Insurance Can Boost Your Business’s Productivity Summary
Helpful Facts
- Offering health insurance reduces absenteeism by enabling employees to access preventative care like check-ups and vaccinations, keeping the workforce consistent and reliable.
- Health insurance addresses presenteeism by allowing timely medical attention, helping employees manage health issues before they worsen, and maintaining productivity.
- Providing health insurance boosts morale, showing employees their health is valued, leading to increased job satisfaction and a more motivated workforce.
- Health insurance is crucial for retention, attracting and keeping skilled employees, which reduces turnover rates and saves on recruitment and training costs.
- Healthier employees mean fewer sick days and lower turnover, plus tax incentives like the Small Business Health Care Tax Credit can offset costs.