Are you and your teams overloaded? Study results across 11 countries revealed that 53% of managers and 48% of employees feel burnt out from their job. Achieving a healthy work-life balance is key to beating burnout. It can also maximize productivity, make managers more effective, directly impact employee health, and reduce sick days and absenteeism.
If managers and teams pull long hours, take work home, and neglect their personal lives, this can have serious repercussions.
Layoffs are happening all over the economy right now. If you are considering layoffs or wondering what other businesses are thinking about, let’s look at how health insurance fits into the process.
Did you know that 80% of survey respondents worry about receiving access to medical care?
The last few years have seen a lot of upheaval in the health industry, ranging from abortion bans to rising care costs. These issues are still ongoing in 2023, and new health stories have emerged that may affect millions of Americans.
Keep your finger on the pulse and continue reading to learn more about the leading health stories to watch in 2023.
When searching for a healthcare plan, employers seek the best benefits for the most value within budget. The industry is currently dominated by brokers and insurance carriers that offer pre-set packages at high premiums. This lack of cost transparency creates a dynamic that’s difficult to manage – direct contracting solves this by connecting directly with healthcare providers.
But what exactly is direct contracting, and how does it differ from the current market? Beth Johnson, co-founder of D2E Health Plans, explains how this approach provides a better solution.
In October 2022, the inflation rate was 7.7%. While this is the fourth month that it slowed down, many employees are still feeling the effects of economic inflation. As an employer, there are several ways that you can support employees.
Multiple studies have confirmed that it is much easier to get sick during the winter months. That’s because you’re typically around people more due to holidays and traveling. However, the viruses are also more stable in the winter, which makes them easier to catch. But how can you avoid winter sickness this year?
In a recent poll, 61% of small business owners said they’re struggling in the current economy. To stay ahead of inflation, US businesses have raised their prices by as much as 27% in the past 12 months.
Are you worried about rising costs and their effects on your place of business? What are other small business owners doing to battle the effects of inflation?
An estimated 18 million Americans – 7% of the country’s adults – can’t afford the medicine they need. And 1 in 10 admitted to skipping prescribed doses to make their medicine last longer. These statistics from mid-2021 aren’t improving. They paint a shocking portrait of the pharmaceutical situation.
Unsurprisingly then, reducing medical costs is one of the hottest topics in the country. When President Biden came to power, reducing health insurance and drug costs were the top two priorities citizens had for him.
Though not a politician, Mark Cuban’s new drug company is aiming to achieve the latter of those goals.
The modern design of the American employee is evolving. It’s shifting to focus on basic needs, perhaps the way it always should have been. Enter year two of the pandemic. The safety of the average employee is getting to where it should be: at the top, in the front view, and considered with every decision. Many experts agree that a mass exodus (coined the Great Resignation), of working people, comes from a tiring experience of being unheard for so long.
Staff retention is not as complex as many businesses perceive it to be. When you provide the basic needs that your staff deserves, they know that someone is looking out for them. Investing in your staff is investing in employee retention.
One of the best ways to show your staff that you’re invested in them is to make sure that your business is offering healthcare. Let’s break down the current scope of business owner benefit consulting.
Have you noticed more employees struggling with mental health? In the fourth quarter of 2020, Gartner, Inc. surveyed over 5,000 employees. They found a 29 percent self-described rate of depression in the workforce. Participants described the COVID-19 pandemic as the main cause.
There is no doubt that poor employee mental health impacts many aspects of your business. But what’s the best approach to having a conversation about mental health for employees? Keep reading to find strategies to open communication with your workers.