Recent Findings from C. Pollak and Co-Researchers Yields New Information on Healthcare Economics (The impact of a sick pay waiting period on sick…
Recent Findings from
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Our news journalists obtained a quote from the research, "However, 60 % of employers in this sector provide complementary sick pay to cover this waiting period. Linked employee-employer survey data compiled in 2009 are used to analyze the impact of this compensation on workers' sick leave behavior. The assessment isolates the insurance effect (moral hazard) from individual and environmental factors relating to sick leave (including health and working conditions). Results suggest that employees who are compensated during the 3-day waiting period are not more likely to have an absence. On the contrary, their sickness leaves are significantly shorter by 3 days on average."
According to the news editors, the research concluded: "These results could be explained by consequences of presenteeism and ex post moral hazard when employees are exposed to a waiting period."
For more information on this research see: The impact of a sick pay waiting period on sick leave patterns.
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