Corporate Adviser
  • Content Hubs
  • Magazine
  • Alerts
  • Events
  • Video
    • Master Trust Conference 2024 videos
  • Research & Guides
  • About
  • Contact
  • Home
  • News
  • In Depth
  • Profile
  • Pensions
    • Auto-enrolment
    • DB
    • DC
    • Defaults
    • Investment
    • Master Trusts
    • Sipps & SSAS
    • Taxation
  • Group Risk
    • Group Life
    • Group IP
    • Group CIC
    • Mental Health
    • Rehab
    • Wellbeing
  • Healthcare
    • Musculoskeletal
    • Mental Health
    • IPT
    • Wellbeing
    • Trusts
    • Cash Plans
  • Wellbeing
    • Mental Health
    • Health & Wellbeing
    • Financial resilience
  • ESG
No Result
View All Result
Corporate Adviser
No Result
View All Result

Further rise in number of people out of work due to ill-health

by Emma Simon
July 18, 2024
Share on FacebookShare on TwitterShare on LinkedInShare on Pinterest

Economic inactivity due to long-term sickness remains “concerning high” according to the latest ONS labour market data.

The figures for the three month from March to May this year show that 2.81 million people are economically inactive due to long-term ill health. 

While this represents a small reduction of 17,265 on the previous quarter’s total, it is still an increase of 151,941 on the same period last year — and 796,044 higher than the same period in 2019, before the Covid pandemic.

Commenting on the data, Broadstone head of health and protection Brett Hill says: “As a new Labour government takes power, bringing down economic inactivity due to chronic illness must be one of their highest priorities.

“The record numbers out of the workforce due to ill health are piling pressure on our public health services and limiting the economic growth potential of the country.

“Widespread difficulties in accessing primary care and mental health services are fuelling the crisis, and our struggling public healthcare system is all too often unable to diagnose and treat conditions at an early stage. Many health problems go untreated for too long, developing into more serious conditions that ultimately require more complex treatments that take longer, cost more and may well be less successful than early intervention would have been.”

He adds: “To combat this rising tide of ill-health, businesses are investing significantly in private healthcare services to support the health of their employees. This ranges from expanding coverage of insurance products like PMI and health cash plans, providing access to preventative care such as health screenings or digital GP services or even offering private dental care benefits.

“While yesterday’s King’s Speech reinforced Labour’s pledge to revive the NHS – acknowledging the role that employers play in propping up the UK’s health and alleviating the strain on NHS services is crucial to achieving to this goal.”

 

Corporate Adviser Special Report

REQUEST YOUR COPY

Most Popular

  • Parliament-UK-Government-Dusk-700.jpg

    GAD to assess state pension age in third review

  • Stancombe to lead retirement platform business

  • Towergate Employee Benefits appoints principal consultant

  • Forget the dream holiday: Mercer reveals 50pc of over-55s experience ‘FORO’

  • Fidelity default hit’s £20bn

  • Nest, Smart and XPS connect to dashboard

Corporate Adviser

© 2017-2024 Definite Article Media Limited. Design by 71 Media Limited.

  • About
  • Advertise
  • Privacy policy
  • T&Cs
  • Contact

Follow Us

X
No Result
View All Result
  • Home
  • News
  • In Depth
  • Profile
  • Pensions
    • Auto-enrolment
    • DB
    • DC
    • Defaults
    • Investment
    • Master Trusts
    • Sipps & SSAS
    • Taxation
  • Group Risk
    • Group Life
    • Group IP
    • Group CIC
    • Mental Health
    • Rehab
    • Wellbeing
  • Healthcare
    • Musculoskeletal
    • Mental Health
    • IPT
    • Wellbeing
    • Trusts
    • Cash Plans
  • Wellbeing
    • Mental Health
    • Health & Wellbeing
    • Financial resilience
  • ESG

No Result
View All Result
  • Home
  • News
  • In Depth
  • Profile
  • Pensions
    • Auto-enrolment
    • DB
    • DC
    • Defaults
    • Investment
    • Master Trusts
    • Sipps & SSAS
    • Taxation
  • Group Risk
    • Group Life
    • Group IP
    • Group CIC
    • Mental Health
    • Rehab
    • Wellbeing
  • Healthcare
    • Musculoskeletal
    • Mental Health
    • IPT
    • Wellbeing
    • Trusts
    • Cash Plans
  • Wellbeing
    • Mental Health
    • Health & Wellbeing
    • Financial resilience
  • ESG

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.