How to Build Equity Into Your Employees’ Health Benefits
The converging crises in 2020 shed light on the lack of access to affordable healthcare for Black and Brown peoples and persons from economically marginalized communities. We all witnessed the crippling compound effect of health inequity shouldered by economically distressed communities - many New York nonprofits responded in turn.
Employee Health Benefits in a Pandemic
One major area where health inequities still exist in the workplace is in employer-sponsored health benefits plan design. Traditional insurance plans—premiums, copayments,deductibles and coinsurance—frequently create barriers to care. They also can exacerbate inequities in healthcare by inhibiting the use of services - such as primary care - that benefit health and wellbeing.
Organizations that are truly committed to DEI as a workplace priority have an opportunity to reevaluate their employee health benefit plan and make adjustments to overcome these barriers by considering a first dollar coverage plan design.
This recently published executive guide, co-authored by Human Services Council of New York educational partner, Nonstop Administration & Insurance Services, Inc. and Nonprofit HR, guides leaders through a series of deliberate and purposeful steps and presents recommendations on how to build equity into your employee health plan design.
Download this executive guide to understand:
Why health equity is a foundational pillar for correcting pervasive inequities and eliminating disparities within the workforce;
How leaders can take deliberate and intentional steps to address health inequity within their own organization;
Uncover how to redesign your health plan with first-dollar coverage to reduce costs and improve benefits for your employees; and
Immediate employer recommendations in four health benefits topic areas: education, health benefits coverage, planning and partnerships.
Traditional approaches to employee health insurance have been failing the nonprofit workforce since before the challenges of 2020 began. It’s time for that to change.
Take action to build equity into your employee health benefits
To explore Nonstop’s innovative first dollar coverage plan design, email Leslie Ellis at firstname.lastname@example.org to schedule an introductory call.
Review your organization’s Total Rewards objectives with Nonprofit HR and hear how they can help you see them through a lens of equity!
Benefits Purchasing Committee Guide
As healthcare costs continue to rise, uncovering new savings and optimizing health benefits plans are on the top of most employers’ 2022 to-do lists. For recruitment, retention and satisfaction purposes, it is extremely important that the product you choose is a good fit for your entire workforce, and a committee-based approach to purchasing can be part of this solution.
This step-by-step guide to creating a diverse health benefits purchasing committee provides a clear roadmap for employers looking to ignite a collaborative and innovative discussion centered around recruiting and retaining talent.
In this guide, you’ll learn how to:
· Recruit an involved and inclusive health insurance purchasing committee;
· Establish rules that encourage thoughtful committee discussion;
· Design an actionable agenda;
· Uncover areas of significant premium savings.
If you’re ready to learn more about committee best practices, access our free step-by-step guide here to get started.
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