Employee healthcare costs are a significant expense on every employer's profit- that's why it literally pays to have healthy employees. Here's how to reduce employee healthcare costs in your office.
Start up employee wellness programs in the workplace and watch your employee healthcare expenses drop. These healthy employee programs can include weight loss programs, exercise and nutrition workplace challenges, or monthly heart health screenings.
Charge a higher rate of employee health insurance for those individuals who have bad health habits. It may cause an initial uproar to charge a higher rate of employee health insurance to smokers (for example), but it may also motivate them to change their lifestyles, as well as save you a great deal of money.
Educate staff about healthy habits to lower healthcare costs. Even just hosting a guest speaker once a month at a regularly scheduled meeting can make a difference in both employee health and employee healthcare insurance costs.
Offer employee wellness incentives. Reward health habits by offering bonuses to healthy employees with paid time off and you'll actually end up saving money in the long term.
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