HAPevolve IN FOCUS: Preparing for Benefit Enrollment? Don’t Forget to Benchmark Your Employee Benefits
HR/Workforce Edition
As healthcare organizations prepare for another benefit enrollment season, HR leaders are balancing rising costs, workforce challenges, employee expectations and the ongoing competition for talent. It’s also a good time to step back and ask:
Are we getting the most value from the benefits and workforce resources we’re offering our employees?
Even if you’re happy with your current partners, benchmarking doesn’t mean you need to make a change. It simply gives you an opportunity to compare what’s available and make sure your programs continue to meet the needs of your organization and your workforce.
A Solutions Resource for HAP Members
HAPevolve is the business solutions subsidiary of The Hospital and Healthsystem Association of Pennsylvania (HAP). We connect HAP members with trusted business solutions that can help address some of the challenges facing Pennsylvania hospitals and health systems.
Our goal is simple: expand the resources and benefits available to HAP members by bringing forward solutions that can help you save money, support your workforce, improve operations or solve a problem.
And because these partnerships generate non-dues revenue, they provide an additional benefit to the HAP membership as a whole.
Resources Available to HR Leaders
Attract & Retain Your Workforce
Qualivis | Workforce Optimization & Solutions
Recruiting and retaining qualified clinicians continues to be one of healthcare’s biggest challenges. Qualivis provides workforce solutions including locum tenens, advanced practice providers, permanent placement and recruitment resources to help healthcare organizations address critical staffing needs.
Leadership Check: When was the last time we benchmarked our workforce partners to make sure we’re getting the flexibility, responsiveness, and healthcare expertise we need now?
Help Employees with Financial Wellness
AblePay | Rellevate
Financial stress doesn’t stop when employees walk through the hospital doors. Two HAPevolve partners offer different approaches to helping employees manage their finances.
AblePay offers a no-cost employee benefit that can help participating employees save on eligible out-of-pocket medical expenses at participating healthcare organizations. The program can provide an additional employee benefit while also improving participating hospitals’ financials.
Rellevate offers earned wage access, allowing eligible employees to access up to 50% of their earned wages before payday with no costs to employers or employees. For employees dealing with unexpected expenses, having greater access to money they’ve already earned can provide meaningful financial flexibility.
Leadership Check: Beyond salary and traditional benefits, are we offering resources that address the financial pressures our employees are experiencing?
Add Value to Your Benefits Package
MASA | Medical Access & Service Advantage
Sometimes it is the unexpected expenses that create the greatest financial stress for employees and their families. MASA offers a voluntary benefit focused on emergency medical transportation protection and assistance, helping provide protection from eligible out-of-pocket costs associated with emergency ground and air ambulance transportation.
It is another option HR leaders may want to consider when looking at ways to add value to an employee benefits package.
Leadership Check: Do our voluntary benefits addressing the real-world concerns employees and their families face and help us stand out in a competitive labor market?
Support Employees Through Life’s Changes
Alliant - Healthcare Trust | Life, Disability & Absence Management
Benefits do not stop at enrollment. Life and disability coverage and effective absence management can play an important role in supporting employees while also helping HR teams manage increasingly complex administrative responsibilities.
Alliant’s Healthcare Trust began at HAP and offers healthcare-focused life and disability programs along with absence management solutions designed to support both employees and employers with savings of 20-25%.
Leadership Check: Do our life, disability and leave programs work as well for our HR team as they do for our employees and could they save us money by being carved out?
Benchmarking is Not About Changing Vendors
Many HAP members have longstanding relationships with trusted partners and that is a good thing.
The goal is not to replace something that is working. It is to make sure you know what your options are. A periodic review can confirm that you are getting the service, value and innovation you expect; or uncover an opportunity worth exploring.
HAPevolve is here to help HAP members do just that by bringing additional resources and business solutions to the table.
Explore Your Options
Visit www.hapevolve.com to learn more about HAPevolve and the resources available to HAP members or contact Lori Mulholland, director, business development at lmulholland@hapevolve.com.