Your employee benefits plan might be the last thing on your mind, but it’s key for your employees when looking for a job or deciding whether to stay or leave your company.
An employee health benefits plan is a great tool to acquire and retain talent, but how do you make sure your benefits plan is competitive and cost-sustainable?
There are three major factors that can help you to power up your benefits plan.
1. Tech Tools for Plan Members
Your employees are active and tech-savvy: why have a benefits plan that buries them (and you) in paper and outdated technology? At GroupHEALTH, plan administrators get access to WEBS, with custom reporting, automatic alerts and anytime access. Plan members use their phones to enrol in their plan, find information, make claims and get support anytime, anywhere. A digital-first approach means a benefit plan that goes where you and your employees go.
2. Built-In Cost Containment
87% of plans we review tell the same story: employers and employees are under-served and over-charged by traditional benefit providers. By addressing the root cause of plan costs – unsustainable incentives and poor plan management – we keep average premium increases below market trends for years. And our client-focused service and support programs keep our costs low so that your costs stay low. We don’t build discount plans – we build cost-contained plans. Financial stability is built into every GroupHEALTH plan.
3. Virtual Healthcare & Disability Management
All GroupHEALTH plans include access to virtual healthcare so that plan members can access a healthcare professional anytime, from anywhere, right from their phone. Built-in employee and family assistance programs ensure that employees get access to mental health counsellors for life’s challenging moments. And Disability Management Services come with all our disability coverage, to ensure we return employees with health challenges to work quickly and safely.