Webinar December 16: The Cost of Poor Health in the Workplace

Every year, chronic illnesses and injuries among the U.S. workforce cost employers billions of dollars due to absences and lost productivity. How much exactly? IBI recently updated its Full Cost Estimator (FCE), a proprietary online tool that analyzes the costs of poor health in the workplace including absence, disability, presenteeism, and opportunity costs. IBI's Research [...]

Cost of Poor Health Infographic (2019 Data)

Every year, chronic illnesses and injuries among the U.S. workforce cost employers billions of dollars due to absences and lost productivity. How much exactly? IBI recently updated its Full Cost Estimator (FCE), a proprietary online tool that analyzes the costs of poor health in the workplace including absence, disability, presenteeism, and opportunity costs. For every [...]

Costs of Delays in Reporting Workplace Injuries and Processing Worker’s Compensation Claims

IBI analyzed 2010-2017 Worker’s Compensation (WC) medical-only and indemnity claims to determine whether lag times in reporting occupational injuries and opening WC claims had any impact on claim costs. Major findings include: Each additional day that elapsed between the injury date and the date the claimant reported it to the employer was associated with a [...]

IBI Costs of Poor Health Infographic

Note: On December 8, 2020, we released an updated analysis based on 2019 data. The latest press release can be found here: https://www.ibiweb.org/poor-health-costs-us-employers-575-billion/ US employers paid nearly $880 billion in health care benefits for employees and dependents, but how much does illness-related lost productivity cost employers? IBI uses data from IBI’s Full Cost Estimator, a [...]

The Value of Return To Work Programs Infographic

IBI surveyed 256 human resources and benefits managers about their company’s return-to-work (RTW) resource and matched responses to their company’s short-term disability (STD) claims outcomes in IBI’s Health and Productivity Benchmarking system. This infographic provides a visual summary of the findings. The good news: Companies with RTW resources saw bigger year-over-year declines in their disability [...]

The Value of Disability Return To Work Programs

IBI surveyed 256 human resources and benefits managers about their company’s return-to-work (RTW) resource and matched responses to their company’s short-term disability (STD) claims outcomes in IBI’s Health and Productivity Benchmarking system. This report provides the findings of the analysis to find: The good news: Companies with RTW resources saw bigger year-over-year declines in their [...]

Crossing Over: Do Benefits and Risks Managers Have Anything to Talk about? Slides

To shed light on risk and benefits managers’ overlapping interests in a more coordinated approach to disability prevention and case management, IBI analyzed three years’ of claims data from four large employers with STD and WC programs managed by Sedgwick Claims Management Services. Over 20,000 claims – about 14,000 non-pregnancy STD claims, about 1,100 WC [...]

Crossing Over: Do Benefits and Risks Managers Have Anything to Talk about? Executive Summary

Many employers still manage their occupational and non-occupational disability systems in separate short-term disability (STD) and Workers’ Compensation (WC) silos – often with little or no sharing of claimants’ health risk information, coordination of engagement, prevention, or return-to-work (RTW) and remedial interventions. This may lead to missed opportunities to identify employees who are at a [...]

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