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Insurance & Finance

Employees in the Insurance and Finance industries typically work in an office-type setting. These industries also have a mostly female population with 64 percent of their workforce over the age of 35. The following is a compilation of relevant data for the Insurance and Finance industry by the Integrated Benefits Insitute, a non-profit supplier of and leader in health and productivity research.1

Insurance & Finance Demographics

Short-Term Disability

Insurance & Finance - Short-Term Disability Statistics

 Three most prevalent conditions:

  • Pregnancy and related
  • Musculoskeletal conditions
  • Mental disorders
     

Long-Term Disability

Insurance & Finance - Long-Term Disability Statistics

 Three most prevalent conditions:

  • Musculoskeletal conditions
  • Nervous system conditions
  • Mental disorders
     

 Workers Compensation - With Absences

Insurance & Finance - Workers Compensation Statistics

Three most prevalent body part
groups injured:

  • Upper Extremities
  • Multiple Groups
  • Back and Neck

     

Workers Compensation - No Lost Time

Insurance & Finance - Workers Compensation (no lost time) Stats

Three most prevalent body part
groups injured:

  • Upper Extremities
  • Lower Extremities
  • Multiple Groups

     

 

Incidental Sick Day Absences

Insurance & Finance Incidental Sick Day Absences Stats

Some Productive Suggestions

  • Since Workers’ Compensation claim incidence is relatively low, evaluate return-to-work options based on your specific work environment.
  • Work-from-home options may prove beneficial depending on your work environment. However, work-from-home arrangements may not be feasible for banks and other institutions that require the employee to be present in the workplace to perform his or her job.

1Integrated Benefits Institute, “Benefits Intelligence,” 2011 Benchmarking data. The wage and benefit information can be accessed via the following Bureau of Labor Statistics website: http://www.bls.gov/eci/ The workers compensation rate information can be accessed via the following Bureau of Labor Statistics website: http://www.bls.gov/iif/