What is driving your health care costs?
The American College of Occupational and Environmental Medicine recently published its summary of the enormous challenges faced by the American health care system and employers:
- Chronic health conditions are on the rise across all age groups in the United States, and it is expected that in the near future, conditions such as diabetes, heart disease, and cancer will add an enormous burden to already high costs of health care. Employers will be particularly impacted as they provide medical benefits for employees and absorb the costs of absenteeism and of long- and short-term disability claims.1
- Nearly 50% of Americans have one chronic health condition, and of this group, nearly half have multiple chronic conditions.2 One study found that more than 80% of medical spending goes toward care for chronic conditions.2
- Health risks leading to chronic conditions are also on the rise. Ac- cording to the Centers for Disease Control and Prevention (CDC), in 2007, only one state (Colorado) had a risks were double the costs of individuals who were healthier, that is, had two or fewer health risks.4
- A 2001 study found that annual medical claims’ costs for people with five or more health were double the costs of individuals who were healthier, that is, had two or fewer health risks.4
- American workforce is aging, and it is projected that between 2006 and 2016, the number of workers 55 to 64 years of age will increase by 36.5%, while workers between 65 and 74 years of age and older than 75 years will increase by 80%.5 By 2015, one in every five workers will be 55 years of age or older.6
- Older workers typically suffer from chronic health conditions and have multiple health risks. The chronic conditions most common among older age groups often require more care, are more dis- abling, and are more difficult and costly to treat than the chronic conditions that are more common in younger age groups.7
The Scott Institute Approach
STRESS IS THE KEY FACTOR BETWEEN WELLNESS AND ILLNESS AND DISABILITY
If you want a fresh way to think about solutions wellness, employee engagement, turnover and absenteeism,and have your people personally discover new levels of personal meaning & effectiveness at work and home–you need The Scott Institute for Optimal Stress.
We engage, motivate and inform. The factors that contribute to stress may be complex and even complicated, but the BestStress Zone (BSZ) as a solution is simple.
The Scott Institute Customized Approach:
SIOS provides tailored or customized solutions which are developed and delivered after consultation with you to determine your organization’s culture, needs and business objectives. Solutions begin with one-on-one support of the HR leadership team.
Employee benefits from SIOS Solutions:
- - Accept stressors as inevitable conditions which require healthy responses
- - Know how to manage themselves more effectively in stressful situations
- - Achieve at highest capacity
- - Have available better support to deal with the challenges of work and non-work stressors
- - Demonstrate Higher Morale and Loyalty
- - Benefit from Personal Power/Resilience commitment, control, challenge
- - Experience energy, satisfaction, happiness and productivity
- - Enjoy clarity of purpose—accurate thinking not just positive thinking
- - Recognize life stressors reflect personal purpose, priorities and passions
- - Develop & maintain spiritual, physical, emotional health and well-being.
We offer Four Solutions…go to our Corporate Solutions Tab.
1. Thorpe KE. Factors accounting for the rise in health care spending in the United States: the role of rising disease prevalence and treatment intensity. Public Health. 2006;20:1002–1007.
2. Chronic Conditions: Making the Case for Ongoing Care. September 2004 Update to Chronic Care in America: A 21st Century Challenge, a Study of the Robert Wood Johnson Foundation & Partnership for Solutions. Baltimore, MD: Johns Hopkins University; 2004.
3. Centers for Disease Control and Prevention. Vital Signs: State-Specific Obesity Prevalence Among Adults–United States, 2009 Weekly. MMWR. 2010;59(30): 951–955.
4. Edington DW. Emerging research: a view from one research center. Am J Health Promo. 2001;15:341–349.
5. Bureau of Labor Statistics. Older workers. July 2008. www.bls. gov/spotlight/2008/older-workers/.
6. Selden B. The Aging Workforce—A Disappearing Asset? Management is- sues. March 21, 2008. www.management-issues.com/2008/3/21/opinion/the- aging-workforce-a-disappearing-asset.asp..
7. Summer L, O’Neill G, Shirey L. Chronic conditions: a challenge for the 21st century. National Academy on an Aging Society. Monograph; 1999;1:1.
8. Bureau of Labor Statistics. Quick stats on women workers, 2009. www.dol.gov/wb/stats/main.htm.