The Problem
Employer costs related to mental health,
substance abuse, and behavioral risk management have skyrocketed.
- Mental health/substance abuse costs currently reflect
between 15 and 24 percent of total health care costs.
- Alcoholism is costing U.S. industry more than $100 billion
a year.
- The cost of drug and alcohol abuse in the business community approaches
$16.6 billion a year.
- Alcoholic employees are likely to submit 12 times the
health insurance claims than those of other employees.
- Almost 65% of all job terminations are related to emotional
problems.
- Absenteeism, lost productivity, accidents, sick leave
and insurance payments can amount to as much as 25% of
payroll costs.
- Claims for work related mental stress account for 15%
of all workers' comp claims.
- ADA lawsuits related to mental health are 20% of claims.
- The costs of clinical depression ($24 billion) are elevated
because the age group that is most vulnerable (30 to 44)
is the same age group that comprises the largest portion
of America's labor force.
- About 43% of senior managers say that they've had a
violent incident (fight, weapon at work, property damage,
etc.) in their workplace in the past 3 years.
- Sexual harassment lawsuits have cost employees millions
of dollars.
The costs of personal problems are high and
the impact on the organization may be devastating. MINES can help.
The Solutions
-
Managed Mental Health Care: provides cost control for mental health care benefits.
-
Employee & Member Assistance Programs: provide confidential help for employees and their household members.
-
Preferred Provider Organization: provides oversite of mental health services at cost effective
rates.
-
Organizational Development: provides direction for organizational improvement.
-
Disease Management: provides tools for employees with chronic illness to improve
quality of life while reducing healthcare costs of preventable
acute care episodes.
-
Behavioral Risk Management: provides evaluation of risk from a behavioral viewpoint.
-
Specialty Programs: provides state-of-the art skills, information and training
technology to enrich intellectual capital.
EAP/MAP return on investments range from $8 to $20 for every $1 spent. |
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