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HR Info
According to the Numbers
Following are some recent facts and statistics that
might be of interest:
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Backup care continues to be one of the
fastest-growing employee benefits; the percentage of U.S. companies
now offering the benefit has doubled year-over-year and exceeds
the growth among all other work-life benefits, according to
survey conducted by the Society of Human Resource Management.
(Backup Care Emerges as Fastest-Growing
Work-Life Benefit, The Earth Times,
Feb. 13, 2008)
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A co-pay as small as $10 can stand in
the way of a woman getting a potentially lifesaving mammography,
new research suggests. When women in Medicare managed-care plans
were asked to contribute small co-pay, in some cases around
$10 to $20, 8 percent of the women decided to forgo mammograms
altogether, according to a study published in the January 24,
2008 issue of the New England Journal of Medicine. (Co-Pays
Contribute to Drop in Preventive Care,
HealthDay, January 23, 2008)
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One-quarter of workers and more than
one-third of retirees report they have long-term care insurance
(separate from health insurance, Medicare, and Medicaid) to
help pay for care they might need in a nursing home, assisted
living facility, or at home. But only 10 percent of Americans
age 65 and older are estimated to have had private long-term
care insurance in 2002, suggesting that many are counting on
coverage they do not actually have. (2007 Retirement Confidence
Survey, Employee Benefit Research Institute and Matthew Greenwald
& Associates)
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Indirect costs (e.g., lost days of productivity,
presenteeism) attributed to cancer, mental disorders, diabetes,
heart disease, hypertension, pulmonary conditions, and stroke
will total $3.4 trillion annually in 2023, more than four times
the cost of treatment (direct costs). Adding direct costs will
bring the total annual economic burden associated with these
diseases to $4.2 trillion, according to “An Unhealthy America:
The Economic Burden of Chronic Disease,” issued by the Milken
Institute, which describes itself as publicly supported and
nonpartisan. (The increasing burden
of chronic disease, Managedcaremag.com, February 2008) |
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