DALLAS, Jan. 25, 2018 /PRNewswire/ — One quarter (25%) of U.S. employees surveyed have worked with an executive who became severely ill and whose illness affected the company. This finding of the HealthMine 2018 Rising Risk Survey highlights the need for companies to do a better job of identifying key employees who are at-risk for a chronic illness. Once risks are identified, plan members can engage in personalized health actions to help ward off disease. In addition, companies can implement contingency and succession plans should these employees suddenly become sick.
“Chances are people who are most important to a company’s success are working 50- or 60-hour weeks and could be neglecting their own personal health,” said Bryce Williams, president and CEO of HealthMine. “As a result, many have one or more diseases and do not know it. This is important because the health status of key employees is a major component of a company’s risk profile. Failing to intervene early, or to plan for illness, can have a detrimental impact on the performance of the business. That such a high percentage of employees have found themselves in situations in which executive illness has created problems for their company suggests there is more work to be done in coming to terms with the risk.”
According to the Centers for Disease Control (CDC), chronic diseases are responsible for seven of 10 deaths each year, and treating people with chronic diseases accounts for 86% of U.S. healthcare costs. However, it has been reported that the rising-risk chronic disease population group typically represents 20-30% of a defined population, and due to their numbers, can actually account for a higher total healthcare spend than the high-risk population.
About the Survey
The HealthMine 2018 Rising Risk Survey queried 500 full-time U.S. employees age 26-64 who are enrolled in a healthcare plan sponsored by their employers. The survey was fielded by Research Now SSI (formerly Survey Sampling International) in December 2017 and January 2018. Data were collected via an opt-in panel. The margin of error was 4%. Research Now SSI has been the worldwide leader in survey sampling and data collection solutions across every mode for 40 years.
About HealthMine
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HealthMine’s proprietary SaaS platform and product suite is the early detection system for health plans that finds more gaps in care and closes them faster. Through the continuous collection and analysis of both clinical and personal data, HealthMine heads off the progression of chronic disease. With HealthMine, health plan executives no longer have to accept unchecked rising health risk, and the costs that come with it. For more information, visit www.healthmine.com.
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SOURCE HealthMine
