Health Benefits Trends for 2023: How Health Plans Can Help New Hampshire Employers Attract Workers
While
signs nationally point to a potential slowing down in what has been a
hot job market over the past few years, in a study released by Wallet
Hub* late last year New Hampshire was named the third best state for job
searchers today.
One
of the easiest and most effective ways to appeal to potential employees
is by offering benefits packages that set them apart and are tailored to
their needs.
At
Harvard Pilgrim Health Care, a Point32Health company, we recognize the
value of providing health benefit offerings that meet and exceed
expectations of a diverse workforce.
To
do that, we must stay on top of, and ahead of, the latest health
benefit trends to ensure our offerings are on par with what your
employees require to support their whole health needs.
Some of the trends we are monitoring today are:
Focusing on family and caregiver-friendly benefits
We
recognize that many working adults often have two jobs — their career
and their role as a caregiver. In fact, there are approximately 11
million caregivers in the U.S., and 28% of them provide unpaid care for
both an adult and a child in the home. These added responsibilities
often come with additional stress that can sometimes impact a person’s
ability to bring their best selves to work.
To
help employees living with these unique family dynamics, many employers
are looking to expand their family-friendly and caregiving benefits in
the coming year.
From offering backup
childcare services to paid parental leave, employers can better assist
their employees by offering support that addresses the needs of a
growing “Sandwich Generation” through the introduction of care concierge
benefits. These services help with finding and booking medical support
for aging relatives, ultimately lightening the load for caregivers.
Improving flexibility in support of total well-being
More
than ever, supporting the emotional and physical well-being of
employees matters—and having strong behavioral health benefits and
resources are some of the most important benefits employers can offer.
To accomplish that, many employers are choosing benefits plans that
ensure access to 24/7 behavioral health support, provide employees with
self-service options, and include virtual therapy services to meet
employees where they are in their behavioral health journey.
There
are also more indirect ways employers can help employees reduce stress.
According to a study by Mercer*, more employers are adopting flexible
schedules for better-work life integration in 2023. This can mean
four-day work weeks and the ability to work from home regularly (over
78% of employers), along with more outside-the-box ideas like paid time
off to volunteer, which has been proven to have numerous mental health
benefits.
Addressing health disparities for diverse groups
When
it comes to closing the gap in access to care, organizations are making
strides to better support a diverse workforce—including ethnic groups,
women, individuals who identify as
LGBTQ+ and those with disabilities. To do that, more employers are
integrating tailored benefits into their offerings, such as specialized
behavioral health care support for diverse groups, as well as inclusive
family care support and women’s reproductive health support.
The workplace and workforce continue to evolve.
Inclusiveness,
equity and flexibility are more important than ever. Employers and
payers can rise to the challenge together by delivering benefits that
support a diverse employee population’s need.
We
are committed to being with our members on the path to better health,
every step of the way. No matter where you are on your journey, turn to a
trusted, local partner. Harvard Pilgrim’s health plans are crafted with
local decision-making that’s based on what you and your family need.
Contributed by Kathryn Skouteris
Vice President,
Harvard Pilgrim Health Care —
New Hampshire Market
*https://www.mercer.com/en-us/about/newsroom/2023-employer-health-and-benefit-strategies-focused-on-affordability-and-access/