Poor Health Increases Disability and Workers’ Compensation Costs


Unum released the results of a 10-year study of the top 10 causes of disability. Those causes of both short- and long-term disabilities may surprise you: 2 of the top 5 causes of long-term disability are health-related. 2 of the top 5 causes of short-term disability causes are health-related. Unum attributes age as a leading...

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How Does Your Health Benefit Plan Stack Up?


Designing the optimal benefit plans for employees is a goal of most employers. Data analytics provides a huge assist in doing that. It is also nice to see where your plan designs fall when looking at other employers around the country. I’m using charts from the 2017 Kaiser Family Foundation (KFF) employer health benefits survey...

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Make Data Transparency a Goal this Renewal Season


Springtime not only brings rain showers and blooming flowers, but also starts renewal season for employee benefit programs. It’s during this critical time that you’re in the favorable position to review how your plans have operated, to seek out different options from vendors and carriers, and to choose the best plans for you, your employees,...

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Using Data Analytics to Manage Your Rx Costs: Part 2


Last week my blog focused on two danger zones that can increase your year-end prescription drug expenditures and derail your fiscal budget. This week I fill those potential financial potholes by highlighting three areas that can help reduce drug costs. Take into account the utilization of new generics. The US Food and Drug Administration (FDA)...

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Population Health Costs Could Explode as Employee Health Declines


A chronic disease is one lasting 3 months or more, as defined by the U.S. National Center for Health Statistics. Chronic disease affects health and quality of life, but it is also a major driver of healthcare costs. Take note of these eye-popping statistics from the CDC: In 2012, about 50% of all adults—117 million people—had one...

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