Literature DB >> 20431406

The Novartis health index: a method for valuing the economic impact of risk reduction in a workforce.

Emily Kelly1, Ginger S Carls, Greg Lenhart, Edward Mauceri, Daniel Columbus, Ann Cavuoti, Ron Z Goetzel.   

Abstract

OBJECTIVES: To develop a calculator that measures the potential cost impact of changes in health risks and presents results graphically.
METHODS: Demographic and health risk data for Novartis employees were input into a calculator that estimated employer medical care, short-term disability, absenteeism, and presenteeism costs associated with risk prevalence, based on a previous cross-sectional analysis of the association between risks and costs. Estimated costs were presented as a relative score, the Novartis Health Index, which is a measure of the overall costs associated with the risk profile of a population of interest.
RESULTS: The population of Novartis employees had an index score of 81.5 (out of 100), indicating a relatively healthy risk profile, and baseline annual costs of $9619 per employee. Risk reduction of 1% and 10% for tobacco, alcohol use, and emotional health risks had the potential to generate annual savings of $91,500 and $915,000, respectively.
CONCLUSIONS: The Novartis Health Index framework allows employers to track performance relative to health risk management using a single, accessible, user-friendly measure.

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Year:  2010        PMID: 20431406     DOI: 10.1097/JOM.0b013e3181dbe339

Source DB:  PubMed          Journal:  J Occup Environ Med        ISSN: 1076-2752            Impact factor:   2.162


  3 in total

1.  Health Risk Calculator: An Online, Interactive Tool to Estimate how Health Impacts Workers' Compensation Claim Incidence and Cost.

Authors:  Natalie V Schwatka; Liliana Tenney; Miranda Dally; Claire V S Brockbank
Journal:  J Occup Environ Med       Date:  2019-07       Impact factor: 2.162

2.  The well-being valuation model: a method for monetizing the nonmarket good of individual well-being.

Authors:  James A Sidney; Ashlin Jones; Carter Coberley; James E Pope; Aaron Wells
Journal:  Health Serv Outcomes Res Methodol       Date:  2016-10-25

3.  Cost-effectiveness calculators for health, well-being and safety promotion: a systematic review.

Authors:  Marja Hult; Olli Halminen; Miika Linna; Sakari Suominen; Mari Kangasniemi
Journal:  Eur J Public Health       Date:  2021-10-26       Impact factor: 3.367

  3 in total

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