Healthcare-related issues are a major cause of stress and depression among employees, affecting their productivity and overall well-being.

The Growing Mental Health Crisis

In today’s busy work environment, employee well-being is often overlooked. The impact of healthcare-related stress and depression on the workforce is significant:

• Disengagement Crisis: 70% of employees are not fully engaged in their work, costing U.S. employers $150 billion annually. This lack of engagement is often caused by stress and poor mental health (Smiley Poswolsky).

• Financial Stress: The rising cost of living, inflation, and debt are major stressors for employees. About 54% of employees are worried about the cost of living, and 44% are concerned about inflation reducing the value of their savings (MetLife’s 22nd Annual U.S. Employee Benefit Trends Study 2024).

• Retention Challenges: 87% of employees might leave a company that doesn’t care about their well-being. This shows how important a supportive and caring work environment is (MetLife’s 22nd Annual U.S. Employee Benefit Trends Study 2024).

Comprehensive Support for Employees

Employee well-being is more important than ever in today’s busy work environment as highlighted by MetLife’s 22nd Annual U.S. Employee Benefit Trends Study 2024.

• Financial worries and stress are major factors affecting employees’ mental health, with 45% citing financial worries and 36% stressed from reasons outside work.

• Employees who feel cared for are 63% more likely to feel physically healthy and nearly twice as likely to feel mentally healthy. 

Providing comprehensive, affordable healthcare benefits addresses these issues and creates a supportive environment. When employees are able to take better care of themselves, they are able to be better employees.

Our team at BeneStream is ready to assist employees of our clients in determining their eligibility and facilitating their enrollment into comprehensive free or low cost insurance benefits via Medicaid.. We offer:

• Assistance with Screening, Enrollment, and Renewals: Comprehensive support at no cost to employees, ensuring they have the help they need to navigate the system.

• Enhanced Well-Being: By reducing financial and health related stress, we improve overall employee mindset and job satisfaction, contributing to a more positive and productive work environment.

By integrating our services into your benefits suite, you can ensure that your employees have access to high-quality, affordable healthcare, boosting their overall satisfaction and productivity. Contact us today.