Employees & HR Staff Are Struggling
to Find the Resources They Need
When employees’ financial needs are met, they’re empowered to be more productive and turnover is reduced by 30%.
A recent Morgan Stanley study demonstrates
- Four out of five HR representatives say employees ask for help they can’t provide
- 50% of HR staff and 40% of employees would like access to a financial advisor
- 80% of HR representatives and 70% of employees have financial stress they feel affects performance and productivity
- Of the 70% of employees who admitted to having financial stress, 45% say their primary challenge is paying off debt
According to a survey conducted by the Financial Health Network
- 37% of employees report having medical debt
- 32% of respondents say they had trouble paying medical bills in the last 12 months
- Nearly 4 out of 5 employees with high financial stress say medical debt distracts them from work
- 50% of workers who report debt as a source of stress say they spend at least one hour per week at work
dealing with debt-related issues (such as contacting creditors)
Offering Financial Wellness Medical Expenses Assistance Benefits
All benefits programs have some level of risk.
However, in the current U.S. healthcare environment of costs rising exponentially year after year,
there’s more risk in maintaining the status quo and doing nothing.
Make sure your service providers are experts to mitigate risk.
CRUSH MEDICAL DEBT™ Financial Wellness is your expert medical financial literacy provider.
For employers, CRUSH MEDICAL DEBT™ Financial Wellness is an extension of your HR and Employee Assistance Program teams.
After training your HR and EAP departments, we provide our expert, award-winning, evidence-based CRUSH MEDICAL DEBT™ on-demand licensed masterclass, webinars, online community, and medical service best price scanner tool to your employees.
Partner with us.
If you’re ready to transform your team’s financial wellness, relieve them of medical bill stress, and boost productivity, let’s talk.
Click https://crushmedicaldebt.as.me/ to schedule a call and offer your organization significant savings.