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Cost Factor
per Covered Employee
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Cost
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Average Cost Health Care Premium / EE / Year
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$7009
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Lost Work Time / EE to visit MD office
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$99
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Employee Absenteeism / Year
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$800
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Employee Presenteeism
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???
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Total Cost to Employer / Year
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$7908
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“Attendance by unhealthy workers lowers output and thus, firms may wish unhealthy workers stay at home. This is preferable to having unhealthy workers lowering work group productivity, increasing their risk of more serious illness, passing their illnesses to other workers and undermining employee morale”.
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Presenteeism describes the employee who “is present, but not fully accounted for”. These individuals who experience illness, low morale, or exhibit a poor attitude, contribute to productivity losses at work.
In a 1999 study sponsored by the Employers Health Coalition, researchers calculated that the costs of lost productivity are 7.5 times greater than costs due to absenteeism. For example, presenteeism due to chronic conditions; such as migraines, allergies and back pain can add up to 15, 20 or even 30 times the costs of absenteeism.
A subsequent study conducted by Cornell University’s Institute for Health and Productivity Studies reported the following: findings:
Annual Cost of Presenteeism per Employee
for Common Chronic Medical Conditions:
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