Just how much do workers with cancer cost their employers? The Integrated Benefits Institute sponsored research on the subject, and came away with an estimate of $19,000 a year in lost work time and medical treatments per 100 employees.
Of that total, more than half – $10,000 – is attributed to "presenteeism," the term coined to describe what happens when someone shows up for work but gives less than 100 percent.
The rest includes the costs covered by employer health insurance for medical and pharmacy bills related to treatment of the disease. In addition to these costs, the institute estimates that workers with cancer are absent 3.8 more days per year than workers without cancer.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
