Benita Dodd, Vice President, Georgia Public Policy Foundation
Health Policy Briefs
Compiled by Benita M. Dodd
Sick workers cost the nation $576 billion in lost productivity every year, Joanne Sammer reports in Businessfinancemag.com
, citing the non-profit Integrated Benefits Institute
. There’s $117 billion for wage replacement, including incidental absence due to illness, workers’ compensation, short-term disability and long-term disability. There’s another $232 billion for medical and pharmacy costs, including workers’ compensation, employee group health medical treatments, employee group health pharmacy treatments. And there’s $227 billion in lost productivity from absence due to illness and presenteeism (being at work but not performing at the usual level because of illness or poor health).
Wellness programs paying off for employers: