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CalcuL8
is an innovative tool that assists organizations in identifying
their most costly lifestyle-related risk factors that are potentially
modifiable.
Case
Study
Many
businesses struggle to understand healthcare claims, and how to
approach employee health to curb those health-related costs and
associated productivity costs to the company. A large international
employer in the manufacturing industry was one such company.
We performed
a CalcuL8 analysis which identified their most costly
lifestyle-related risk factors. In addition, productivity loss costs
associated with these risk factors were identified. The CalcuL8
report projected future healthcare-related costs for the company
and provided break-even analysis scenarios and return-on-investment
projections for interventions related to the company's eight most
costly lifestyle-related risk factors. From this analysis, the company
was able to realize the extent to which lifestyle-related health
risks were influencing healthcare claims. Moreover, it was identified
that the resulting productivity costs, such as absenteeism and disability,
as well as presenteeism were costing the organization substantially
in terms of lost opportunity cost. Using the recommended interventions
and break-even-analysis projections, this company was able to address
the most costly lifestyle-related risk factors and subsequently
reduce their resulting healthcare claims and productivity loss costs.
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