Vital Signs - Employer Healthcare Insights

Anxiety. Depression. Post-traumatic stress disorder. ADHD. 

According to the National Alliance on Mental Illness, one in five U.S. adults experienced some form of mental illness in 2020. That means 53 million Americans had to figure out how to balance their mental health challenges along with other important aspects of life, including their jobs. Employee mental services are becoming more apparent that it shouldn’t be an option; it needs to be a priority. 

As a result, 90% of employers say they’re investing more in mental health programs, and 66% of companies are making changes to better support mental well-being.

Together, we’ll explore a new option for offering employee mental health services and describe how supporting your employees in this way leads to myriad business advantages, including talent attraction.

Answer your questions around planning, financing and staffing a near-site or onsite clinic for your company.

If you’re reading this guide, you probably have a clear picture of the benefits of opening an onsite clinic for your company. From cost savings to proven health benefits, opening your own clinic unlocks untapped power in your workforce, enhancing the productivity, safety, engagement and culture within your organization.

But how do you get started?

How much does corporate health care cost?

Next to wages, your organization will spend more on healthcare costs than nearly any other expense this year. In fact, the Society for Human Resources Management predicts that employers will shell out as much as $15,000 per year per employee for healthcare premiums in 2019. That comes to $15 million a year for every one thousand employees. In an organization paying an average annual salary of $40,000, employers can expect to pay 137% of that salary when they include the cost of healthcare - and even more when they consider the other expenses associated with a new hire.

According to 2018 research conducted by The Kaiser Family Foundation, employers contribute an average of $14,069 per year, per employee for family health insurance coverage. This has increased by a surprising 50% since 2010, when the average employer contribution to a family plan was $9,325.