

How does T.E.A.M.'s EAP give you a return on your EAP dollar
investment? There are savings related to factors such as increased
employee productivity and quality of work, and decreased absenteeism.
There are also hard dollar savings resulting from the impact of
referrals from the EAP into your health insurance costs. The former
are more difficult to quantify as they relate to your specific
organization; but we can take a look at the latter to give you
an idea about the typical savings you can expect from T.E.A.M.'s
EAP.
T.E.A.M.'s EAP utilization rate averages 10%, with 92%
of client's concerns being managed within the EAP, i.e., these
clients are not referred beyond the EAP into treatment
paid for by your healthcare insurance. Analyses of experience
and self-funded rated healthcare insurance plans show that the
average claim cost per mental/nervous visit is $100. At
T.E.A.M., after taking into account the cost of the EAP, the average
cost is $70 per visit. The difference? Thirty dollars per visit!
If you combine all of these factors, the savings amount quickly.
If you'd like to talk to a T.E.A.M. Business Development associate
about how T.E.A.M. can save your company money with an EAP, click here.