use all their sick days to recover from COVID-19."

 

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LetsGetChecked Blog | Apr 15, 2021
Barriers to Health Equity in a Modern World

"Additionally, an inability to receive preventive services adds up for employers, with recent statistics estimating that poor worker health costs amount to 60 cents for every dollar employers spend on healthcare benefits. [Integrated Benefits Institute]"

 

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"In other words when it comes to the value of benefits, for CFOs, money isn’t everything. Nearly half of the CFOs and senior financial executives surveyed did not agree that controlling health care costs was the most important consideration in their company’s health benefits decisions."

 

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"While research from The Integrated Benefits Institute shows private employers spend more than $880 billion annually on health care premiums alone, there’s a tremendous cost stemming from how they handle benefits invoices from carriers."

 

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Future of Business and Tech | Mar 30, 2021
How the Pandemic Has Exacerbated the Cost of Poor Health

"There are many lessons to be learned over the past year, but one of the most important may be the value of health. Chronic diseases, such as heart disease and diabetes, are among the leading causes of death in the United States. And now, these underlying chronic diseases also put individuals at higher risk for complications from COVID-19."

 

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"With many competing priorities this year, it’s important that employers continue efforts to educate their workforce about the importance of preventive care. As March is National Colorectal Cancer Awareness Month, this presents an opportune time to encourage preventive actions that can help mitigate the risk to their employees."

 

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"Even before COVID-19, routine illness cost American businesses $530 billion annually in lost productivity, according to the Integrated Benefits Institute."

 

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"According to the Integrated Benefits Institute, poor health in employees costs employers $575 billion and 1.5 million days of lost productivity annually."

 

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The New York Times Magazine | Feb 17, 2021
The Rise of the Wellness App

"Sick workers cost employers $575 billion in 2019, through missing work and showing up tired, unwell and unfocused and performing at partial capacity; that amount most likely increased significantly in 2020."

 

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"A new study from the Integrated Benefits Institute (IBI) asks whether a common tool of cancer research, patient-reported outcomes on productivity (PRO-P), could help businesses improve benefit plans. With such patient-reported outcomes, the study said, employers and insurers might learn more about the productivity value of specific interventions."

 

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"The Integrated Benefits Institute estimates this is costing U.S. employers $575 billion and 1.5 million days of lost productivity every year."

 

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"The Integrated Benefits Institute has reported that U.S. private employers spend more than $880 billion annually on healthcare premiums. The Institute also found that a growing number of those employers are starting to see an increasingly huge cost stemming from how they handle the invoices for those premiums."

PLANSPONSOR | Dec 21, 2020
New Health Benefit Offering Can Reduce Employer Health Care and Lost Productivity Costs

American Journal of Health Promotion | Dec 16, 2020
Preserving Health and Productivity in Times of Chaos

Human Resource Executive |
Dec 10, 2020

WorkersCompensation.com | Dec 9, 2020

HealthLeaders | Dec 8, 2020
Employees Poor Health Cost Employers $575B 2019

Business Insurance | Dec 8, 2020
Lost productivity linked to comp continues to decline

Forbes | Dec 8, 2020
 
Human Resource Executive | Dec 4, 2020
 
Business News Daily | Nov 30, 2020
How to Lower the Risk of Coronavirus at Work
 
BenefitsLink Welfare Plans Newsletter | Oct 23, 2020
 
BenefitsPRO | Oct 23, 2020
 
Aviation Maintenance | Oct 16, 2020
 
International Travel & Health Insurance Journal | Oct 14, 2020
 
Human Resource Executive | Oct 9, 2020
 
HR Dive | Oct 8, 2020
 
Construction Executive | Oct 6, 2020
 
BenefitsPRO | Sep 30, 2020

American Journal of Managed Care |
Sep 2, 2020
 
BenefitsPRO | Sep 2, 2020
 
Human Resource Executive | Sep 1, 2020
 
Managed Healthcare Executive | Aug 26, 2020
 
Thrive Global | Aug 21, 2020
 
HR Dive | Aug 18, 2020
 
The Center for Biosimilars | Aug 18, 2020
 
The Center for Biosimilars | Aug 17, 2020
 
The Center for Biosimilars | Aug 15, 2020
 
The Center for Biosimilars | Aug 13, 2020
 
The Center for Biosimilars | Aug 13, 2020
 
The Center for Biosimilars | Aug 12, 2020
 
BenefitsLink Welfare Plans Newsletter | Jul 27, 2020
 
 
American Journal of Managed Care | Apr 22, 2020
 
WBOC-TV | Apr 20, 2020
Making and Keeping the Workplace Safe and Healthy
 
HR Dive | Apr 20, 2020
 
HR Dive | Apr 17, 2020
 
Human Resource Executive | Apr 10, 2020
 
WorkersCompensation.com | Apr 7, 2020
 
Employee Benefit News | Apr 7, 2020
 
Human Resource Executive | Apr 7, 2020
 
American Journal of Managed Care | Apr 6, 2020
 
PatientEngagementHIT | Apr 1, 2020
 
American Journal of Managed Care | Mar 18, 2020
 
Healthcare Business Today | Dec 29, 2019
 
Workers Comp Insights | Dec 17, 2019
 
CFO | Dec 13, 2019
 
AHA News | Dec 11, 2019
 
Mind Tools Blog | Nov 27, 2019
 
MassMutual | Nov 22, 2019
 
Employee Benefit News | Nov 20, 2019
 
BenefitsLink Welfare Plans Newsletter | Nov 14, 2019
 
Alternative Therapies in Health and Medicine | Nov 3, 2019
 
American Journal of Managed Care | Oct 4, 2019
 
StarTribune | Sep 16, 2019
 
Business Breaking News | Sep 14, 2019
 
StarTribune | Sep 14, 2019
 
Employee Benefit Adviser | Aug 29, 2019
 
Employee Benefit News | Aug 27, 2019
 
Future of Business and Tech | Aug 27, 2019
 
Human Resource Executive | Aug 21, 2019
 
BenefitsPRO | Aug 8, 2019
 
HR Dive | Jul 29, 2019
 
WorkersCompensation.com | Jul 25, 2019
 
Employee Benefit News | Jul 29, 2019
 
Patient Engagement HIT | Jul 25, 2019
 
BenefitsPRO | Jul 24, 2019
 
Human Resource Executive | Jul 24, 2019
 
Employee Benefit Adviser | May 24, 2019
 
WorkersCompensation.com | May 23, 2019
 
Employee Benefit News | May 22, 2019
 
Sales & Marketing Management | May 20, 2019
 
Associated Press | May 17, 2019
 
Buffalo Business First | May 10, 2019
 
Workers' Compensation Institute | May 9, 2019
 
CFO | May 3, 2019
 
WorkersCompensation.com | Apr 30, 2019
 
Business Insurance | Apr 24, 2019
 
Anchorage Daily News | Apr 24, 2019
 
Law.com | Apr 22, 2019
 
Corporate Wellness | Apr 19, 2019
 
Workers Comp Insights | Apr 18, 2019
 
Human Resource Executive | Apr 18, 2019
 
BenefitsPRO | Apr 18, 2019
 
Business Insurance | Apr 17, 2019
 
Employee Benefit Adviser | Apr 17, 2019
 
Employee Benefit News | Apr 9, 2019
 
FierceHealthcare | Mar 15, 2019