Q2 is here and it's time for a benefits checkup: Do the benefits you offer truly provide for all aspects of an employee's wellbeing? Your answer is probably something like, "I know we offer the best benefits possible." But that can be both true and still leave room for improvement. 

A holistic approach to your benefits offerings can help the members of your team create lifelong commitments to health and wellness, which benefits both the individual and the company. This approach could make an even greater impact on millennial and Gen Z demographics. Studies show that they understandably place a significantly lower priority on preventive health care. This is something we need to change, as the future of our workforce is an important one. As trusted advisors, you have the opportunity to offer your teams the benefits that can help the whole person stay healthy and stay happy.

While your employees may be thinking about many types of potential medical events, cancer is the one I believe has the greatest likelihood of occurrence and the most impactful financial impact. I'm sure you've heard the phrase "prevention is better than cure," and there's nothing more accurate. According to the Aflac 2023 Wellness Matters Survey, 51% of Americans diagnosed with cancer found out at a routine medical exam or regularly scheduled screening. That means that for many, the diagnosis was found early, potentially leading to better physical outcomes and less financial stress. The need to focus on wellness and prevention is further highlighted by the latest data from the American Cancer Society

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.