VSP® Vision Care has released the findings of a new study showing $4.5 billion in savings for its clients through the early detection of chronic diseases via eye care and vision exams covered by the firm’s vision insurance.
The study, conducted by Human Capital Management Services Group, found that for every $1 invested in VSP exam services — which include comprehensive, annual eye exams — during an employee’s first year with the benefit, employers can expect an average two-year total return of $1.27 in long-term health care savings. These savings are a result of avoided medical costs and increased employee productivity.
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