While logic typically dictates that the fewer employees a company has, the lower the number of medical claims filed, just because a statement is logical doesn’t mean it always comes true.
In the aftermath of the financial crisis, many employers scrambled to save money, and turned to layoffs as an unfortunate means of doing so, with the expectation that eliminating—in many cases—younger, less-experienced workers would save both on salary and medical claims. While this strategy certainly worked for some employers, OCI, a data integration and software services provider, found that the reduction of staff had the opposite effect on the number of high-risk claims at an alarming number of companies.
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