In the Canadian business landscape where the bottom line is always a consideration, it might seem tempting to minimize costs by cutting back on your employee health benefits or not providing at plan at all. There may be several reasons your organization may be considering skipping this investment – we’re here to make you reconsider forgoing this employee perk. #BenefitsHack
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Is your benefits plan adequately supporting your employees? A recent RBC survey shows that, despite rising challenges with mental and financial health, many employees are not taking advantage of their employer-provided benefits, which could provide much-needed support.
Feeling the strain? RBC survey shows many unaware of employer benefits
wealthprofessional.ca
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🌟 Transformation Tuesday Spotlight: Elevate Your Employee Wellbeing with a Health Cash Plan! 🌟 Today, we're shedding light on a transformative approach to employee benefits that goes beyond the ordinary. In a world where accessing professional healthcare can be challenging, it's crucial for organisations to prioritise the wellbeing of their workforce. 🌐 The Transformation: Many of our clients have experienced a remarkable shift in their employees' perception and overall satisfaction by introducing a Health Cash Plan. This isn't just a benefit; it's a commitment to showing genuine care for your team. 💼 Aligning Values: Implementing a Health Cash Plan demonstrates a commitment to the health and happiness of your employees. It goes beyond the standard benefits package, showcasing a dedication to their overall wellbeing, from routine dental check-ups to essential optical appointments, flu jabs, and even physiotherapy sessions. 🏥 Everyday Healthcare Coverage: Imagine a workplace where your employees have the peace of mind that their everyday healthcare costs are covered. A Health Cash Plan provides financial support for a range of healthcare expenses, making it easier for your team to prioritise their health without the burden of excessive out-of-pocket expenses. 🚀 Transforming Workforce Perception: Our clients have witnessed a positive transformation in how their employees perceive their organisation. By offering a Health Cash Plan, companies are not just providing a service; they are fostering a culture that prioritises health, contributing to a more engaged and satisfied workforce. 💡 How to Elevate: Are you ready to transform your company's approach to employee benefits? Let's discuss how a Health Cash Plan can align seamlessly with your company values and contribute to the elevation of your workplace culture. 📩 Ask Us How: Feel free to reach out to explore the possibilities and discover how a Health Cash Plan can be tailored to meet the unique needs of your organisation. Let's embark on this journey together and elevate your employees' health and wellbeing. #transformationtuesday #employeewellbeing #healthcarebenefits #companyculture #transformwithus https://lnkd.in/e7gveiZD
Have you considered a Health Cash Plan? | Corpad Employee Benefits
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Building a cost-effective health benefits package is challenging, but understanding employee needs and offering accessible care can make a significant impact. In this article from Employee Benefit News, Peter Freska, MPH, CEBS of Acrisure emphasizes aligning benefits with long-term employee health by removing barriers like copays and expanding telehealth options, making healthcare an investment rather than an expense. His approach involves close collaboration with employers to balance affordability with valuable offerings, highlighting the importance of communication and strategic planning in crafting sustainable, supportive benefits programs. A healthy employee is a productive one. More below: https://lnkd.in/eUHEndBp #benefits #futureofwork #productivity #sustainability #mentalhealth
A benefits expert's advice: View healthcare as an investment, not an expense
benefitnews.com
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As companies are competing for top talent, the right health benefits could be a game-changer in their total rewards strategy. 💼 We know that the modern workforce has evolved to expect a more comprehensive and wholesome compensation structure. 🌟 In this let’s first talk about the tangible healthcare benefits. 💡 While employee health insurance has been an important component of employee benefits, it’s time that we spice it up. 🌶️ For example, some of your employees might like yoga to stay fit, while some might like the gym routine better. 🧘♂️🏋️♂️ So, why not make the best of both worlds? Customize a healthcare allowance that allows your employees to curate their health routine according to specific needs. 💪 But, let’s not forget, that along with these benefits, non-cash perks are just as important for your employees. 💼 The more you involve yourself in your employee’s well-being, the higher your chances of becoming an employer of choice. 🌟 You can start with flexible work schedules. Employees appreciate being the master of their own time and therefore put in hours that are more productive and result-driven. 🕒 Take actionable steps to support your commitment to work-life balance. 🏡 Provide healthy and comfortable working conditions. 🍏 Keep the standard working hours. Overdoing on that is always a big no-no. 🚫 If your bandwidth allows it, include additional paid time-offs in your benefits structure. ⏰💼 While these might seem like small steps, they have a significant impact on your retention game. 📈 And there is no concrete set of rules for doing this. 📋 It’s all about knowing the industry's best practices and blending them with your organizational capabilities. 🔄 So, this year let’s aim to drive better employee retention with considerate and relevant healthcare benefits. 🎯 #compup #employeehealthcare #employeebenefits #employeeretention
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Rethinking your employee health benefits? Self-funded plans offer more than you might think. Gain control, save on costs, and safeguard against unexpected large claims - all while tailoring coverage to your team's needs. Curious about how this could work for your business? Let's connect on LinkedIn and explore your options. #EmployerBenefits #HealthcareCosts #RiskManagement
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Rethinking your employee health benefits? Self-funded plans offer more than you might think. Gain control, save on costs, and safeguard against unexpected large claims - all while tailoring coverage to your team's needs. Curious about how this could work for your business? Let's connect on LinkedIn and explore your options. #EmployerBenefits #HealthcareCosts #RiskManagement
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Rethinking your employee health benefits? Self-funded plans offer more than you might think. Gain control, save on costs, and safeguard against unexpected large claims - all while tailoring coverage to your team's needs. Curious about how this could work for your business? Let's connect on LinkedIn and explore your options. #EmployerBenefits #HealthcareCosts #RiskManagement
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Rethinking your employee health benefits? Self-funded plans offer more than you might think. Gain control, save on costs, and safeguard against unexpected large claims - all while tailoring coverage to your team's needs. Curious about how this could work for your business? Let's connect on LinkedIn and explore your options. #EmployerBenefits #HealthcareCosts #RiskManagement
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Rethinking your employee health benefits? Self-funded plans offer more than you might think. Gain control, save on costs, and safeguard against unexpected large claims - all while tailoring coverage to your team's needs. Curious about how this could work for your business? Let's connect on LinkedIn and explore your options. #EmployerBenefits #HealthcareCosts #RiskManagement
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Have you ever been frustrated with the prior authorization process for a prescription or procedure? If so, check out this video!
Employee Benefits Expert | Fitness Enthusiast, Golfer, Girl Dad, Outdoorsman | Principal at BeneSmart
Employers, are you struggling to balance your employee benefits packages with costs? Consider utilizing a health plan with effective prior authorization to curb expenses. Remember, the key is to make it "effective" for the employee as well. #healthcare #employeebenefits #priorauthorization
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