Believe it or not, implementing a comprehensive health plan for your employees is a strategic decision that will yield a huge number of benefits for your company.
A robust health plan can become a cornerstone of a thriving workplace. How? Simply, by enhancing productivity, attracting top talent, and reducing long-term healthcare costs.
Let's have a look at the top reasons why you should prioritize comprehensive health coverage for the employees at your workplace.
Boost Your Employees' Productivity with Comprehensive Healthcare Plans
The better your employees' health, the more likely they are to be productive. It is for this reason that all of your employees must have good, affordable benefit plans. With access to such plans like United Healthcare, BlueCross Blue Shield, and others, they can address their health issues quickly and effectively. This access will significantly reduce absenteeism and help address any problem of low productivity.
To understand it better, you can take an example of an employee dealing with diabetes. Without adequate health coverage, they might avoid necessary check-ups. This avoidance can lead to severe health issues and lower productivity in the long run. With a good health plan, this same employee can manage their condition through regular doctor visits and medication. It will thus ensure that they remain fully active and engaged at work.
To get even better results, you can include mental health support in your workers' health plans. An employee who is experiencing high stress might benefit from counseling services that have been included in their health plan. It will then prevent their burnout and maintain a good amount of productivity. Benefits redesigned will help you find comprehensive plans for all of your workers.
Attract and Retain Top Talent for Your Company
The job market has become hugely competitive for employers. Regardless of whether you are in manufacturing or in consulting, it takes considerable efforts and planning to retain your top talent. Providing workers with a united healthcare plan is a step towards this direction. Prospective employees often consider the benefits package as a critical factor in their decision to join and stay within a company.
Imagine a software developer deciding between two job offers. One company offers basic healthcare insurance with minimal coverage. Another provides a comprehensive plan that covers everything - medical, dental, vision care, and even mental health. Which company do you think this employee is likely to prefer?
Current employees are also much more likely to stay with a company that prioritizes their health. After all, even before money, health is something that most workers are likely to prefer! Also, sometimes, it is not just about the employee but also about the healthcare of their family. For instance, employees with families might choose to stay with a company because the comprehensive health plan covers their children's healthcare needs. Thus, a strong benefits package will give you higher loyalty from your employees. It will prevent costly turnovers and operational disruptions.
Reduce Long-Term Healthcare Costs
Investing in a comprehensive health plan will also lead to substantial savings for your company. Preventive care included in these plans helps detect health issues early – long before they become severe and expensive to treat.
For instance, regular health screenings can detect conditions like high blood pressure early on. Early detection allows for timely intervention and management of a disease. This prevention avoids costly emergency room visits and hospital stays for your workers - thus reducing the overall healthcare expenses for your company.
You will also be surprised to know that united healthcare plans can even include wellness programs. These programs promote exercise, healthy eating, and smoking cessation in your workers. This will help you have a healthier workforce, which means fewer chronic diseases and lower medical costs. For example, a wellness program might include a fitness challenge. Employees participating in this challenge might then have improved health, which will reduce their need for medical treatment.
Another example of the benefit of a preventive healthcare plan is the flu shots. Flu shots prevent the spread of influenza in employees, thereby reducing their sick days and maintaining a high amount of productivity. The cost of providing flu shots is significantly lower than the potential loss in productivity from a flu outbreak in your entire organization.
All in All
Implementing a United Healthcare, BlueCross Blue or other benefit plan for your employees is a strategic investment that yields significant benefits – both for you and your workers.
By boosting productivity, attracting and retaining top talent, and reducing long-term healthcare costs, you will create a healthier, more productive, and much more committed workforce for your brand.
Benefits redesigned will help you create a customized health plan for your employees. All you need to do is contact us and one of our team members will get in touch.
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