2023 changes to consider for your employee’s health and wellness
The new year is approaching fast, and employers need to be considering a number of changes that are occurring over the next year that could have a significant impact on their employee’s well-being. Healthcare affordability is expected to skyrocket and Business Group’s 2023 Large Employers’ Health Care Strategy and Plan Design Survey are reporting that nearly 40% are expecting an increase in medical services next year due to care delayed during the pandemic. This increase is resulting in larger demand and above-average healthcare costs.
High healthcare costs can have a significant impact on employees' financial well-being and can lead to financial stress and other negative outcomes. This can have a negative impact on employee morale, productivity, and retention, which can ultimately affect the company's bottom line. Companies have a responsibility to ensure that their employees have access to affordable, high-quality healthcare. By providing employees with access to comprehensive, cost-effective healthcare benefits, companies can help to promote the overall health and well-being of their workforce, which can have a positive impact on the company's overall performance.
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