Integrated Benefits Institute

Register today for our webinar next week "Loneliness in the US Workforce: A Social Determinant of Mental Health" which will explore the critical issue of loneliness in the US workforce. Led by IBI researcher Carole Bonner, this presentation will examine the connections between loneliness, anxiety, and depression among US workers. Guest speaker Christin Kuretich, VP of Supplemental Products at Voya Financial, will offer an employers perspective on how to address engagement and productivity in the workplace in a Q&A with IBI President & CEO Jim Huffman, MSHCT. https://lnkd.in/eHviUbvf #mentalhealth #employeewellbeing #employeewellness #humanresources

IBI published a study this week that highlights the importance of health benefits in shaping employee satisfaction and performance. We surveyed 1,001 full-time employed women in the U.S. across various industries and notably found that benefit use is associated with fewer missed workdays. Highlights from the survey: ✔ 89% of participants agree that employer benefits positively influence overall workplace satisfaction. ✔ 85% believe that benefits play a crucial role in attracting and retaining talent. ✔ Preventive care emerged as the most commonly used benefit, with 63% of respondents accessing it, followed by mental health support at 54%. ✔ Cost, time constraints, and scheduling difficulties are the top barriers to utilizing benefits. ✔ All benefit use was associated with fewer missed work days. ✔ Mental health benefits had the strongest association with reduced absenteeism, followed by reproductive health services and maternity care. Read the full report (IBI members only): https://lnkd.in/ewASyA6n View the infographic: https://lnkd.in/eXaup_Ct #womenshealth #employeewellbeing #employeewellness #humanresources

IBI members, we want your input on our 2025 Research Priorities! Take our 5-minute survey to provide your input to help shape our research priorities for the first half of 2025. Your guidance will be an important contribution to setting the priorities for our research activities: https://lnkd.in/d2ye25gw #research #employeewellness #employeewellbeing #productivity

IBI's latest report "Social Determinants of Mental Health" (part 2 of a 3 part series) examines the prevalence and factors associated with anxiety, depression, and loneliness in the U.S. workforce. In the workplace, loneliness can manifest as social isolation from colleagues, leading to reduced job performance, lower job satisfaction, and increased turnover intentions. Highlights from IBI's analysis: ✔ Clinically relevant anxiety was reported in 26.7% of the workforce, while clinically relevant depression was reported in 20.0%. ✔ 12.9% of the workforce indicated experiencing frequent loneliness assessed with an indication of usually or always experiencing loneliness. ✔ Those who worked fully in-person were the most likely to experience anxiety or depression. ✔ The lowest loneliness rate was for those working from home 3-4 days per week at 7.9%. ✔ Those who have social support have reduced odds of loneliness by 91%. ✔ Being a parent of a child with mental health needs increases odds of anxiety or depression by 92% and loneliness by 77%. Read the report (IBI members only): https://lnkd.in/gstKvECr View the infographic: https://lnkd.in/gkCDpm_J II MENTAL HEALTH SERIES.pdf #mentalhealth #employeewellbeing #wellness #humanresources

IBI's latest study "The Economic Impact of Poor Mental Health" dives into nationally representative data to identify the prevalence, lost productivity, and compounded effects of comorbidities in the US workforce. Additionally, the study analyzes disability costs and durations using claims from IBI’s Benchmarking data to provide a more complete picture of the financial burden on employers. Highlights from IBI's analysis: ✔ Approximately 34% of employed adults need mental health treatment for anxiety and depression. ✔ Employees with anxiety or depression have higher rates of other chronic health conditions. ✔ Employees with clinically relevant anxiety/depression average 4.6 more sick days annually than individuals without those conditions. ✔ The average annual cost per employee due to mental health issues is about $1,488, including lost time ($445), job turnover ($533), and healthcare ($510). ✔ Public administration has the highest disability-related costs, at $76,214 for a company with 1,000 covered lives. Read the full report (IBI members only): https://lnkd.in/eSHmtnJH Download the infographic: https://lnkd.in/e4W77u-h #mentalhealth #employeewellbeing #employeewellness #disability

Listen to the second episode of our podcast, "Research Roundup," hosted by IBI Researcher Sera-Leigh Ghouralal, PhD. This 11-minute episode explores how obesity affects employee productivity, the impact of leadership on remote work success, and future health insurance trends. Each episode offers insightful analyses and actionable takeaways to help employers, benefits consultants, and vendors stay informed and ahead of the curve. https://lnkd.in/dvr7vw6C Spotify: https://lnkd.in/dgBwwq_M Amazon: https://lnkd.in/dt8gBK_j YouTube: https://lnkd.in/d68W7Sek #podcast #humanresources #employeewellbeing #wellness

Pamela Hannon, Global Retirement & Healthcare Leader, Total Rewardsat GE HealthCare, Cheryl Larson , President & CEO Midwest Business Group on Health, Lesli Marasco, VP of Global Benefits & Well-Being AbbVie and Carole Mendoza, Vice President of Benefits Voya Financial discussed how providing exceptional health care and benefits goes beyond employee wellbeing—it's crucial for retention, recruitment, and legal compliance. Throughout their discussion, the panel shared insights on collaborating with vendor partners to address these vital issues, both for the present and future. They provided valuable perspectives on navigating the complex world of employee benefits and healthcare management, offering attendees a comprehensive view of current best practices and future trends in the field.

Christin Kuretich VP Supplemental Products at IBI member Voya Financial joined IBI Researchers Carole Bonner and Sera-Leigh Ghouralal, PhD to discuss IBI’s latest research and how employers use IBI’s research and data to inform benefit decisions at IBI’s 2024 Health and Productivity Forum. Christin shared her personal journey with depression and seeking treatment, and how her experience has shaped her approach to building better benefits programs. Christin mentioned the importance of partnering with IBI and that Voya receives important data to inform program decisions. Benefit plans must tackle the two major challenges in mental health care- financial hindrance and access to resources. #employeewellbeing #employeewellness #hrbenefits #humanresources

Jennifer Malinowski MS, PhD with IBI member Johnson & Johnson hosted a discussion with IBI president Jim Huffman, MSHCT and Drew Wilkins with Deloitte Consulting on precision medicine and cell and gene therapy. The high costs associated with these therapies necessitate financial innovation to enhance their availability and accessibility. This session at IBI’s 2024 Health and Productivity Forum explored the limitations of existing financing models and introduced innovative pricing models that could fundamentally change the way CGTs are financed. #precisionmedicine #hrbenefits #healthcare