Top Reasons to use a Wellness Program Within Your Group Medical Insurance Plan

Posted January 25 2018

Top Reasons to use a Wellness Program Within Your Group Medical Insurance Plan A company is only as good as its bottom line, and one of the best ways to ensure your bottom line is where you want it to be, is by employing the best workforce you can. At MHG, we often preach the importance of retaining top employee talent, and one of the best ways to do that is by offering a comprehensive benefit package, mainly a group medical plan. One of the ways insurance companies are trying to keep down their costs is by promoting a healthy lifestyle, and most of the top companies have implanted wellness programs.

First, what you need to know about these wellness programs is that they are essentially a rewards program through your health insurance company. They offer incentive by going to the doctor, using a step tracker, logging healthy eating habits, keeping a sleep diary, and much more. Based on the level of activity participants may earn rewards such as gift cards, electronic devices, bikes, etc. ! So now begs the question, how will implementing this help my company?

1. Saves You Money

One of the benefits of using a wellness program is the opportunity to save your company money. Depending on the program, you can save a percentage of cost on monthly premium. For example, some programs have different levels to motivate your employees to reach. Each level will offer a higher percentage of savings on that particular employee’s monthly premium. So, if you have a motivated group, there is a potential to save thousands of dollars.

2. Healthier Staff

Another benefit of implementing a wellness program is the potential of having a healthier staff. If you have a group of healthy workers it will only help the overall morale of your business. Healthy people tend to be happier, work harder, and will be absent less. A group of healthy people may also help keep your cost increases at renewal time to a minimum.

3. Cool Prizes and Gifts

Not only does health promote happiness, but so does earning some cool gifts and prizes for FREE! Your employees will appreciate the opportunity to earn free gifts or free money in the form of gift cards by simply going to the doctor and/or increasing physical activity.

4. Retain Top Employees

As stated earlier, MHG echoes the importance of companies retaining their top talent, and research shows that employees who feel valued will remain loyal. So, offering a full benefits package including one with a wellness program will only help make your workforce feel like they are valued and important. Thus, helping you long-term by not having to pay to use a recruiter to fill open positions and spend countless hours training new hires. Obviously turnover will happen no matter what, but one of our goals is to help you keep it to a minimum.

For more information on other benefits that could be available to your employees, read our previous blog, “Tips on How You Can Afford Health Insurance Benefits for Your Employees” MHG Insurance Brokers offer many different insurance solutions for many areas of business. If you are interested in purchasing a disability plan, health insurance, or life insurance, contact us at or call us at +1 954 828 1819. Our insurance specialists have the knowledge and experience to assist and guide you to the best coverage for your budget.