Recent Press Releases
In the News
Benefits Pro May 26, 2020
"Healthier patients leads to a healthier community from which employers draw their workforce, which can have a profound impact on an organization’s bottom line."
KSL-TV May 15, 2020
"Before the outbreak of a global pandemic, health issues were already causing a hefty financial burden for businesses. According to a report released by the Integrated Benefits Institute, illness-related absences cost employers $530 billion in the year 2017."
BenefitsPRO May 8, 2020
"The Integrated Benefits Institute has estimated that the pandemic could leave insurers with at least 648,000 short-term disability insurance claims, and a total of about $4.9 billion in short-term disability benefits bills."
HR Dive May 7, 2020
"The total cost of the COVID-19 pandemic to employee benefit plans could exceed $23 billion, provided that the U.S. records over 15 million cases of the disease."
Human Resource Executive May 7, 2020
"For employers and HR leaders, inclusion of patient-centered outcomes in benefits planning can serve to expand focus beyond healthcare costs and to include broader measures of organizational value."
Think Advisor May 1, 2020
"The Integrated Benefits Institute has estimated that the pandemic could leave insurers with at least 648,000 short-term disability insurance claims, and a total of about $4.9 billion in short-term disability benefits bills."
"Moreover, the financial impact on businesses has been noted, with a study from Integrated Benefits Institute (IBI) indicating that employee benefits for absent workers could cost employers more than $23 billion in total."
WBOC-TV Online Apr 20, 2020
"'To put this in further context, the cost of poor health to employers is greater than the combined revenues of Apple, Amazon, Microsoft, Netflix, eBay, and Adobe,' said Thomas Parry, Ph.D., IBI President."
HR Dive Apr 20, 2020
"Overall, the pandemic could cost employer-sponsored healthcare plans as much as $23 billion, depending on the number of U.S. citizens infected, according to the Integrated Benefits Institute."
HRDive Apr 17, 2020
"The total cost to U.S. employee benefit plans caused by the COVID-19 pandemic could exceed $23 billion, according to a report published earlier this month by the Integrated Benefits Institute (IBI), a research nonprofit."
Human Resource Executive Online Apr 10, 2020
“'There’s tremendous anxiety and stress around being a caregiver,' says Tom Parry, president of the Integrated Benefits Institute. If employees have to miss work as a result, it may mean their workloads are shifted to other employees, ratcheting up their co-workers’ stress as well, Parry says."
WorkersCompensation.com Apr 7, 2020
"A new report suggests employers and insurers could avoid paying out significant sums by taking all prevention measures for the coronavirus."
Employee Benefit News Apr 7, 2020
"As employers absorb the broader impact the COVID-19 pandemic is having on their businesses and employees, new data shows that sick leave and short-term disability payments could exceed $23 billion for employers."
Human Resource Executive Apr 7, 2020
"Lost time from work due to COVID-19 could cost employers more than $23 billion in benefits for absent workers, impacting up to 5.6 million employees, new research finds."
"In a study released today by the Integrated Benefits Institute (IBI), researchers found that due to lost time from work caused by the coronavirus disease 2019 (COVID-19), employee benefits for absent workers could cost employers more than $23 billion in total."
PatientEngagementHIT Apr 1, 2020
"Data from a 2019 Integrated Benefits Institute (IBI) survey found that high medical costs limit care access for a third of low-income workers."
AJMC Mar 18, 2020
“'Given that employers cover the healthcare for about 60% of all non-elderly adults, it is clear that employers have an important role to play in supporting patient-centered care and better aligning programs with patient needs,' said Parry."
FitSmallBusiness Feb 25, 2020
"Employers within the US paid nearly $880 billion in healthcare benefits for employees and dependents in 2018. However, illness-related lost productivity costs them another $530 billion per year"
BIO IT World Feb 25, 2020
"Employers collectively paid nearly $880 billion in healthcare benefits for employees and dependents in 2018. On average, employers lose another $580 billion per year due to lost productivity from illness."
Things That Make People Go Aww Jan 23, 2020
"According to the Integrated Benefits Institute, 5.6% of Americans will experience being disabled for at least 6 months, as a result of injury or illness. A statistic that makes you realize that you really should know what to do if you are affected in this way."
HR Dive Jan 15, 2020
"It hints a shift towards trying to take patients off the hook for the price of their care, but "that's not exactly revolutionary," IBI's Parry said. "It really demonstrates how tough it is to change the healthcare system.""
