Spring 2022 Insight Employer Newsletter

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Employers must adapt to the times when it comes to onboarding new employees

By Kelly Glosser, Learning & Development Specialist-Senior, Independent Health

Due to the COVID-19 pandemic, many companies and businesses have had to shift to remote or hybrid work environments. At the same time, a record number of Americans have walked away from their jobs voluntarily as part of what’s being called “The Great Resignation.” According to the Bureau of Labor Statistics, an average of 3.9 million workers quit every month in 2021. Therefore, in order to stay competitive both from a recruitment and retention standpoint, employers may need to reassess and revamp their onboarding practices and strategies.

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Pharmacy Benefit Dimensions provides pricing transparency to deliver savings for employers

Managing the costs of prescription drugs, particularly for small to mid-size businesses, presents a challenge requiring innovative solutions. In the U.S., prescription drug spending totaled $500 billion in 2021, reflecting an increase of 7.3% from 2019, according to a March 2022 report by the Drug Channels Institute.

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Your employees can access behavioral health consultations by using Teladoc®

Whenever your employees and their covered dependents can’t reach their primary care physician, Independent Health’s telemedicine benefit through Teladoc® can put them in touch by phone with a U.S. board-certified doctor.

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Independent Health Foundation celebrates 30 years of making a difference in Western New York

This year marks the 30th anniversary of the Independent Health Foundation. Since its launch on September 30, 1992, the Foundation has provided Western New Yorkers with the services, tools, resources and education they need to improve their quality of life. After all, a healthy community benefits everyone who lives in it.

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The tax benefits of contributing to a Health Savings Account

Offering a high deductible health plan paired with a health savings account (HSA) is a great way to save on health care costs without hurting the overall morale of your employees . Not only does an HSA allow your employees to save for health care expenses now and into retirement, but it also provides them with many attractive tax benefits. Plus, since employer HSA contributions are tax-deductible as a business expense, you could reap some of these tax benefits, too. To learn more, visit our A Healthy Vision” Blog.

Health and Wellness Challenge is back!

Independent Health and the Buffalo Bills are once again teaming to offer the 15th Health & Wellness Challenge, a six-week initiative that encourages people to adopt healthy habits. By meeting daily goals and completing extra challenges, your employees will earn points for a chance to win a variety of prizes, including the grand prize of tickets to a Bills home game, a $1,000 Visa® gift card and more! This spring’s Health & Wellness Challenge kicked off on April 25 and runs through June 5. Simply visit buffalobills.com/thechallenge  to register today!