THE NEED BECOMES MORE OBVIOUS; HOW WILL BENEFIT PLANS RESPOND?
By: Thomas A. McCoy, CLU
One lasting effect of the pandemic, a positive one, is that both employers and employees are becoming more aware of the importance of employee mental health. Support for employees’ mental health is looking more and more like the next universal need in employee benefits plans.
Although certain demographic groups have been especially vulnerable to mental stress during the pandemic, mental health needs transcend age, gender, job functions and income levels. These needs were present before the pandemic and will continue after it ends. The pandemic has simply kick-started the mental health conversation.
Jolee Crosby, head of global L&H underwriting and medical reinsurance for Swiss Re, says it is a “good sign” that consumers’ concern about mental health is on the rise. According to Swiss Re research, almost half (44%) of consumers were already concerned about the issue before the pandemic; now an additional 23% are even more concerned.… read more > “MENTAL HEALTH SUPPORT IN THE WORKPLACE”