Cybercrime and Benefits Plans
There is a cyberattack every 39 seconds, according to recent estimates from the University of
Maryland. Data breaches and cyberattacks are daily headlines—and employee benefits plans
are no exception to those threats. In fact, employee benefits plans are even more vulnerable
as the coronavirus pandemic continues. Organizations and benefits providers are relying
heavily on electronic access, ultimately creating new vulnerabilities.
Learn more and take action – view the full newsletter below.
Health-related Productivity Costs
While offering health coverage and benefits for employees and dependents is a major
business expense, lost productivity due to physical and emotional health problems can be
much more expensive for employers. To combat lost productivity, employers can consider:
• Offering health fairs, screenings and health risk assessments
• Addressing conditions that affect many employees
• Integrating health benefit strategies with wellness initiatives
• Designing a benefits package to support ideal behaviors
If an employer doesn’t address employee health care needs, the workplace is far more likely
to experience the negative effects of diminished productivity. However, if the organization
can commit time and funds to help employees get and stay healthy, it can reduce medical and
pharmacy costs and increase worker productivity.
Learn more and take action – view the full newsletter below.
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