Healthcare Dive Jan 14, 2020
"As healthcare costs continue to rise in the U.S., payers and providers are scrambling to find new ways to eke out savings. But often the conversation fails to loop in the entities responsible for insuring more than 55% of the country: employers."
Debt Free Guys Jan 14, 2020
"Are you taking full advantage of ALL your workplace benefits? If you experienced workplace disability issues, would you be protected?"
BenefitsPro Online Jan 13, 2020
"We all know the health care system is rife with wasteful spending. But when researchers from a prestigious institution like the University of Pittsburgh School of Medicine estimate that waste at 25 percent of all spending, alarm bells go off. And it got me to wondering what the magnitude of employer health care spending might be."
Healthcare Business Today Dec 29, 2019
"A 2018 study from the Integrated Benefits Institute found that lost productivity due to illness or injury is costing U.S. employers $530 billion per year."
Workers Comp Insights Dec 17, 2019
"On average companies lost more than $1 billion a week due to disabling workplace injuries and illness-related lost productivity costs another $530 a year, according to data from the Integrated Benefits Institute."
CFO Dec 13, 2019
"With health care spending growing faster than the economy and likely to reach 20% of GDP by 2027, U.S. employers are forced to make health care cost control a top priority, sometimes to the detriment of their employees and business performance."
AHA News Dec 11, 2019
"Health also impacts the economic well-being of our communities. Lost productivity from illness-related employee absenteeism, for example, costs employers a total of $530 billion per year, according to the Integrated Benefits Institute."
Mind Tools Blog Nov 27, 2019
"The organization’s structural, procedural and cultural practices will go a long way towards determining how successful any reintegration is."
MassMutual Nov 22, 2019
"Your income — when viewed over your entire career — is often your single, most important asset. A permanent disability, therefore, can have a significant impact on you and your family. The figures below demonstrate the potential financial loss of future earnings if you were to become permanently disabled."
Employee Benefit News Nov 20, 2019
"In fact, a report from the Integrated Benefits Institute, a nonprofit health and productivity research organization, found that lost productivity due to illness costs U.S. businesses $530 billion per year, with $198 billion lost because of impaired on-the-job performance due to health problems."
BenefitsLink Welfare Plans Newsletter Nov 14, 2019
"In the U.S. nearly half of all employers -- and nearly all employers with at least 500 workers -- offer health and wellbeing programs ... These ... efforts will not produce the desired results if participation is low.... Align the health of the workforce with the core values of the team.... Make the business case to obtain leadership buy-in ... Cultivate models of healthy behavior ... Make the right choice the easy choice."
Alternative Therapies in Health and Medicine Online Nov 3, 2019
"When you reduce stress through mindfulness, you improve productivity and decrease healthcare costs, according to data presented today at The Integrated Benefits Institute and Conference Board Health and Productivity Forum in Chicago."
American Journal of Managed Care Oct 4, 2019
"Low-wage earners in a company face a larger burden in access to care compared with high-wage earners, but not all employers recognize this and design benefits with this in mind"
Star Tribune Sep 16, 2019
"Care avoidance is costing your businesses a lot of money too — illness-related productivity loss cost an estimated $530 billion last year, according to the Integrated Benefits Institute. And businesses can’t afford to have unhappy employees in today’s competitive labor market."
Business Breaking News Sep 14, 2019
"Care avoidance is costing your businesses a lot of money too — illness-related productivity loss cost an estimated $530 billion last year, according to the Integrated Benefits Institute."
Star Tribune Online Sep 14, 2019
"Businesses can’t afford to have unhappy employees in today’s competitive labor market."
Employee Benefit Adviser Aug 29, 2019
"Without proper coverage, the cost to an individual or family can be devastating, and it also has a significant impact on business. Poor health, resulting in impaired performance or outright absences, costs U.S. employers $530 billion a year"
Employee Benefit News Aug 27, 2019
"“I'm very intrigued by this new policy statement by the 180 CEOs because it would imply that corporations understand they've got to organize and do things differently,” Parry says. “It cannot be that shareholder value is the only thing that matters … at the expense of employees’ health and their ability to have a good and productive life outside the workforce.”"
