Employee Health Benefits

Employee Health Benefit Mind Map

 

Advantages

  • Establish a policy that deals with the financial implications of large health claims.
  • Provide tax-effective compensation.
  • Attract and retain the best staff.
  • Reduce stress and improve productivity.
  • Improve the physical and mental health of staff.
  • Feeling of moral obligation or paternalistic paradigm.

Challenges

  • Hyperinflation due to cost shifting, aging workforce, and price increases.
  • Employee dissatisfied with claim payment.
  • Required medication or service not always covered.
  • Confidential medical information.