Back Pain Costs U.S. Economy $100 Billion Annually; Advisor Suggests Combining Self-Funded Plans with Prevention Programs
Lower back pain costs the U.S. economy an estimated $100 billion annually, primarily due to lost wages and productivity rather than medical expenses. Paul H. Flowers Jr., founder of PHFJ Enterprises, argues that combining self-funded health plans with workplace prevention programs can reduce these costs by turning prevented claims into retained savings for employers.
Topics: back pain employer health costs productivity loss self-funded plans