Long-term sickness costing economy £66.3bn by 2030: Zurich

Workers need government support

Cameron Roberts
clock • 2 min read

The cost of long-term sick leave is set to almost to double by 2030, costing the economy £66.3bn a year in lost productivity, according to a study by Zurich and the Centre for Economics and Business Research.

The report also unveiled that the number of workers with long-term health conditions has increased by 27% in the last six years, these workers took a total of 112.5m sick days in 2023. All in, this cost the UK economy £32.7bn, a figure set to double in the next six years. Peter Hamilton, head of market, Zurich, said: "The wider issue here isn't about people wanting to be off work - the vast majority want to get back to ‘normal life' as quickly as they can. There is a requirement for multiple interventions from both the Government and employers to make sure people have the support they ne...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now


Already a Cover member?


More on Regulation

The King's Speech: employment

The King's Speech: employment

Worker's rights plus race and disability

Cameron Roberts
clock 18 July 2024 • 3 min read
MPs call for SSP reform

MPs call for SSP reform

Not enough support for those who need it

Cameron Roberts
clock 28 March 2024 • 2 min read
Keith Richards unveils new Consumer Duty advisory body

Keith Richards unveils new Consumer Duty advisory body

Building cross-sector alliance

Jaskeet Briah
clock 10 March 2023 • 2 min read