High-Stress Jobs Linked to Higher Health Costs
The economists suggested that easing workplace stress could help governments reduce soaring health budgets and bolster employee morale.
The economists suggested that easing workplace stress could help governments reduce soaring health budgets and bolster employee morale.
The company said it works with employers to create a customized enrollment strategy and benefit education program for voluntary benefits.
Employees who don’t take action are penalized—typically by a default enrollment into the option with the most basic coverage or to no coverage.
HSAs allow only preventive care to be outside the deductible and covered 100 percent on a first-dollar basis.
Respondents said their organizations were implementing or planning to make additional changes to improve care in the next three years.
“An employer may not be in a position to provide a bonus or pay rise but they can certainly help their employees by providing benefits such as a good workplace pension scheme where both the employer and employee can save on tax and National Insurance Contributions.”
These programs don’t have to be expensive to be effective, especially if they are championed by employees themselves.
The program honors growing companies (with five to 1,000 employees) for their commitment to outstanding benefits.
At the same time, employers are constantly reminded of the legal constraints they face in attempting to increase the level of wellness program participation.
“Seeing employers make innovative changes aimed at prevention and wellness instead of just shifting costs around is like a breath of fresh air,” said Nancy Kennedy
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