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Early detection of chronic eye diseases saves $4.5 billion

 

A study just published by VSP® Vision Care, a 56 million-member non-profit vision benefits and services company, reports that VSP has saved its clients $4.5 billion in potential healthcare expenditures via early detection of chronic eye diseases.

According to the study, VSP’s insurance clients, which include profit, non-profit, and government organizations, realized a $1.27 savings in eye-related healthcare costs for every $1 they invested in coverage.

The study, conducted by consulting firm Human Capital Management Services Group (HCMS), based the $1.27 figure on savings from avoided medical costs and increased employee productivity. By taking advantage of comprehensive annual eye exams offered under VSP’s insurance plan, employees were more likely to catch potential eye problems early, the study said.

Ref and Read more: http://www.diabeteshealth.com/read/2011/05/15/7152/study-says-worker-vision-benefits-save-4-5-billion-in-healthcare-costs/

 

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