June, 2019

Condition management: Tackling health care costs for employers

The Centers for Disease Control and Prevention report that chronic diseases and related lifestyle risk factors account for 86 percent of our nation’s total health care costs and are the leading drivers of health care costs for employers.¹ What’s more, it is estimated that by 2020, 83 million people will have three or more chronic diseases.²

In addition to increased medical costs and insurance premiums, employers are also impacted by indirect costs such as increased absenteeism and reduced productivity. Productivity losses from missed work due to chronic conditions cost employers $225.8 billion, or $1,685 per employee, each year.³

More: MEMBER BLOG:Condition management: Tackling health care costs for employers