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Chronic conditions, such as cancer, diabetes, cardiovascular disease, and obesity can be a significant source of financial pain for employers. According to the Partnership to Fight Chronic Disease, employer health care coverage for an employee with a chronic condition is, on average, five times higher than coverage for those without a chronic disease.
According to the Centers for Disease Control and Prevention, 6 in 10 U.S. adults have a chronic disease—and 4 in 10 adults have two or more conditions. Furthermore, chronic diseases are the leading drivers of the nation’s $4.1 trillion in annual health care costs.
Individuals with or at risk for chronic conditions should receive treatment or preventative services to ensure that they are practicing a healthy lifestyle. Employers are uniquely positioned to help combat chronic conditions, which could, in turn, reduce their health care costs and yield a healthier workforce. Employers can consider the following strategies:
Employers have an opportunity to influence and encourage employees to successfully manage their chronic conditions and develop healthy lifestyle habits. A healthy workforce will benefit an organization’s productivity.
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