Akos Remedies in Realtime

1. 1 |
Disrupting
Workers’
Compensation

2. 2 |
Industry Landscape

3. 3 |
Employee health insurance and workers’ comp costs are a
top concern for employers as premiums continue to rise
Employee contributions and deductibles are on the rise
and many can no longer afford coverage for spouse or
family
Employee time away from work leads to lost productivity
Health Crisis In The Workplace

4. 4 |
Health Insurance Costs Soar
Premiums Have Grown 4.5x Inflation For 14 Years
Cumulative Increases
1999-2013
Source: Kaiser/HRET Survey of Employer-Sponsored Health Benefits, 1999-2013. Bureau of Labor Statistics, Consumer Price
Index, U.S. City Average of Annual Inflation (April to April), 1999-2013, Bureau of Labor Statistics, Seasonally Adjusted Data from
the Current Employment Statistic Survey, 1999-2013 (April to April).

5. 5 |
Health Care Is Costly
Unhealthy workers’ absenteeism
costs employers more than $153
billion per year in lost productivity
For every day an employee
calls in sick, it costs the
average employer $341
38% of all absences are
related to health issues
Health Plan
$10,122
Disability
$1,111
Sick Leave
$7,757
Workers' Comp $672
Presenteeism
$21,256
Avg Annual Cost Per Employee 2010
Source: Goetzel, JOEM, 2004 (data adjusted to 2010) & Collins Presenteeism Study (2005) of Dow Chemical (used to determine Presenteeism costs)
Callup-Healthways Well-Being Index 2011
Ann Hewitt – Senior VP of national absence management consulting practice leader, 2013

6. 6 |
Poor Health Drives Absenteeism
U.S. Workforce Illness Costs $576 Billion Annually
From Sick Days To Disability And Workers’ Compensation
Source: Bruce Japsen, Contributor, U.S. Workforce Illness Costs $576 Billion Annually From Sick Days To Workers’
Compensation, Forbes Sept 12, 2012
 Poor health costs the U.S. economy more than a half a trillion dollars a
year from absenteeism due to illness and cost of disability and workers’
compensation
 $227 billion is annual “lost productivity” from employee absenteeism due
to illness or “presenteeism” (employees report to work but illness
reduces productivity)

7. 7 |
Occupational Injuries Drain Productivity
Source: U.S. Bureau of Labor Statistics, 2015
Distribution of cases requiring days away from work by event and body part
Other 36%
Overexertion lifting/lowering 12%
Fall on same level 12%
Slips/trips without falling 7%
Violence 4%
Fall to lower level 3%
Back 36%
Knee/Ankle/Foot 23%
Neck/Shoulder 14%
Other 9%
Arm/Wrist/Hand 9%
Multiple 8%

8. 8 |
Source: Integrated Benefits Institute, October 2013
Back pain not only takes a
toll on quality of life but
impacts productivity at work
Nearly 1 in 4 employees
report experiencing low-back
pain
Back Pain Costs Employers
$34,600 Yearly
(per 100 workers)
WC
$1,900
LT
Disability
$4,200
ST Disability
$7,100
Presenteeism
$8,300
Sick Days
$13,100

9. 9 |
Akos
Return To Work
Solution

10. 10 |
Why Telemedicine?
Accessible
 Access via smartphone or tablet
 No appointments… no commute… no waiting rooms
Available
 RNs and MDs on call 24/7/365
Why Akos?
Advanced
 Innovative user interface
 HIPAA compliant platform
 Calls recorded
Specialized
 RNs highly trained to triage injured employees for
appropriate care path
 Provides documentation to ensure all parties are notified
Akos Gets Employees Back To Work
Telemedicine provides the most efficient Return To Work solution

11. 11 |
Employee/
employer
contact
Akos
RN triages
employee and
determines
best care path
Prescribe
home care
Workplace
injury occurs
In-person MD
consult at ER or
Healthcare Center
in our network
Transfer
employee to
appropriate MD
Akos Workers’ Comp Process Flow

12. 12 |
Benefits of Early Return to Work on Physical and Mental
Health
 Gives purpose in life, confidence, self-esteem and happiness
 Keeps employee busy, challenged, and helps with personal development
 Gives sense of pride, identity and personal achievement
 Promotes recovery and rehabilitation
 Improves quality of life and well-being by improving physical and mental
health
Akos RTW Improves Employee Morale
Early RTW = Healthier Employee + Happy Employer

13. 13 |
Akos RTW Employer Advantages
Reduce Medical Costs Reduce Indirect Costs
 75% of workplace injuries can be
managed through telemedicine with
RTW program
 Significant reduction in first aid
claims and medical costs associated
with minor workplace injuries
(Costs associated with OSHA, 3rd party
liability, legal, worker’s pain and suffering)
 Claims impact experience
modification rate and insurance cost
 35% avg savings on work comp
premiums by maintaining claim free
rating (dependent upon business
size and variables as expected loss
rate)

14. 14 |
Thank
You
Kishlay Anand MD MS
Founder & Chief Executive Officer
KAnand@AkosMD.com
917.364.6662
Tim Cozatt
Chief Operating Officer
TCozatt@AkosMD.com
480.395.8211
Doug Singer
Sr VP Business Development
DSinger@AkosMD.com
602.525.2663
Brandon Hendricks
VP Business Development
BHendricks@AkosMD.com
623.670.6417
PO Box 41638
Phoenix AZ 85080
1.844.900.AKOS
Welcome@AkosMD.co
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