Financial Wellness

Americans spend significantly more money on medications annually than any other country, but it’s not because they take more pills than their international peers. This problem stems from astronomical medication costs.

To ensure your team members are able to access the healthcare they need without slipping into serious medical debt, consider these three suggestions to alleviate some of that employee financial stress.

Financial stress among employees can have a negative impact on productivity. Employers can help workers increase their financial wellness by establishing an emergency savings program that includes financial education and planning tools.

Medical emergencies, loss of employment, and unexpected home or auto repairs can be tremendous sources of stress. Setting up an emergency fund for circumstances like these can provide financial relief — and peace of mind.

When inflation enters the conversation, most folks focus on how it impacts services and goods. But what about its influence on employees? Here’s how you can determine whether your team members might be struggling with inflation.

Rising inflation and interest rates have caused buy now, pay later programs to become fixtures of the retail space. Let’s take a closer look at how applying this approach to healthcare can help consumers better access and afford the care they need.