Paper cutouts of shirts and ties While reduced absenteeism and caregiver burden are important factors for employers, they don't resonate quite as much with payers. (Photo: Shutterstock)

When assessing the value of a new drug or medical treatment, insurance companies and other payers place a premium on efficacy, safety and cost.

Employers also care about whether adopting an innovation within their health care plan would result in reduced absenteeism and caregiver burden, as well as increased presenteeism and quality of life. However, payers place a low priority on such "indirect benefits," according to new study published in the Journal of Occupational and Environmental Medicine by researchers at the National Pharmaceutical Council and RTI Health Solutions.

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Katie Kuehner-Hebert

Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.