Future of Business and Tech Aug 27, 2019
"Mental health is a key component of employee wellbeing and an employee’s ability to show up for work and perform at high levels. Unfortunately, almost 20 percent of the U.S. workforce suffers from some form of mental illness, and yet our data show that two-thirds of these employees never seek treatment. To make matters worse, the problem is underreported, and employees face numerous barriers to receive the care they need. "
Human Resource Executive Aug 21, 2019
"Research from the Integrated Benefits Institute recently found that one-third of workers go without needed care because they can’t afford it."
BenefitsPro Aug 8, 2019
"Disability Insurance Awareness Month came to a close in May, but its messages are as relevant as ever. The seriousness of those messages creates the opportunity—and responsibility—for benefits managers and advisors to engage with employers well ahead of open enrollment. Like May, open enrollment will arrive—and be over—all too soon."
HR Dive Jul 29, 2019
"One in three workers with annual family incomes less than $35,000 experienced a cost-related barrier to obtaining medical care between 2007 and 2017, according to a study by the Integrated Benefits Institute (IBI)"
WorkersCompensation Jul 25, 2019
"Employers trying to save money by reducing shared healthcare costs with employees end up paying through lost productivity, suggests a new study. "
Employee Benefit News Jul 29, 2019
"Even when low-income workers — or those with annual family incomes of less than $35,000 — have employer-sponsored insurance, hurdles like high deductibles, coinsurance and drug prices can keep healthcare out of their reach, according to a new report from the Integrated Benefits Institute. The study found that one in three low-income employees needed healthcare they could not afford."
Patient Engagement HIT Jul 25, 2019
“'We were not surprised that a lot of people put off or did without medical care because they just couldn’t afford it,' said Brian Gifford, PhD, IBI’s research director and the study’s lead author. 'More and more studies show that even people who have jobs with health benefits cut back on necessary health care services due to the out-of-pocket costs of high deductibles, copayments, and coinsurance.'”
Benefits Pro Jul 24, 2019
"According to a new study from the Integrated Benefits Institute, someone who skips care when he needs it is also costing his employer money that might better be spent elsewhere. The report says that one out of three lower-income employees skip or delay care that they need because they can’t afford it—and that results in a nearly 70 percent increase in sick days."
Human Resource Executive Jul 24, 2019
"Research out Wednesday from the Integrated Benefits Institute finds that one-third of workers go without needed care because they can’t afford it, which can increase their sick days by almost 70%. The analysis comes as deductibles, copayments and coinsurance costs continue to rise as a growing number of employers put the onus on workers as they try to manage their healthcare spend."
Employee Benefit Adviser Online May 24, 2019
"The data provides an opportunity to communicate pragmatically to the C-suite about the current health status of the workforce, opportunities to make improvements and the results of interventions around cost, lost work time and productivity."
WorkersCompensation.com May 23, 2019
"New research shows the average time spent sitting has increased by nearly an hour each day. Extended periods of sitting have been linked to a variety of chronic conditions and other physical ailments, such as cardiovascular disease, cancer, increased risk of obesity and overall mortality."
Employee Benefit News Online May 22, 2019
"In our research work with chief financial officers over the past 15 years, we have learned how broadly these leaders think about their health programs. Putting aside the need to control costs, which CFOs always recognize once a program is put in place, our latest study found that CFOs seek several goals."
Sales & Marketing Management May 20, 2019
"According to the Integrated Benefits Institute, “presenteeism,” which is wellness jargon describing people showing up at the office, but not really being present, costs U.S. employers $530 billion annually alone."
Global Banking & Finance Review May 17, 2019
"Dan Jolivet, workplace possibilities consultant for The Standard, is presenting May 21 at the Integrated Benefits Institute and Pacific Business Group on Healths Regional Forum. The daylong symposium, taking place at the Marriott Union Square in San Francisco, will focus on best practices to improve behavioral health care, access and experience through enhancements in benefit design, onsite clinic-based services, employee assistance programs and absence management."
Buffalo Business First Online May 10, 2019
"A report released in November 2018 by the Integrated Benefits Institute found that illness-related lost productivity costs U.S. employers a total of $530 billion per year, with $198 billion from impaired performance attributed to chronic health conditions and $82 billion related to opportunity costs of absence (missed revenues, costs of hiring substitutes, and overtime)."
Workers' Compensation Institute May 9, 2019
"'There’s a very high proportion of people using prescription pain relievers in the workforce,' said Eric Peterson. 'This tells us that pain is a big problem for employees.'"
