Symptom Diagnosis and Changes to Diet and Exercise Are Not Enough to Drive the Medical Cost Trend Down.
Rising healthcare costs continue to plague American businesses. Chronic diseases have had a significant impact on health and economic costs. According to the Centers of Disease Control and Prevention, 90% of the nation’s $3.5 trillion in annual healthcare expenditures are for people with chronic and mental health conditions.1,2 Diabetes alone costs the US healthcare system and employers $237 billion every year.3 Poor health impacts everyone. Nearly every business faces the challenge of managing rising healthcare medical costs—both direct and indirect —such as health plan premiums, pharmaceutical drugs, presenteeism, absenteeism, disability claims and worker’s compensation.
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