VCA Issues "Vision in Business" Report
Alexandria, VA (July 2, 2007) - According to a new report from the Vision Council of America (VCA), vision disorders carry a hefty price tag for employers and result in a marked decrease in productivity costing businesses an estimated $8 billion annually. The Vision in Business report shows the staggering financial impact of vision problems on the economy, individual states and the workplace.
“Uncorrected vision problems are costing employers billions of dollars,” said Ed Greene, CEO of VCA. “Direct medical costs associated with vision disorders exceed similar medical expenditures for breast cancer, lung cancer and HIV, yet few Americans get regular eye exams or have vision coverage in their health plans.”
Vision in Business examines the prevalence and cost of vision problems as well as the role of preventive vision care in improving the productivity and efficiency of the American workplace. It also shows that job-related eye injuries, computer eye strain and other vision problems are costly for employers and employees in a wide range of industries and occupations.
In the report, VCA conducted a state-by-state analysis of the economic burden associated with vision disorders which finds:
- In 17 states the annual financial burden of vision disorders exceeds $1 billion, and in 15 additional states, that burden exceeds $500 million;
- States representing the largest cost burden are: California ($5.5 billion), Florida ($3.9 billion), New York ($3.6 billion), Texas ($3.1 billion), Pennsylvania ($2.7 billion), Illinois ($2.2 billion), Ohio ($2.1 billion), Michigan ($1.8 billion), New Jersey ($1.6 billion) and North Carolina ($1.4 billion).
“The good news is that because of these high costs, healthy vision is increasingly being recognized as an important health issue in the workplace,” said Greene. In fact, the federal government has set a precedent by adding vision coverage to its new health plan which launched in November 2006.
VCA encourages both employers and employees to take steps to ensure healthy vision and provides helpful hints for each. For a copy of the full report, please click here.