CFO May 3, 2019
"Any illness that keeps employees away from their jobs or prevents them from putting in their best performance means companies lose more than just the costs of getting sick people well again. They lose all the value that healthier employees would have created."
WorkersCompensation Apr 30, 2019
"“There’s a very high proportion of people using prescription pain relievers in the workforce,” said Erin Peterson. “This tells us that pain is a big problem for employees.” Peterson, a researcher at the Integrated Benefits Institute, authored a study showing the extent of pain among U.S. workers and their efforts to alleviate it."
Business Insurance Apr 24, 2019
"“I think the magnitude was not something we anticipated, but we did anticipate that there would be more than a trivial number of people who would have some use of prescription medications,” said Brian Gifford, Oakland-based director of research and analytics for the independent research firm that helps companies link data with health programs to enhance productivity and business performance."
Anchorage Daily News Apr 24, 2019
"Health and productivity research group the Integrated Benefits Institute estimates that lost productivity due to illness costs U.S. employers about $530 billion annually."
Law.com Apr 22, 2019
"Use of prescription pain medications are associated with approximately 261 lost workdays per 1,000 workers per month, according to a new study released by the Integrated Benefits Institute"
Corporate Wellness Apr 19, 2019
"Another very sizeable consideration is the fact that ill-health related productivity loss is estimated to cost the U.S. economy in excess of $530 Billion annually, based upon 2018 data from the Integrated Benefits Institute, a San Francisco-based leader in benchmarking in the health and productivity market. Similarly, the lost productivity is the U.S. amounts to over 1.4 Billion days of absence or impaired performance annually."
Workers Comp Insights Apr 18, 2019
"According to a study from the Integrated Benefits Institute (IBI), about a third of the workforce uses prescription pain medications, most under the treatment of a physician. “Opioids, Pain and Absence” The Productivity Implications of Substance Use Among U.S. Workers” is their analysis on workplace costs related to problematic use of pain relievers."
Human Resource Executive Apr 18, 2019
"When it comes to addressing the opioids epidemic, the implications for employers often center on the risk of on-the-job accidents or difficulties in filling job vacancies in areas heavily affected by addiction and dependence. But according to the IBI study, “this may not only underrepresent the more pervasive productivity impact of lost work time, but also obscures the larger issues of chronic pain and substance use more generally.”"
BenefitsPRO Apr 18, 2019
"“The high rates of prescription pain medicines among employees indicates a much larger issue for employers than lost productivity,” says IBI researcher Erin Peterson, MPH, the report’s first author. “The significant number of sick day absences by employees who use pain relievers without problems likely doesn’t represent the full impact. As most people abusing opioids started with prescribed medications, this is a very large number of people at risk for developing problematic behaviors associated with pain relievers.”"
Business Insurance Apr 17, 2019
"One in three workers reported using pain relievers with the majority of those on prescriptions drugs and under 5% of workers reported abuse of pain relievers or dependence, according to a study released Wednesday by the Integrated Benefits Institute."
Employee Benefit Adviser Apr 17, 2019
"“We’re in real market transition right now, and employers are finally driving this in a way they haven’t driven it before,” says Tom Parry, president of the Integrated Benefits Institute"
Employee Benefit News Apr 9, 2019
Employers are not only looking for individual solutions; they’re turning to one another to increase their market power and to make meaningful changes for themselves and their employees. “We’re in real market transition right now, and employers are finally driving this in a way they haven’t driven it before,” says Tom Parry, president of the Integrated Benefits Institute
FierceHealthcare Mar 15, 2019
"As price and upfront cost continue to dominate the headlines, a substantive policy conversation among all different healthcare stakeholders about what constitutes value is needed. Without such inclusive dialogue, the value narrative will continue to revolve solely around “whether to pay or not to pay” for a particular intervention."
Future of Business and Tech Mar 11, 2019
"You’d be hard-pressed to find a CEO or CFO that would accept their business expending the equivalent of almost two-thirds of their health care dollars on lost productivity, and most would agree we can’t afford to ignore the health of our workforce. "
The Wellable Blog Mar 6, 2019
"Unwell employees cost U.S. employers $530 billion in productivity each year. That lack of productivity translates to decreased innovation, creativity, and engagement. Research indicates that well-being closely relates to key health outcomes such as lower rates of healthcare utilization, workplace absenteeism and workplace performance, reduction in obesity status, and the occurrence of chronic diseases."
