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Should substance abuse insurance be part of your employee benefits?

Higginbotham

The good news is many health insurance plans already provide coverage for health care services that treat mental illness and substance use disorder. According to Healthcare.gov, health insurance plans subject to the provisions of the Affordable Care Act must cover 10 categories of essential health benefits.

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Investing in employee mental health benefits

Higginbotham

Mental health can also impact productivity: a literature review of 38 studies found clear evidence that poor mental health, particularly due to depression and anxiety, is associated with lost productivity, which can stem from absenteeism and presenteeism. By supporting mental health, employers may be able to contain costs.

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Employee Benefit: A Strategic Investment for Attracting and Retaining Top Talent

Empuls

This is especially true when you factor in the seemingly endless list of expenses: groceries, rent/mortgage, utilities, health insurance, car payments. Comprehensive employee benefit packages are increasingly becoming a deciding factor in job satisfaction and happiness.  the list goes on.