Study: Opioid Crisis Cost U.S. Employers $702B
A study found the opioid crisis caused the American economy to lose nearly a million workers, 12.1 billion work hours, and $702 billion. The study reviewed the impact the opioid epidemic had on labor force participation and output between 1999 and 2015, making the average annual loss $43.9 billion.
Study: Standing Desks May Have Negative Effects
Although numerous studies suggest that the health benefits of standing desks are less significant than the hype, employers continue to invest in upgrading office furniture to promote standing over sitting in hopes to recoup the investment from lower healthcare costs.
Loneliness: The Next Employee Wellness Frontier
Research showed loneliness having the same health care outcomes and costs as 15 cigarettes a day, yet most employers are not giving it enough attention. It remains a hidden drain on the health of employees and the companies they work for, costing employers in the U.K. an estimated $3.5 billion.
HDHP Use Flattens, HSAs May Become More Attractive
Although HDHPs have seen incredible growth since 2005, many industry professionals often assume (incorrectly) that employers are continuing to flock to these types of health plans, causing enrollment to surge. According to a new report, HDHPs growth remained relatively static this year.
Preferred Exercise Setting May Be Tied To Personality Traits
A study showed that extroverted individuals and those who rely on objective logic and regimens are more likely to prefer working out at the gym, while creative people and individuals who focus more on feelings and values may be much better suited to outdoor activities such as cycling and running.
Leadership Communication, Not Just Support, Delivers Wellness Engagement
The International Foundation of Employee Benefit Plans (IFEBP) released the “A Closer Look: 2018 Workplace Wellness Trends” report, which found certain initiatives are more popular in successful wellness programs when compared to initiatives offered by programs finding less success.
Baby Boomers Interested In Student Debt Benefits
The student debt is often thought of as millennials' problem, and employers make the mistake of assuming only they will be interested in student debt benefits.
Happiness Course Becomes Yale’s Most Popular Class
Psychology and the Good Life focuses on teaching students how to lead a happier, more satisfying life. It is the most popular course in Yale’s 316-year history.
Study: Average Healthcare Spenders More Likely To Participate In Wellness Programs
A study found that individuals in the middle of the healthcare spending range were the most likely to participate in employee wellness programs.