Workers compensation is a specialized type of insurance that was created for employers. It covers the cost of an employee’s workplace illness or injuries that were sustained while they were performing their work duties. Most states require that all businesses possess this type of coverage.
Reduce Employer Insurance Costs
Everyone wants to limit employee incidents, but beyond increasing safety protocols a lot of people aren’t sure how this can be achieved. Recent studies have shown that employee wellness & workers comp claims are directly related. More specifically, if employees are healthier, they won’t need to submit as many workers compensation claims. This ultimately means that improved employee health can result in lower insurance costs. Source: www.insuremyworkcomp.com.
Workplace Wellness Programs
Starting a new program doesn’t need to be difficult. Agencies can incorporate wellness fairs into their open enrollment period for insurance plans. Specialists can be invited to provide resources on reducing the risk of heart disease, cancer, and stroke. You can offer cholesterol screenings, flu shots, bone density tests, blood sugar readings and more.
Different Types of Wellness
Employee wellness means different things to different people and programs can vary pretty significantly across the nation. Mental health, for example, shouldn’t be overlooked. Resources for stress relief and time management can be just as important as a lunchtime walking group.