Healthcare Costs

New IBI Study Finds That 1 in 3 Lower-income Workers Do Without Needed Care They Cannot Afford—Which Can Increase their Sick Days By Nearly 70%

Jul 23, 2019|

OAKLAND – July 24, 2019 – One in three lower-income employees experienced a need for health care they could not afford according to a new study from the Integrated Benefits Institute (IBI), a nonprofit health and productivity research organization. On average, employees who experienced a cost-related barrier to care had 70% more sick days than [...]

More evidence for the long-term impact of hospitalization

Jan 7, 2019|

Last month, IBI highlighted a study showing that productivity losses do not end when a hospitalized employee is discharged. Depending on the quality of care received, a hospitalization could impact an employee's earning capacity for the next three years. The study (co-authored by Thomas Parry Fellow Adelina Wang of Stanford University) focused on the experiences [...]

Press Release: Poor Health Costs US Employers $530 Billion and 1.4 Billion Work Days of Absence and Impaired Performance According to Integrated Benefits Institute

Nov 14, 2018|

Lost productivity due to avoidable workforce absence and low performance accounts for almost 63% of the cost of benefits. SAN FRANCISCO – Nov. 15, 2018 – US employers paid nearly $880 billion in health care benefits for employees and dependents. However, illness-related lost productivity costs them another $530 billion per year, per a new [...]

HDHP Benefit Design Considerations for Members on Specialty Medications

Oct 30, 2018|

Chronic diseases may affect many members, and these conditions can be costly to employers. Although the prevalence of complex, chronic diseases is low, the conditions can be costly. In an attempt to manage direct health care costs, many employers have turned to high deductible health plans (HDHPs) with health savings accounts (HSAs). Unfortunately, members [...]

Impact of Co-pay Accumulator Adjustor Programs on Specialty Drug Use

Oct 30, 2018|

How do Co-pay Accumulator Adjustor Programs (CAAPs) affect the refill adherence and discontinuation of specialty medications? Members in HDHPs with HSAs often meet their entire deductible within the first few months of the year if they are taking a specialty medication. Because of the need to have funds to cover this entire amount so [...]

2016 Integrated Health Care Report

May 18, 2016|

A summary of Anthem Inc.'s extensive research to date on integrated health care (IHC). IHC is an emerging employee benefits strategy that connects pharmacy, dental, vision, disability and absence management data to an employer’s population health program to reduce costs and improve health outcomes.The research clearly show that employers are starting to integrate their health [...]

Behavioral Health And The Workplace: Productivity Costs And Solutions

Apr 22, 2016|

Employers and their benefit advisers face a complex array of carriers and third-party administrators when attempting to choose absence and disability providers. In the past, these choices often hinged upon price alone. Recent research and surveys have demonstrated that employee absence and disability cost more than previously thought. The provider choice can ultimately have major [...]