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Alere's Dr. Michael Taitel Provides Insights Into Reducing Health and Productivity Costs During Turbulent Economic Times
Date:4/28/2009

- Taitel to speak at Annual SALGBA meeting in Denver

- Highlights include the critical relationship between health and productivity and methods for measuring the cost of poor health to employers

- Underscores how stressful economic environment impacts personal health

- Insights into how to help employees better cope in today's environment

MARIETTA, Ga., April 28 /PRNewswire/ -- With the ongoing slumping economy, many employees are experiencing increased stress and decreased health and productivity. To make matters worse, poor employee health is also adding to employers' healthcare expenditures. Michael Taitel, Ph.D., vice president of the Alere Center for Health Intelligence at Alere LLC, a leader in personal health support solutions, will provide insights about how employers can help their employees better manage stress, while increasing productivity and decreasing employee benefit expenditures at the State and Local Governments Benefits Association (SALGBA) Annual Meeting in Denver on April 29.

"Many organizations today are searching for ways to reduce expenditures," noted Taitel. "Employees are an organization's most valuable asset; however, lost employee productivity can add to an organization's financial burden. At Alere, our goal is to show employers how to help employees cope and remain productive even during tough economic times."

Taitel notes that employees today face struggles not seen for decades. A recent AARP survey noted that 20% of people 45 and older reported health problems due to financial stress yet 22% have delayed seeing a doctor due to cost.(1)

Employers are also noting the effects of today's stress on employees. A survey by AXA PPP Healthcare found that 25% of HR executives believe the majority of its employees showed symptoms of stress as a result of money worries. A surprising 75% of HR execs felt em
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SOURCE Alere
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