Take the MBGH Brief Worksite Health Assessment to see if you have the evidence-based policies, environmental and social supports in place to work in conjunction with your health benefit to increase the health and productivity of your employees! All participants in the survey will receive a report summarizing major findings so you can use it to benchmark your worksite programs with other employers across Memphis.Then read how poor health impacts your bottom line!
From the National Business Coalition on Health: Publications, including The Washington
Insurance, recently reported on the estimate
calculated by the Integrated Benefits Institute finding that poor health and
its impact on productivity costs the U.S. economy $576 billion per year.
In addition to showing the entire financial burden of poor health, IBI
researchers found that 39 percent—or $227 billion—is due to lost productivity
associated with poor health. Lost productivity results when employees are
absent due to illness or when they are underperforming due to poor health
(“presenteeism”—when employees are at work but not performing at their peak).
“There’s a reason that everyone in the U.S. is worried about the economy and
health care,” said Thomas Parry, PhD, IBI president. “These are two fundamental
issues that are tightly coupled through health’s impact on productivity, and
shape our standards of living. Since this election is weighing heavily on how
the candidates tackle these issues, it’s important that we recognize how they
are connected. Illness costs this country hundreds of billions of dollars, and
this should serve as a wake-up call for both candidates and employers to invest
in the health of workers, for the sake of the people and the benefit of U.S.
The estimate for total U.S. health costs is calculated using the IBI Full Cost
Estimator (FCE), a proprietary tool that calculates the full costs of health
and productivity based on five large databases. The tool can be used to show
the full health and productivity costs for a specific industry, or even an
individual company. In this case, the FCE was used to calculate the costs to
the entire U.S. economy.