Do customized benefit plans reduce absenteeism?
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Do customized benefit plans reduce absenteeism?
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The conversation explores the impact of customized benefit plans on reducing absenteeism in the workplace. Experts discuss the relationship between employee benefits, engagement, and productivity, highlighting the importance of addressing individual concerns and proving cost reduction through tailored benefit programs. The conversation covers the impact of Pokemon Go, customization in healthcare, self-funded vs. fully funded plans, the role of brokers in self-funded plans, and changing benefit plans to impact absenteeism. It also explores the challenges and power of self-funded plans, as well as the role of brokers in this context.
Takeaways
- Customized benefits address individual concerns
- Proving cost reduction through tailored benefit programs Customization in healthcare impacts employee behavior
- Self-funded plans offer greater control and customization
- Brokers play a significant role in self-funded plans
Chapters
- 00:00 Introduction to Absenteeism
- 07:00 Impact of Benefits on Absenteeism
- 20:01 Proving Cost Reduction
- 25:14 Customization in Healthcare
- 31:02 Challenges with Self-Funded Plans
- 39:08 Changing Benefit Plans to Impact Absenteeism
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