Solutions for Employers
Imagine a workforce teeming with healthy, happy, and highly productive individuals. This vision can become a reality with the Innovation Health Benefits Preventive Healthcare Management Program. This comprehensive solution empowers employees to take control of their well-being while delivering financial benefits to their employer. By investing in your workforce’s health and well-being, you can unlock numerous advantages, including improved productivity, reduced turnover, enhanced employee satisfaction, and increased financial performance.
Our all-inclusive preventative healthcare management program supplements group health insurance plans and is HIPAA-compliant. The participatory Medical Expense Reimbursement Wellness plan complies with IRS codes 125, 213, and 105 and is backed by a Legal Protection Plan.
Workplace Health
Plan Administration
At Innovation Health Benefits, we prioritize a seamless implementation process by directly collaborating with your Human Resources and Payroll departments. Our dedicated enrollment team educates employees about their new benefits, guiding them on how to access and utilize them effectively. We also ensure that employees understand how enrolling in the Innovation Health Benefits Plan can lead to a net increase in take-home pay for most individuals.
Employee Benefits Plan
Our proficient staff handles various administrative tasks, including adding new employees, addressing billing inquiries, and managing employee claims. Our payroll software seamlessly integrates with major payroll programs, and we generate comprehensive payroll and analytics reports during each pay period. With our plan, companies can reap the benefits without the need for additional resources or extensive effort.
Many individuals struggle with high medical expenses and absenteeism due to a lack of access to affordable, preventive care. Innovation Health Benefits bridges this gap by providing employees with comprehensive healthcare services, including:
- DNA screenings to identify potential health risks early on
- Health coaching to guide employees toward healthier lifestyles
- Biometric screenings to monitor key health indicators
- Telemedicine for convenient access to medical consultations
- Behavioral health support for mental and emotional well-being
These services empower employees to take proactive steps to improve their overall health, leading to:
- Reduced healthcare costs due to early detection and prevention of chronic diseases
- Improved productivity as employees experience fewer sick days
- Enhanced employee morale stemming from a healthier and more supportive work environment
Increase Take-Home Pay:
Employees participating in the program will enjoy an increase in take-home pay of approximately $100 per month, with no out-of-pocket costs.
Increased Education & Engagement:
We enhance employee engagement with preventative healthcare and educate them about health risks before they become serious.
In addition to the profound benefits for employees, the Innovation Health Benefits program also delivers substantial financial gains for employers. On average, an employer will save $600 per employee in payroll tax savings and workers’ compensation insurance savings with no out-of-pocket cost.
This is made possible by utilizing tax advantages as a Section 125 cafeteria plan. Additional benefits for employers include:
- Legal protection up to $500,000 for employers and $10,000 for each employee
- Optional MEC plan for ACA compliance if needed
- Addressing workplace issues such as sexual harassment and discrimination to foster a safe and inclusive work environment
Enhance the well-being of your employees and reap the rewards of a healthier, happier, and more productive workforce. Innovation Health Benefits is the key to unlocking this potential, transforming your workplace into a thriving hub of well-being and success.