Due to changes caused by the Coronavirus outbreak, many people have made the transition to working from home. This new reality has changed the way most people do business — from holding meetings over Zoom to dealing with distractions at home, this new reality has been an adjustment for just about everyone involved. For employers, this has meant adjusting where they allocate resources and how they operate on a day-to-day basis. As companies continue to keep their employees working remotely, it’s important to understand the effects this change will have on employee insurance benefits.
Most Americans rely on their workplace to offer their health insurance options. As we adjust to a new way of working, it’s important as an employer to ask: Should I make adjustments to the benefits I offer my employees?
The answer to this question is almost always: Keep offering benefits!
In order to retain employees and save company time and money, offering insurance is imperative. Health insurance is an important consideration most people take when deciding whether or not to take a job. Offering competitive health insurance options gives you a competitive advantage.
When employees feel their best and know they are protected if anything happens, they are more likely to work harder for the company. Employees with insurance are more likely to go to the doctor for annual check-ups to ensure their health. If you give your employees insurance, they will likely take less time off for illness, which will benefit your company in the long run.
Especially during these uncertain times, offering insurance and peace of mind to your employees allows them to focus on things other than their well-being. Virtual healthcare is also a great option for most employers, as the effects of COVID-19 drive many people to stay home as often as possible. If that is not included in your program now, consider adding it. Most people will want to be able to contact a doctor while adhering to the social distancing measures still in place.
As companies adjust to the “new normal,” they must consider how this could change their benefit programs for their employees. Ensure that you are giving the best options possible to all your employees, and giving them a piece of mind during this uncertain time. Contact us for more information on how you can best serve your employees with the best possible benefits.