Mental illnesses can affect anyone, regardless of gender, culture, race, religion or socioeconomic status. A study in BMC Psychiatry estimates that 309 million people, or 4.4% of the world’s population, suffer from major depressive disorders.
Employees enjoy physical and mental health improvements through preventive care and consistent, coordinated health management. Your organization benefits from a culture of wellness, better employee health and productivity, and reduced medical costs.
Affordable Care Act (ACA) compliance has never been more important. The IRS continues to hone its compliance practices, with targeted efforts increasingly replacing random audits.
Early employee wellness programs were designed to control health care costs. Success was measured by a reduction in medical claims, disability claims and employee absences.
Expect more changes in 2024 as economic uncertainty and emotional burnout affect employee health and finances. Other driving forces will stem from generative artificial intelligence (AI), evolving workplace expectations, labor market fluctuations and the diverse needs of multigenerational workforces.
