More Reasons To Integrate Medical And Disability Data
New research from the Integrated Benefits Institute continues to strengthen the case for integrating medical and disability data.The group's analysis of 15,000 disability claims -- covering 53,00 medical conditions from 183 employers over an 18-month period -- from Cigna offers advisers several reasons for making sure their clients are taking a holistic approach to controlling health, disability and productivity costs.
IBI says that lost productivity costs associated with disability absence averages $22,800 per claim. That's significantly more than the $13,600 for medical costs and $3,800 for disability payments. If employers just focus on medical and disability expenditures they may end up misallocating their resources.
To read this article in its entirety click on Disability Data.


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