How can you include more customization in your Small Business Health Benefits?

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How can you include more customization in your Small Business Health Benefits? -

In the last few years well-being, health and programs have slowly made their way How Can You Include More Personalization in Your Small Business Health Benefits? in the employer provided health care. However, they can be difficult to include in the health benefits of small businesses because of their cost. An investigation by Welltok, Inc. and the National Business Group on Health examines the effect of wellness programs on employees, and overall user satisfaction. Although the results are usually favorable, it seems that there is room for improvement.

Results of the survey generally favorable

Based on 1,000 responses from employees of large companies, the survey suggests that the general opinion of health and wellness programs -being sponsored by the employer is of a positive nature. About 81 percent of those who participate in such programs have reported feeling as if their physical well-being was better. In addition, more than half believe that the inclusion of their families in the program would encourage them to participate more often.

Respondents Desire More Personalization

It is important to note that the one-size -Fits-all approach may have worked in the past are no longer effective. People are motivated by a variety of factors, including those described in this survey: direct managers, colleagues and rewards programs. By customizing the approach to your small business health benefits, you can maximize participation.

An interesting statistic that materialized in the study was in reference to financial stability. Nearly two-thirds (63 percent) of employees who make $ 50,000 or less feel that their employers should play a role in their financial health. Specifically, the "cost effective care" and "/ emotional personal support resources" were ranked at the top of the list.

Again, in case of small health benefits of the company, it can be difficult to provide extras. One way to help create a sense of financial stability for your employees is to provide financial education.

A new approach This can be customized for each company (and each worker), helping to give your employees to take charge of their own finances and give them the control to manage their spare money: Benefits widely

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one of the most effective ways to provide health benefits for small business employees (as well as control costs) is consumerize your benefits program. This means that you designate an amount of dollars excluding VAT per month for each employee and then give them the power to choose their own health plan.

Following this approach allows the ultimate customization of health benefits for small businesses. high deductible plans with the platinum level of coverage, each employee can choose what works best for his family. widely publicized health benefits may take many forms, so be sure to ask about all available options before making a decision.

Conclusion

Perhaps the most important takeaway from this survey is that employees enjoy being a part of the conversation. By allowing workers to have a say in their little benefits the company's health, you let their voices and give them room for customization requested by participants of the survey.

personalization How will you build your company's health benefits small? Let us know in the comments below!

Consumerization: An Employee Benefits Advantage for Small Business

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