Fall 2019 Insight Employer Newsletter

Photo of a doctor patient and IHA representative

Improve your recruiting and retention efforts by offering the right benefits

By Patricia Clabeaux, Executive Vice President-Chief HR Officer, Independent Health

According to a 2017 Strategic Benefits Survey conducted by the Society for Human Resource Management (SHRM), organizations that use benefits as a strategic tool for recruiting and retaining talent reported better overall company performance compared with organizations that did not (58% vs. 34%). These organizations also experienced above-average effectiveness in recruitment and retention as compared to their counterparts:

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Making sure your employees get the preventive care they need

Receiving regular preventive care is the most important step one can take to better manage his or her health. Preventive services include check-ups, screenings and counseling that prevent illness, disease and other health-related problems. These services can help detect serious medical conditions and lead to early treatment, which in turn increases survival rates, improves quality of life and lowers long-term medical costs.

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Ways employers can offer healthier food options at work

Nearly a quarter of working adults obtain foods at work during the week, and the foods they consumed averaged nearly 1,300 calories per person, per week. That’s according to a 2019 study by the Centers for Disease Control and Prevention (CDC) published in the Journal of the Academy of Nutrition and Dietetics.

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Partnership with the Buffalo Bills produces winning results for WNY

Independent Health is proud to announce that it will continue to serve as the Official Health and Wellness Partner of the Buffalo Bills for the next five years. Since 2014, we have teamed up with the Bills to help improve the health and well-being of Western New Yorkers through several community-wide initiatives.

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Insight Newsletter Archive: Summer 2020, Spring 2020, Winter 2020, Fall 2019

Independent Health rated highly by NCQA

Independent Health is one of the highest-rated health insurance plans in the nation for clinical quality and member satisfaction, according to the 2019-2020 Private Health Insurance Plan Ratings by the National Committee for Quality Assurance (NCQA). Overall, Independent Health’s HMO/POS (Private/Commercial) plan received a 4.5 out of 5 rating. Learn more by clicking here.

Worksite wellness program tax reminder

According to the Internal Revenue Service (IRS), rewards or incentives provided to participants of a worksite wellness program may be considered taxable. This includes any cash or cash equivalents (e.g., wellness cards, gift cards and nutrition benefits) that participants received. Independent health is prepared to provide an accounting of cash and cash equivalent awards received by your employees during the 2019 calendar year so that you may consider them in satisfying any related obligations under the applicable tax rules. If you would like us to provide a report specific to your company and employees who earned an incentive from one of our wellness programs, please contact your account manager. As always, when it comes to federal rules and regulations, we encourage you to speak with your legal consultant, accountant and/or tax advisor for professional advice.