Cost-shifting to consumers hurts productivity

As employers continue to take steps to lower their own healthcare costs, they may be inadvertently shifting those expenses to their workers. A new report from Truven Healthcare, Harvard University and the University of Michigan found that when employees' health costs grow, their productivity declines with more absenteeism, reported Live Insurance News. For example, an increase of  $5 to workers' insurance costs also raised absenteeism by 3 percent, which could potentially negate any savings companies hope to see. What's more, when employees are forced to pay higher premiums, they often delay or forgo needed medical care, which can drive up healthcare costs overall, and for insurers in particular, which have to pay for the additional medical care those employees need as a result of the delay. Article