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Misunderstandings about mental health have led to a negative stigma about it. This stigma has prevented employees from obtaining the proper care they need. As an Employer, providing a good mental health benefits package to your employees is crucial. It demonstrates that your company encourages your employees to seek the treatment they need. In doing so, Employees who take care of their mental health are more likely to have increased levels of productivity. If Employees don’t prioritize their mental health in the workplace, it can lead to increased accidents, claims, disability, workplace violence, etc.
As the renewal for your overall benefits program approaches, it’s important to make sure you include mental health support in that package. During the COVID-19 pandemic, it’s estimated that 40% of American adults experienced at least one mental or behavioral health condition, including:
- Anxiety or Depression
- Trauma or Stress-Related Disorder
- Starting/Increasing Substance Use to Cope with Stress/Emotions
Until now, Baby Boomers and prior generations have been private about their mental health. A national poll by the American Psychiatric Associations found only 32% of Baby Boomers are comfortable discussing their mental health with Coworkers/Supervisors. Whereas 62% of Millennials feel comfortable. With Millennials currently the largest generation in the workplace at this time, there is a shift in workplace culture as it relates to mental health issues.
Gradually, as your employees see that your company supports their mental health, they will feel more comfortable taking advantage of the proper treatments. Additionally, as Millennials continue to move up in the workplace, they can work together with their Employer to diminish the overall stigma of mental health.
If you’re interested in learning more about the types of mental health packages you can offer your employees or have general questions about Employee Benefits, reach out to TSIB today and speak with someone on our Employee Benefits teams.
TSIB’s Risk Consultants are currently servicing the following locations:
East Coast: New York City, NY; Bergen County, NJ; Fairfield County, CT; Philadelphia, PA
Texas: Austin, San Antonio, Houston, Dallas
California: Orange County, Los Angeles County, Riverside County, San Bernardino County, San Diego County
