Navigation Links
Poll of Business Executives Shows Most Companies Not Aware of True Costs of Healthcare
Date:7/10/2009

MARIETTA, Ga., July 10 /PRNewswire/ -- Contrary to a conventional perspective among business executives that the top healthcare cost drivers for employers are pharmacy and medical expenses, research presented during a recent online webinar, hosted by Source Media, showed that lost workplace productivity due to chronic and other illnesses is actually more costly to employers. The purpose of the webinar was to clarify the true cost drivers because, as three-quarters of webinar participants who responded to the webinar poll indicated, many employers are still focusing primarily on reducing medical and pharmacy costs.

Presenting the research was Ron Loeppke, MD, MPH, executive vice president of health and productivity strategy for Alere, who led a recent multiemployer study demonstrating that for every dollar an employer spends on medical and pharmacy expenses, they spend $2.3 on health-related productivity costs. The study, published in the April edition of the Journal of Occupational and Environmental Medicine, examined the effects of absenteeism and presenteeism, which occurs when employee workplace performance is impaired by a health condition. The study was sponsored by the American College of Occupational and Environment Medicine and conducted by the Alere Center for Health Intelligence in conjunction with the Integrated Benefits Institute.

Some 180 of the nation's top employers, health plans and benefit consulting firms learned about the study and other key facts while participating in "The Business Case for Better Health" webinar hosted by SourceMedia, publishers of Employee Benefits News and Employee Benefit Adviser. Nearly 74 percent of webinar participants who responded to the poll stated that pharmacy and medical expenses were the top cost drivers for their healthcare benefit programs, while 75 percent noted that the primary reason they offere
'/>"/>

SOURCE Alere
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine news :