National Observer Feb 20, 2019
"Treating the psychological effects of climate change won’t come cheap. The Integrated Benefits Institute, a nonprofit insurance research group, notes that mood disorders lead to lost productivity and expensive short-term disability leaves."
Mother Jones Feb 18, 2019
"For every 1,000 US employees, mood disorders in the workforce cost about $232,000 in excess health care treatments and lost work time, and disability claims for mood disorders cost about $9,800 per employee. “These are not trivial,” says Brian Gifford, IBI’s director of research and analytics."
Employee Benefit News Feb 13, 2019
"Companies need to look beyond just the financial numbers, experts say. Instead, look at the bigger picture, from health risk and claims data to how new treatments and therapies can impact employee productivity and presenteeism, as a way to improve customer service and save on health costs."
WorkersCompensation Feb 8, 2019
"Bitter cold temperatures drive some workers to experience mood disorders, according to new research. The findings are especially noteworthy, as claims associated with mental health issues typically incur more lost work days than many other conditions."
Buffalo Business First Jan 18, 2019
"A recent report by Integrated Benefits Institute found that lost productivity from illness costs employers $530 billion annually, or 60 cents for every dollar they spend on health coverage."
WebWire Dec 10, 2018
"Employers ... spend more than $880 billion on healthcare."
Employee Benefit Adviser Nov 29, 2018
“When two large companies merge in different segments of the healthcare industry, one of two outcomes is often the case: better integrate their operations to drive broader value to employers — in this case, better medication adherence, better care, lower costs and greater productivity. Or operate the two entities as stand-alone with a segmented profit-maximizing focus. We’ll watch closely to see which model prevails.”
Employee Benefit News Nov 20, 2018
“It’s critical that employers understand how strategies for managing healthcare spend — such as cost- shifting to employees or ensuring better access and more cost-effective care — can impact the kinds of conditions that drive illness-related lost productivity.”
The Fiscal Times Nov 16, 2018
“To put this in further context, the cost of poor health to employers is greater than the combined revenues of Apple, Amazon, Microsoft, Netflix, EBAY and Adobe.”
BenefitsPRO Nov 15, 2018
"Not only do employees covered by sick time, workers’ compensation, disability and family and medical leave benefits miss about 893 million days a year due to illness, they also rack up an estimated 527 million lost work days due to impaired performance."
Workers Compensation Nov 15, 2018
"US employers spent $880 billion for healthcare-related expenses in 2017, which averages out to 60 cents of every dollar that employers spent."
Forbes Nov 15, 2018
“There’s not a CEO or CFO that can placidly accept their business expending the equivalent of almost two-thirds of their health care dollars on lost productivity. Illness costs this country hundreds of billions of dollars and we can no longer afford to ignore the health of our workforce.”
Market Screener Nov 8, 2018
"[E]mployers would save $4.4 million in lost productivity costs ($3.2 million from reduced short-term disability incidence, and another $1.2 million from declining disability duration)."
Pfizer Nov 7, 2018
"An Integrated Benefits Institute study of 17 employer groups found that if all 5,483 employees with RA who were previously non-adherent to RA medicines began to fill their prescriptions at the same rate as those who did adhere, their employers would save $4.4 million in lost productivity costs."
Pfizer Nov 7, 2018
"Researchers at the Integrated Benefits Institute found that a decrease in rheumatoid arthritis medicines led to increased incidence and longer duration of short-term disability leave."
Employee Benefit News Aug 10, 2018
"IBI's research shows how often employers’ short-term disability (STD) insurance policies incur claims for several conditions impacted by climate change. These result in lost income for employees and lost productivity for employers and society-at-large—all of which may become more severe in the wake of extreme climate events."
BenefitsPRO Jul 5, 2018
"Employers may tackle time away from work program issues individually to meet an immediate need, or collectively as a comprehensive strategy. Such a strategy would include data analytics across health and lost-time programs, absence policies that meet today’s needs for the employer and employee, health and wellness programs targeting modifiable health behaviors, and absence program administration that is aligned to operational goals."
American Journal of Pharmacy Benefits Jun 20, 2018
“Even though migraine is common, employers have not focused on it because the treatments have been relatively inexpensive. The productivity losses we found in this report should help a lot of companies understand the real impact it has on their bottom line—especially considering that migraine is both underdiagnosed and undertreated."