Insurance Wellness Programs: Help Your Employees Stay Healthy and Happy

Is This Costing Your Business Thousands of Dollars Every Year?

Health insurance  It’s something that everyone should have but no one wants to use. As an employer, you may feel this even more strongly. On the one hand, you fully believe in providing your employees with a benefits package, and have the options in place for them to take advantage of. At the same time, no one wishes ill on their employees. A healthy workforce equals a happy and efficient business. In fact, losses linked to health-related absenteeism have been found to cost employers, on average, $1,685 per employee per year! Think about the size of your staff, and that number can add up to a large amount.

One of the greatest threats to employee health is chronic disease. While the phrase “chronic disease” brings comfort to no one, look at it this way: much of the costs and illness caused by chronic conditions can be changed through simple lifestyle habits and choices. As a business owner, your endorsement of wellness programs can go a long way in affecting the health of your employees, and, as a result, your bottom line.

How Your Employee Benefits Plan Can Help

Here’s some good news. By providing your staff with a healthcare plan, you may very likely also be providing the tools to keep them healthy in the first place! Most major providers have programs to encourage wellness, all the way from initial assessments to follow-up incentives, with assistance along the way. Common opportunities include:

• Health assessments, to determine how to best improve your employees’ health
• Personalized lifestyle and disease management
• Digital platforms to make it easy to participate
• Rewards and incentives to keep up healthy habits

Look out for:

Lifestyle Management programs that focus on things like weight loss, smoking cessation, physical activity, stress management, and diet.

Disease Management which identifies and helps control conditions like asthma, diabetes, heart disease, chronic pain, and more.

Programs often include one-on-one coaching, ensuring a personalized experience and encouraging accountability, as well as wearable trackers and digital centers to keep motivation going.

Conclusion

By encouraging your employees to take part in these programs, you’ll not only be cutting costs for your business, but you’ll be providing your workforce with a better quality of life. The only way you can do that is by staying informed about all your healthcare provider offers. 

Curious to find out what your options are? Reach out by contacting the Corporate Coverage team – as always, we are happy to assist.