As an employee benefits advisor, you understand the crucial role you play in shaping the health and wellbeing of your client’s most valuable asset – their workforce. But creating impactful healthcare benefits can feel like navigating a minefield. Rising costs, shrinking budgets and fragmented coverage can restrict your ability to deliver truly innovative solutions that meet the rapidly evolving needs of both businesses and employees.
Today's businesses face a complex talent market. The competition for skilled workers is fierce[1], and employee expectations have evolved. Employees increasingly prioritise wellbeing, seeking employers who actively invest in their health and happiness. For example, a survey by Lime Health, found that 81% of workers want their employers to support their mental and physical health and 40% admit they would be willing to walk if their employer didn’t do so.[2] Moreover, healthy employees experience lower absenteeism, higher engagement, and increased productivity[3] – all factors that fuel success in a challenging market.
Meanwhile, the NHS is grappling with growing demand and scarce resources. This translates into longer wait times and limited specialist access, creating frustration and delays in addressing employee health concerns. While private medical insurance (PMI) offers some relief, it often excludes a significant portion of the workforce due to high premiums and tax contributions, leaving a two-tiered system where access to quality healthcare hinges on income, not need.
Employee Healthcare Benefits 2.0
This is where Whole of Workforce Healthcare comes in, offering a powerful tool for forward-thinking businesses. This approach moves beyond traditional models that focus on a select few, recognising that a healthy and productive workforce is a workforce where everyone has access to the resources they need to thrive.
Benefits Beyond Coverage: Unleashing the Power of Whole Workforce Healthcare
Whole of workforce healthcare offers a multitude of advantages for businesses:
Improved Employee Engagement and Retention: When employees feel valued and supported by their company's healthcare benefits, it fosters a sense of loyalty and strengthens their commitment to the organisation. Access to quality healthcare across the entire workforce contributes to a more positive work environment and reduces the likelihood of employees seeking opportunities elsewhere.
Reduced Absenteeism and Increased Productivity: Prompt access to essential healthcare services can significantly reduce absenteeism due to illness or injury. This is particularly significant given that absenteeism has soared to a record high in recent years, with the latest data from 2022 showing an estimated 185.6 million working days were lost due to sickness or injury.[4] Whole of workforce healthcare empowers employees to address health concerns and receive a diagnosis early, minimising disruption.
Enhanced Employer Value Proposition (EVP): In a competitive talent market, a robust healthcare benefits package can be a significant differentiator. Companies that embrace whole of workforce healthcare demonstrate a real commitment to employee health and wellbeing, making them a more attractive employer to top talent.
Lime Health: The Home of Whole of Workforce Healthcare
Lime Health is at the forefront of this revolution, offering whole of workforce healthcare benefits. This innovative approach empowers you to create employee benefit strategies that help your clients to win:
Cost-Effective, Customisable Solutions: Lime Health dismantles the "one-size-fits-all" approach by offering modular, customisable plans. Clients can tailor benefits to address specific workforce needs, ensuring they receive the most value for their investment - and only pay for what they need. This flexibility allows businesses to prioritise essential services and have the greatest positive impact on their employees’ health while remaining budget conscious.
Focus on Genuine (and Growing) Need: Lime Health services act as a direct solution to NHS bottlenecks, partnering with the very best suppliers to provide faster access and support for key areas like diagnostics, physiotherapy, and cancer support services. This targeted approach ensures employees receive the care they need, when they need it, fostering a healthier and more empowered workforce.
Transparency and Data-Driven Decisions:
Lime Health's user-friendly digital portal is not only incredibly easy for employees to navigate, but also provides unique insight into the usage and value of each service. This means you’ll have powerful ROI data to share with your clients, helping you to guide them to shape their employee benefits offering according to demand and need.
A Collaborative Approach: Empowering Advisors and Businesses
Lime Health recognises the critical role employee benefits advisors play in shaping employee healthcare strategies. Our dedicated support ensures you will always have the resources and expertise you need to confidently advise your clients across their entire workforce. Regular reporting and clear data visualisation tools equip you to effectively communicate programme performance and demonstrate value to businesses.
Partnering for a Healthier Workforce
The landscape of employee healthcare is evolving rapidly, and Lime Health's innovative model equips you to navigate these changes with confidence. Partnering with Lime Health, you can help your clients unlock the potential of a healthy workforce, improve employee engagement and retention, and create a more competitive Employer Value Proposition. Together, we can rewrite the employee healthcare narrative, one that prioritises accessibility, affordability, and tangible health outcomes for all.
Partner with Lime Health today and discover how whole of workforce healthcare benefits can empower you to transform the health of your clients’ workforces.
[1] https://www.mckinsey.com/uk/our-insights/the-mckinsey-uk-blog/competition-for-talent-will-remain-fierce-in-the-uk-despite-economic-uncertainty
[2] This research is based on a survey of 2,132 UK workers including a minimum of 250 who work for SMEs and 250 who are self-employed, commissioned by Lime Global Limited and conducted by Censuswide between 06.05.21 and 11.05.21. Censuswide abides by and employs members of the Market Research Society which is based on the ESOMAR principles.
[3] https://www.aon.com/unitedkingdom/employee-benefits/resources/articles/health-and-wellbeing-benefits-improve-productivity.jsp
[4]https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/labourproductivity/articles/sicknessabsenceinthelabourmarket/2022