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IBI Research Finds Employers Severely Underestimate the Prevalence and Lost Productivity Costs of Depression
Date:5/28/2009

itical time for U.S. employers struggling to improve both the productivity and health of their employees as they work to remain competitive in the global economy. Depression-related short-term disability (STD) claims can be expensive, extended and hard to manage; they also are common and constitute the second leading cause of disability worldwide.

A summary of the report, The Full Costs of Depression in the Workforce, is publicly available and can be accessed on IBI's Web site: https://ibiweb.org/UserFiles/File/Depression_Brief.pdf.

Key Findings

  • Approximately 10% of the more than 400,000 workers studied received medical treatment for depression during the three-year study period.
  • Only 30% of workers reporting depression receive current professional medical care according to employee self reports.
  • Nearly two-thirds of depression-related productivity losses are due to presenteeism.
  • Employees in the depression group have 44% more lost time than employees who had no depression treatment during their disability leave which cost employers $3,408 more per case.

IBI's Employer Member Solutions Board Recommends

"Increase early depression screening for disability sufferers," recommends IBI's Member Solutions Board, a group of employers and suppliers that review research findings and provide actionable recommendations. The Board for this research also suggests that employers engage a disability supplier to look at claims horizontally and get beyond the disability diagnosis to probe for claimant family and social or work/life issues. Mental health parity requirements represent an opportunity for employers to fine-tu
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SOURCE Integrated Benefits Institute
Copyright©2009 PR Newswire.
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