1. Businesses, Community Leaders Invited to Come Together to Examine the Rising Cost of Healthcare
2. Landrieu, Snowe Convene Roundtable on Healthcare for Small Businesses
3. Nuvilex, Inc. Announces Business Update Conference Call
4. KePRO Names Two New Business Development Directors
5. National Business Group on Health Recognizes Blue Cross Wellness Program
6. Providence Service Corporation Does Not Expect California Budget Issues to Materially Impact Its Business in the State
7. Finally a Health Care Option for Small Businesses
8. Better Business Bureau Selects Language Line Services for New Language Access Program
9. SecureWorks Closes Acquisition of VeriSigns Managed Security Services Business
10. Businesses Urged to Sign Up and Celebrate Customer Service
11. Health Care Reform Details Emerge with 'Play or Pay' Requirements, Leaving Some Wondering about Small Business Owner Insurance
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/21/2014)... (HealthDay News) -- Among seniors, dimming vision may be ... involved more than 2,500 people, aged 65 to 84, who ... two, six and eight years later. Vision loss over ... of death during the study period, the researchers reported. ... by Sharon Christ of Purdue University in West Lafayette, Ind., ...
(Date:8/21/2014)... New York, New York (PRWEB) August 21, 2014 ... ) filed against C.R. Bard, Inc. continue to ... in U.S. District Court, Southern District of West ... Pretrial Order issued on August 14th, the Court ... biomaterials evidence that requires special handling, division, storage ...
(Date:8/21/2014)... is to focus on her body in terms of ... her as a complete human being with thoughts and ... in the media, how does it affect individual romantic ... Quarterly , a SAGE journal, finds that more objectification ... incidents of sexual pressure and coercion., Researchers Laura R. ...
(Date:8/21/2014)... The results of a large, retrospectives ... of the American Medical Association (JAMA) show that 3D ... unnecessary recalls. Memorial Healthcare System was one of 13 ... study confirms what we already know – 3D mammography ... to find and, at the same time, saves women ...
(Date:8/21/2014)... 2014 The report "Industrial Flue ... Control System (FGD, DeNOx, Particulate Control, Mercury Control) ... Chemical & Others) - Global Trends & Forecasts ... flue gas treatment systems & services market with ... in terms of value. The industrial flue gas ...
Breaking Medicine News(10 mins):Health News:Failing Vision Tied to Shorter Lifespans for Seniors 2Health News:Transvaginal Mesh Lawsuits Move Forward in Federal C.R. Bard Litigation with Issuance of New Pretrial Order, Bernstein Liebhard LLP Reports 2Health News:Transvaginal Mesh Lawsuits Move Forward in Federal C.R. Bard Litigation with Issuance of New Pretrial Order, Bernstein Liebhard LLP Reports 3Health News:Objectification in romantic relationships related to sexual pressure and coercion 2Health News:Dr. Mary Hayes: Study Shows 3D Mammography Finds More Invasive Cancers While Reducing Unnecessary Recalls 2Health News:Industrial Flue Gas Treatment Systems Market Estimated to Worth $59, 546.7 Million by 2019 – Report by MarketsandMarkets 2Health News:Industrial Flue Gas Treatment Systems Market Estimated to Worth $59, 546.7 Million by 2019 – Report by MarketsandMarkets 3Health News:Industrial Flue Gas Treatment Systems Market Estimated to Worth $59, 546.7 Million by 2019 – Report by MarketsandMarkets 4
... Annual buy-back program expects to collect 16 tons of ... American consumes more,than 24 pounds of candy per year, ... Halloween*. For most people, this year,s candy noshing will,simply ... 5 million,North Americans in orthodontic treatment, Halloween treats can ...
... Pain Following Ostomy,Surgery, SKILLMAN, N.J., Oct. 28 ... care products, announced today the launch,of SUR-FIT Natura(R) ... offers clinicians and ostomy patients a simple and,gentle ... and weeks following,surgery., The SUR-FIT Natura(R) Low-Pressure ...
... Par,Pharmaceutical Companies, Inc. (NYSE: PRX ) announced today that ... November 7, 2008 at 9:00,am EST to review results for ... results after the market closes on Thursday,November 6, 2008. The ... http://www.parpharm.com ., Access to the live webcast can be ...
... a Necessity, WASHINGTON, Oct. 28 Recent ... regular vacations contribute to,better health, relationships and job ... don,t vacation regularly are 32 percent more likely,to ... more likely.(1) In an effort,to encourage Americans to ...
... announced that despite an overall increase in news reporting ... media coverage has become significantly more negative. "How the ... breast, colorectal and prostate cancer coverage, was an independent ... analyses were issued in 2000 and 2004. The report ...
... 28 For World Psoriasis,Day, Oct. 29, the ... Web site, http://www.psoriasis.org, and sign up ... disease of the,immune system that appears on the ... Day, awareness activities will,occur all over the world ...
Cached Medicine News:Health News:Orthodontists Offer Sweet Incentives for Tricky Halloween Treats 2Health News:Orthodontists Offer Sweet Incentives for Tricky Halloween Treats 3Health News:ConvaTec Launches SUR-FIT Natura(R) Low-Pressure Adaptor 2Health News:ConvaTec Launches SUR-FIT Natura(R) Low-Pressure Adaptor 3Health News:Video: Regular Vacations: Prescription for a Healthy Lifestyle 2Health News:Video: Regular Vacations: Prescription for a Healthy Lifestyle 3Health News:Media coverage of lung cancer is increasing, and increasingly negative, new report shows 2Health News:National Psoriasis Foundation Seeks 10,000 Americans to Support Psoriasis Research for World Psoriasis Day 2Health News:National Psoriasis Foundation Seeks 10,000 Americans to Support Psoriasis Research for World Psoriasis Day 3
(Date:8/21/2014)... YORK , August 21, 2014 ... Israeli subsidiary, BreedIT Ltd., the exclusive worldwide license ... software for plant breeders and researchers, today is ... a joint venture with Seach Ltd, a leading ... formed to research and develop new breeds of ...
(Date:8/21/2014)... 2014  AliveCor, Inc. announced today that ... has granted the company clearance for its ... most common form of cardiac arrhythmia. AliveCor,s ... patients are experiencing AFib through real-time electrocardiogram ... based AliveCor® Heart Monitor, so physicians can ...
(Date:8/21/2014)... , Aug. 21, 2014   Royal ... PHIA) today announced it has received 510(k) clearance ... market its precision planning application for Transcatheter Aortic-Valve ... TAVI application provides interventionalists with pre-procedural, high-precision positioning ... Philips TAVI planning application is available as part ...
Breaking Medicine Technology:BreedIT Ltd. and Seach Ltd. Form KanaboSeed to Develop New Medical Cannabis Varieties 2BreedIT Ltd. and Seach Ltd. Form KanaboSeed to Develop New Medical Cannabis Varieties 3BreedIT Ltd. and Seach Ltd. Form KanaboSeed to Develop New Medical Cannabis Varieties 4AliveCor Receives First FDA Clearance to Detect a Serious Heart Condition in an ECG on a Mobile Device 2Philips receives FDA 510(k) Clearance for TAVI Precision Treatment Planning Application 2Philips receives FDA 510(k) Clearance for TAVI Precision Treatment Planning Application 3
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
Medicine Products: