Why understanding the UK’s health gap has become a strategic imperative
The UK’s health gap - the disparity in employment rates and opportunities between healthy workers and those with health conditions - is a growing challenge for businesses.
It is having a significant impact on workforce health. More than 2.5 million people are out of work due to long-term illness and poor health is costing businesses £150 billion annually, according to Office for National Statistics data.
As a result, employers are being called on to step in — not just as providers of benefits, but as architects of better health outcomes.
Reward and benefits professionals must view this health gap not just as a societal issue but as a strategic business risk.
This growing risk, coupled with a climate of rising medical cost, an ageing workforce and mounting mental health concerns, highlights why the traditional model of employer-funded benefits is under pressure.
This first report in this trilogy on the UK’s health gap, in partnership with Mercer Marsh Benefits, makes a compelling case for stronger benefits governance to address these issues.
It finds that grounding decisions in data, aligning with workforce needs, and taking a proactive approach to healthcare will be vital in bridging the health gap.