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The True Cost of Health Care to Business
Do you know the total cost to your business when your employees are ill? Here are some recent statistics:
- Health plan premiums are directly related to actual health care costs, but premiums are only 24% of your total health care costs.
- The other 76% are indirect costs associated with presenteeism (the impact of employees working while they're ill), absenteeism, and long term disability.
- Personal illness accounts for 34% of unscheduled absences yearly.
- Every year, 10 chronic conditions cause each affected employee to miss more than 10 workdays on average.
- Overweight and obese employees take more sick leave than non-obese employees and are twice as likely to have high-level absenteeism.
- The average cost of medical expenses and absenteeism related JUST to obesity can range from $460- $2,500 per employee annually.
The powerful combination of simplicityHR by ALTRES and Kaiser Permanente can help your business control overall health care costs and overall labor costs.


