Health-related Productivity Costs
While oﬀering health coverage and beneﬁts for employees and dependents is a major business expense, lost productivity due to physical and emotional health problems can be much more expensive for employers. To combat lost productivity, employers can consider:
Oﬀering health fairs, screenings and health risk assessments
Addressing conditions that aﬀect many employees
Integrating health beneﬁt strategies with wellness initiatives
Designing a beneﬁts package to support ideal behaviors
If an employer doesn’t address employee health care needs, the workplace is far more likely to experience the negative eﬀects of diminished productivity. However, if the organization can commit time and funds to help employees get and stay healthy, it can reduce medical and pharmacy costs and increase worker productivity.