If you're wondering where the most significant cost increases will be
in your healthcare programs, a new book released recently by MetLife can help
you make some predictions. A Year in the Life of a Million American Workers
was written to help employers identify the major injuries and illnesses impacting
their employees, and outline strategies for understanding and controlling their
disability and health-related costs.
"Many employers don't realize the significant impact that disability
can have on productivity, healthcare costs, and the bottom line," says
the book's author, Dr. Ronald S. Leopold, vice president and national medical
director of MetLife Disability. "Approximately 10 percent of an employer's
workforce will be on short-term disability leave over the course of a year.
This is the exact time when employees are consuming more than half of the company's
medical expenditures. It's critical that businesses carefully examine their
health and disability patterns in order to get a better control on costs."
A few of the trends identified by Leopold in the book include:
· The impact arthritis is having on
the workplace. This could cause employers to reengineer job tasks, jobsites,
and job tools.
· The aging workforce could drive three times the prevalence of heart
disease in the workforce in the next 10 years, forcing greater societal intolerance
for sedentary lifestyles, smoking, and obesity.
· With the aging of the workforce, cancer is likely to increase twofold
over the next 10 years. Expect to see new insurance-related penalties for risky
lifestyle choices, such
· An uptick in the incidences of stress, anxiety, and depression among
blue-collar workers, erasing the stereotype of psychiatric illnesses as being
Leopold suggests that in light of these trends, disease prevention will take
on an increasingly critical role. "Prevention of illness or injury is
the highest priority for appropriately managing workplace absences," agreed
Jane Brody, a personal health columnist, in her introductory remarks at the
MetLife conference where the book was unveiled. "Investing in prevention
and risk reduction programs, such as mental health services, physical rehabilitation
services and cardiac wellness programs, can be very beneficial to
an employer's bottom line."
You can obtain a copy of the book online at www.metlifeiseasier.com/disabilityalmanac.