Small businesses need to offer hospital plans to employees
As a small business owner, you know that having healthy and happy employees can contribute to the overall productivity of your business.
Having support in place for those times when your employees need it most make them feel valued and respected.
If you are thinking about offering this benefit to your employees, remember to compare hospital plans in South Africa before making any final decisions. Outlined below are just some of the reasons why small businesses need to offer hospital plans to their employees.
Better access to care
People who have affordable hospital plans are in a better position to obtain medical care, including preventative care that can help to prevent more serious problems down the road. Your staff will be able to visit a doctor or go to the hospital for serious problems without having to wait in line at a government hospital, losing valuable working hours.
Having access to health care helps to actively encourage a healthy lifestyle. It allows your employees access to procedures and medicines that may be too expensive to afford otherwise. Because hospital plans cover PMBs (Prescribed Minimum Benefits), your staff will be able to easily check into a hospital for any emergency, as well as obtain chronic medication for one of 270 chronic conditions.
You can recruit and retain top talent
As a small business, you know that you have to have the top talent in the industry in order to stay ahead of the competition. Offering affordable hospital plan prices as part of your health benefit can help to do so, especially for younger employees.
As important as recruiting top talent is, retaining it is equally as vital. Having access to healthcare is a surefire way to retain your talent, as it shows that you are thinking about their needs as well as the needs of your business. Your talented employees will remain healthy and hardworking if you offer them the ability to care for their well being with an affordable group hospital plan.
Promotes health and wellness in employees
Once you have taken time to compare hospital plans in South Africa, you will see that the list of benefits for many of them help to promote health and wellness in their policyholders. This means that you are actively promoting the health and wellness of your employees too.
By doing this, you will have a highly productive workforce and a company morale that is second to none. When your employees are healthy, they will be able to work hard and perform to their best abilities. This is what a hospital plan can help to do. A small business might be able to run with only one or two employees for a short while, but if any of these employees become sick then it could become disastrous, which is why promoting health and wellness is so important.
Reduce absenteeism in the office
When employees are not part of any affordable hospital plans, they often wait longer to go and see a doctor, making their condition worse and needing more time off work to deal with it. By offering a group medical scheme or hospital plan, you will reduce this absenteeism in the office.
Healthy employees are also less likely to injure themselves or become significantly ill, as they have access to preventative healthcare as well as emergency care. These employees are also able to perform at a higher level, increasing the overall productivity in the office as well as company morale. Reducing absenteeism also helps to increase profits for your small business.
Have coverage for yourself and your family
Small business owners often amalgamate their business and personal finances, which means that a group medical scheme can be used to cover yourself and your family members as it does for your employees.
This will save you from having to make two separate monthly contributions into your personal medical aid and your business’s hospital plan. Having coverage for yourself is just as important as cover for your employees, as you are the owner and need to be as healthy as possible in order for your business to run smoothly. If you are constantly sick, your business will run the risk of falling apart at the seams, so having a group medical aid or hospital plan in place is essential.
Healthy people make a healthy business
Having healthy employees directly contributes to the health of your business. Compare hospital plans in South Africa to find one that best fits your business’s budget, and ask your staff what benefits will mean the most to them.
Having better access to care will help you to recruit and retain the best talent in your industry, and it will allow your current employees to maintain their health and wellness. You will reduce absenteeism in your office and increase morale, creating a happy and healthy working environment.