华信惠悦_-_IntegratedDisablityManagement.ppt

INCREASING SHAREHOLDER VALUE THROUGH Integrated Disability Management Participating Organizations by Number of Full-Time Employees 178 participating companies Participating Organizations by Industry Popularity of Disability Management Activities Average Direct Costs of Disability Average Indirect Costs of Disability How Have Costs Changed as a Percentage of Payroll Over the Past Three Years? Effect of Integrating Multiple Program Elements Across Workers’ Compensation, LTD and STD Effect of integrating multiple programelements Estimating potential cost savings Among companies which have implemented all 4 integrated program elements, cost savings averaged 1% of payroll Effect of Integrating Multiple Program Elements Disability Management Survey Results: Absence Management Estimating potential cost savings Absence rates among companies which implemented 3 of 4 program elements averaged 1.4 days -- among companies without IDM programs, 5.3 days. Difference in absence rates (Company - optimal) X Average daily compensation of workers X Number of workers = Estimated savings in lost time-related productivity gains Implications for the future of IDM 1) Disability benefits increasing viewed as integrated health and productivity tools 2) Facilitating the involvement of supervisors and physicians improves outcomes 3) Best practice health and DM hinges on integrating key programs (particularly RTW) 4) Aging workforce presents challenge to reduce premature disability retirement Bruce_Flynn@ * Bruce G. Flynn, Director Disability W A T S O N W Y A T T 1999/2000 Bruce G. Flynn, Senior Consultant 52% 18% 30% 1,000 to 4,999 5,000 to 9,999 10,000+ 27% 16% 6% 5% 4% 26% 9% 7% 0% 5% 10% 15% 20% 25% 30% Manufacturing Finance/Insurance Health Care Wholesale/Retail Telecommunications Transportation Utilities Other 20% 21% 23% 23% 24% 25% 32% 40% 40% 44% 49% 52% 64% 66% 69% 76% 79% 0%