article thumbnail

Investing in employee mental health benefits

Higginbotham

Mental Health Coverage and Parity Under the Mental Health Parity and Addiction Equity Act , most group health plans and health insurance issuers are required to offer mental health benefits that are no more restrictive than medical and surgical benefits in terms of financial requirements and treatment limitations.

article thumbnail

7 Employee Benefit Trends that are Set to Dominate in 2024

Empuls

  Employee assistance programs (EAPs) provide confidential counseling services to help employees navigate personal and work-related challenges. These programs often cover a range of issues, from stress management to financial counseling.

article thumbnail

Employee Benefit: A Strategic Investment for Attracting and Retaining Top Talent

Empuls

Here's how:  Reduced financial stress: Benefits like health insurance, retirement plans, and paid time off provide a financial safety net, alleviating stress and anxiety about unforeseen medical bills, future security, and taking a break.