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IBI Full Cost Estimator (FCE)

 

A panoramic view of health + productivity costs

 
 

Successful health and productivity strategies require a comprehensive, integrated view. To gain this broad perspective, integrated data is the gold standard. Yet integration can be complicated and costly, the "intangible" costs of underperformance and lost productivity are considered so complex that organizations give up trying to quantify them, and many employers are left with a limited view of the value in health and productivity management.

FCE solves these problems by consolidating the major components of health-related business costs into a single tool. It draws on nationally-representative databases, IBI’s validated health assessment survey (the HPQ-Select) and millions of disability claims from IBI’s benchmarking program to produce highly customizable estimates of:

  • Absence lost-productivity and wage replacements
  • Workers’ compensation medical payments, lost workdays, and wage replacements
  • STD and LTD lost workdays and wage replacements
  • Non-concurrent FML absences
  • Medical and pharmacy claim costs
  • Presenteeism

How do I request a report?

What do FCE reports look like?

What's your methodology?

Each FCE report consists of three views of all health and productivity costs:

  1. Estimates based on industry benchmark values
  2. Estimates based on industry benchmark values and your organization’s demographics, program participation, and absence/leave policies
  3. Populated by your known H+P experiences, and estimates of unknown outcomes based on industry benchmark values and your organization’s demographics, program participation, and absence/leave policies.

The pricing schedule for FCE is below:

  • Standard Employer: $600 per report
  • Premium Employer, Affiliate, Associate, and Institution/Association members: $500 per report
  • Charter members: 5 free reports per year
  • Stakeholder members: 10 free reports per year

Additionally, each report entitles the purchaser to a 30-minute phone consultation with an IBI staff member to discuss their results in detail.

Request an FCE

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IBI Benchmarking is available to IBI Benchmarking Members only. To find out more about IBI Benchmarking, click here.
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