Predicting compatibility

Can pharmacogenetics provide much-needed answers?
By Michael Prouse
|Canadian HR Reporter|Last Updated: 07/10/2015

Companies are always searching for drug plan strategies to keep the workforce healthy, while simultaneously reducing rising costs. Unfortunately, many benefits that promise this fall short because of persistent absenteeism, presenteeism, disability and medication waste.

Employees are absent from work on average 9.3 days per year, according to 2011 numbers from Statistics Canada, costing the Canadian economy roughly $16 billion annually, according to a 2013 report from the Conference Board of Canada. Studies have also shown presenteeism can be more costly than absenteeism, while disability can add up to a significant percentage of payroll.