Tom Harte: Hi! I'm Tom Harte, Board Member of the National Association of Health Underwriters and President of Landmark Benefits. Today, I'm discussing how medicine non-adherence impacts employers.
With more than 50% of all patients not taking their medications properly employers feel the financial effects and people missing work due to illness is just a small part of it. The cost of presenteeism or employees coming to work sick is estimated to be twice that of lost productivity due to sick days. Lost performance caused by painful illnesses such arthritis, headaches, and back pain can be control with medication and account for nearly $50 billion in lost productivity each year.
To improve medication adherence employers can provide medical care at the worksite, counseling support groups, day-to-day pill boxes, and medications journals. Studies have shown the benefit of providing these measures far outweigh the cost.
Providing educational seminars on common conditions that have traditionally low medication adherence such as hypertension, diabetes, and asthma can lead a greater awareness of the risks involved with not taking your medications properly. Social support has been consistently reported as an important factor to increase medication adherence and save on the cost of healthcare. Helping to keep your employees healthy is good for your bottom line.