As businesses continue their recovery from the pandemic, many are finding it harder to retain and recruit employees needed to help their companies run. While some employees are looking for better pay or the flexibility to work from home, others prioritize having access to quality health insurance for themselves and their families. Although some companies have been hesitant to offer Group Health Benefits to their staff, ultimately, it's an investment worth making. In today's Aegis blog post, we explain three reasons why businesses should consider offering Group Health Benefits to their employees and their families if they're not already.
Keeps Employees Healthier
One of the best reasons why any company should offer their workers Group Health Benefits is that it can result in healthier employees and safer work environments. When employees have access to quality Health Insurance, they are more likely to get annual check-ups and tests and not put off needed treatments. This can improve their overall health and well-being by ensuring that any major issues are detected and treated early, thus prolonging their quality of life. Employees with access to health insurance tend to be healthier at work and can maintain a higher level of job safety, with less risk of suffering a workplace injury or accident due to something preventable like having prescription glasses or necessary blood pressure medication.
Increases Employee Productivity
Additionally, companies benefit when they offer Group Health Benefits because it results in a healthier workforce and safer work environment. Sick employees can get immediate treatment or medication to help them fight off illnesses instead of reporting to work while ill, spreading germs, and getting others sick. Companies with Group Health Benefits see fewer sick days taken overall because people have access to preventative care and get the treatments needed when they are sick, so there is less downtime for companies reliant on larger staff, such as restaurants or retailers. Also, health care access can mean greater productivity for workers battling chronic illness or issues such as diabetes or migraines, both of which would normally result in more missed work days.
Keeps Employees Happier
Finally, employees with access to Group Health Benefits tend to be happier because of the peace of mind that comes with having access to affordable health insurance, dental care, and vision benefits. It means that they and their loved ones can get the immediate care and treatment they need with much lower out-of-pocket costs. When companies offer Group Health Benefits, it's a way of businesses letting their workers know they value them and their health, and it can lead to much higher retention rates. Employees are more likely to stay within a company if it means keeping their access to good healthcare, and this results in lower costs for the company because lower employee turnover means reduced recruiting and training costs.
Group Health Benefits involve a cost to companies each year, but their price is far outweighed by the immediate and long-term benefits they provide to businesses and their workforce. Aegis Insurance & Financial Services helps companies identify their Group Health Benefit needs and can tailor an insurance package that meets their unique industry needs, all at competitive rates. For more information about Group Health Benefits, contact Aegis today at 713-850-7622 or fill out our online form to request a free quote!