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How can insurers help employers cut sickness absence costs? A more integrated solution is needed, says Tim Ablett

The workplace is changing and the insurance market has to change in order to keep up. The cost of sickness absence for 2002 is estimated at £522 per employee and companies are frantically looking for ways to reduce costs. With an increasing focus on rehabilitation, insurers are in the prime position to provide support for employers eager to invest in the well-being of their staff and facilitate a swift return to work. In a working world of extended retirement ages, capping of pension liabilities and the employers' liability crisis, insurers need to take a long, hard look at the traditiona...

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