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Top 3 reasons why Paramedical services in employee benefits plan is a must have!

Top 3 reasons why Paramedical services in employee benefits plan is a must have!

1. Attracts prospective talents and helps retain current ones

Paramedical services are often described as a nice-to-have addition to employee benefits plans instead of must-haves. But more and more employees are seeing the importance of these services. Having Paramedical services in your group benefits not only will attract prospective talents to your First Nations organization but also will help retain your employees.

 

2. Increases employee morale and loyalty

Creating a Work-Life balance can be difficult for today`s workforce. With services like “Massage Therapy” employees can relieve tension and pain. Giving your employees access to Paramedical services can help them to lead to better health, such as to overcome stress and increase morale.

As a Plan Administrator, are you worried about the cost?

Generally, employees pay a certain portion of the cost. This amount usually reduces the longer employees stay with your Indigenous organization.

 

3. Costs can be controlled

Making paramedical services work for you and your employees relies on sustainability. In order to include Paramedical Services in your benefits plan, you need to manage the costs and have a budget.

Unfortunately, runaway expenses can quickly derail your plan. Managing and monitoring plan benefits usage is crucial to identifying patterns, which can be used to modify the offerings for future sustainability.

In addition, adding minor restrictions to the plan can also help mitigate bloated costs. Enforcing a per-visit or per-practitioner limit is a good idea, but can still be expensive if the plan members have large families. Many companies have adopted this option instead of a family maximum, which encourages employees to be more responsible for their usage.

Another option for cost control can be to implement a tiered-based coverage based on tenure.

 

Offering paramedical services to your workforce is a great way to keep them healthy and happy, but being cognizant of the accompanying costs is also extremely important. Finding a balance between employee morale and the costs is the bottom line to the successful employee benefits plan.

April 2nd is Employee Benefits Day

April 2nd is Employee Benefits Day. The day was organized by the International Foundation of Employee Benefit Plans (IFEBP), as a day of appreciation for those in the benefits profession. It is meant to recognize the work these individual do, to educate both employee and employers about the wide range of benefit topics and issues.

Employee_Benefits_Day_LogoEvery year the IFEBP brings focus on a particular subject, and this year they have chosen Wellness 2.0.This is the growing movement to expand employer wellness programs to encompass all areas of total well-being: body, mind, wallet, community and work. Today everyone is encouraged to examine what initiatives your organization could offer to increase your employees’ overall health

Check out the IFEBP website for some great tools to start incorporating the Wellness 2.0 movement in your workplace.

Benefits of Massage Therapy

massage_armMore and more companies are recognizing the importance of adding paramedical services to their group benefits plans. One of the more understated of these services is therapeutic massages.

Aside from its most common treatment used for soft tissue and joint pain, massages have many other great health benefits. Massage therapy treatments can reduce stress and support your general health and wellness. It can even prevent diseases and other conditions from manifesting. In other words, the importance of regular massage therapy for most people’s health maintenance simply cannot be overstate

Below are just a few of the newly understood applications for therapeutic massages.

  • Depression and Anxiety
  • Hospice Care
  • Alzheimer’s Care

If you want to see how Eagle Bay Financial can help you with your Group Benefits plan, check out our benefits page by clicking here and contact our team.

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