TEXT VERSION OF TITLE SLIDE:
Title: Aging Productivity
- Injury risk and its consequences differ in older workers
- Medical costs rise with age
- Estimated 25% increase from age 40 to 50 to 35% from age 50 to 60
- BUT, age is less a factor in health care costs than the presence of such risk factors as smoking, obesity, lack of exercise, and diabetes!
- There is such a thing as "aging productively" or "healthy aging"!
[Speaker Notes: Baby boomer cohort was born between 1946 and 1964
Older Worker Characteristics: Older workers (over 40) have lower incidence rates, short term disability, and unscheduled absences than employees under the age of 40
When older workers become injured, they usually require more time off from work
Older workers can learn just as well as younger workers but they need well defined training and education programs
(general information, medical stats from Unum Provident report: Health and Productivity in the Aging American Work Force: Realties and Opportunities, Spring 2005)]