Preventing illness cuts costs

Preventing disease will lead to higher productivity, lower benefit costs, happier employees and a better bottom line, according to Thorpe Benefits.

“Healthcare costs have gone from being an incidental expense to a serious liability for employers in Canada,” says company president Roger Thorpe. “With year-over-year employee benefit costs continuing to rise by 5% annually, proactively managing your benefits program optimally is a key part of solving this problem.”

Thorpe has launched a new, integrated and comprehensive approach to employee benefits management designed to help small-to-medium enterprises increase staff productivity and reduce absence while keeping benefits costs under control.

The approach combines high-level plan governance with a corresponding investment in employee health education.

“Implementing wellness as a business strategy improves employee health and productivity,” he adds. “This drives the long-term sustainability of a benefits programs and overall business results, which makes good business sense.”