|
|
|
|
|
|
|
Economic Consequences of Illness in the Workplace
|
By Paul E. Greenberg, Stan N. Finkelstein and Ernst R. Berndt
Summer 1995
Reprint 3642
|
Volume 36, Number 4, pages 26-38, 13 pages
Primary Topic: Financial Management
Secondary Topic: Human Resources
SummaryWhen employers focus only on the direct, out-of-pocket costs of health care, they fail to consider the indirect costs of illness in the workplace form workers' impaired functioning on the job and absenteeism. The authors present a case study of the effects of clinical depression on direct and indirect health-related costs and provide a model that employers can apply to a wide range of illnesses to analyze their investments in health care. The authors apply the framework to several workplace situations -- employees' depression, cigarette smoking breaks, and arthritis -- to estimate the costs of lost productivity. They also show how to do a break-even analysis to determine when employers' investments in health interventions are likely justified. |
|
|
Info
on pricing and academic discounts.
|
|
|