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The full impact of COVID-19 on employee health is yet to be defined.
However, there are ripple effects that HR and benefit leaders can manage now with the right strategies and tools. Read through this flipbook to gain insight into how you can navigate this time of uncertainty and help their employees thrive in a post-pandemic environment.
Analyzing Trends for the Future of Benefits
This ebook will cover the four main steps employers can take to minimize the effects of COVID-19 and capitalize on positive changes:
Identify and mitigate cost drivers
Prioritize flexible and diverse benefits
Promote mental and financial health
Double down on benefits education
Within these steps, there are two core themes that will support forward movement:
Historically, employers have often relied on external parties to provide analysis to guide their decision making. To move forward, employers will need direct access to a broad range of data and insights to inform proactive, real-time changes and decisions. In addition to health claims data, employers should support decisions with people-oriented information from employee surveys, polls, roundtables and other discussion channels.
The rise in (and need for) health care consumerism
Ultimately, all business objectives rely on a healthy, engaged workforce. Not having employees actively engaged with their health and benefits leads to higher costs for everyone and worse outcomes for the individual. The pandemic boosted employee engagement, and employers must continue educating their employees year-round to drive smarter decisions about their health and financial wellness.