The 2017-2018 flu season hit as early as November last year, leaving some to scramble to catch up, and still others to wonder if the effectiveness of the flu vaccine is going to hold. So what can employers do to keep their employees healthy and at work as flu cases spike this January and February?
When charting a benefits plan for employees, employers often focus on what has worked in the past: providing coverage to their employees for their physical health, like routine physicals, disease management, and pregnancy. While that is important, employee’s mental health is shaping up to be just as important to an employer’s bottom line.
So you’ve heard the hype about wellness and buy in, but the question now is: how do you encourage your employees to do the same? Well, here are the steps needed to implement a successful wellness plan.
During Open Enrollment season it’s important to understand all the benefit options available to your employees. An especially hot topic is that of Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA). They both have a lot in common: they use tax-free dollars to help people manage their health care, and they’re easy to set up and don’t require employees to change anything about their medical benefits. The similarities however stop here, and the differences are key to understanding which you should go with.
As you set out to select a health plan, sifting through the sea of options can be overwhelming. With so many plans to choose from, how are you supposed to distinguish between those that will deliver quality care and those that won't? Sometimes it can feel like you'd need a crystal ball to tell whether a given plan will end up meeting your expectations or falling flat.
Many plans try to convince you of their worth by simply inundating you with information. To identify the highest-quality health plans in your lengthy list of options, however, just a few characteristics end up making all the difference. As you evaluate potential health plans, look closely at these indicators, as they can point you toward the highest-quality option:
Open Enrollment for 2017 employer-sponsored health plans and Marketplace health plans begins this fall and runs through the end of January 2017. For many Houston-area employees, it also means that employers can sign up for an affordable, high-quality employer-sponsored health plan such as KelseyCare, or individual healthcare coverage through the federal exchange or through a state website should it be available. Under the healthcare law, your employees can buy health coverage through the Health Insurance Marketplace for Individuals and Families instead of accepting the insurance you offer.
For years, organizations have invested heavily in wellness plans designed to help keep their employees healthy. From Google's on-site physicians and free fitness centers to local businesses' healthy lunch discounts, companies of all types have embraced the preventative strategy. In fact, seven in 10 U.S. companies offered physical wellness programs to their employees last year, according the Society for Human Resource Management's "2015 Employee Benefits" report. The goal? By encouraging their employees to live more healthy lifestyles, companies hope to avoid costly healthcare claims.
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The Kelsey-Seybold DifferenceLower Costs on Group Health Insurance, Big Benefits for Small Business
At Kelsey-Seybold, we understand different businesses have different needs. We deliver long-term health benefits solutions for Houston employers through several leading partners. Our health plans offer as its core provider network and accountable care partner – the nation’s first NCQA-accredited Accountable Care Organization, Kelsey-Seybold Clinic.