Musculoskeletal (MSK) issues impact one in two adults in America. Companies spend about $20 billion dollars per year on the direct costs of MSK issues. Learn how to improve employee wellness while reducing costs.
When employees suffer from MSK issues, employers shoulder significant burdens, including increased healthcare costs, workers comp claims, and employees who miss work or who are unable to be productive at work.
Value-based care aims to flip the traditional, fee-for-service approach on its head, reimbursing providers based on patient outcomes and the quality of their care rather than the quantities and types of procedures completed.
Working from home has the potential to contribute to a number of significant MSK risk factors. Reduced activity levels, mental health impacts and ergonomic concerns all play a part.
Employees are the single most underutilized resource in improving health outcomes and decreasing cost burdens. Employers can offer support and guidance at three critical stages to influence mutually beneficial results.
33% of employers are now self-insured
This means greater negotiating power as well as new responsibilities to build cost-containment strategies and guide employees toward appropriate and effective medical care when needed.
Companies spend ~ $20 billion per year on MSK direct costs
Employers already spend more on the direct costs of musculoskeletal disorders (MSD) than any other condition or chronic disease, including diabetes, obesity, cardiovascular disease, and respiratory illness.