Metabolic syndrome is a group of conditions that increase the risk of diabetes and cardiovascular disease. What can your organization do to offset the significant costs associated with this heath issue and improve health outcomes? Read our paper to find out.
Excerpt: Diabetes and other chronic diseases not only put extensive pressure on the Canadian health-care system, but they also deplete businesses supporting employees with these diagnoses. A study released in August 2015 found that the average cost of healthcare for each of the 3.4 million Canadians with diabetes was $16,000 over eight years, compared to $6,000 for those without the disease.The costs of other chronic diseases are similarly striking. Along with medication and hospital stays, there’s the affiliated expense of reduced productivity while at work, time away from the office, and increased disability claims. These costs can be a huge financial burden on both the public and private sectors.
The current strategy to offset such costs with employee health and wellness benefits is a common feature of the Canadian workplace. But the rising prevalence of chronic illness in Canada suggests these programs aren’t enough.