An employer can achieve two broad objectives through the
use of health and welfare plans designed specifically for their employee
population. The employer can demonstrate its commitment of being socially
responsible by protecting employees against a large portion of unexpected costs
for medical care in the event of illness or injury. Employers can also add to
their bottom line by attracting, motivating, and retaining employees through the
use of preventative care and wellness programs that increase employee retention,
decrease turnover, reduce absences, and enhance the relationship between the
company and its employees.
For Employees
Most employees cannot obtain affordable and flexible healthcare coverage
without help from an employer. If an employer can provide a program that
considers the healthcare needs of employees, provides flexible benefit options,
bares some or most of the cost, and communicates the value of its programs to
employees, employees will respond with appreciation and enthusiasm for the
success of the company.
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