As an employer, you understand the importance of providing your employees with good healthcare benefits. You likely invest a significant amount of money into these benefits, including coverage for medical care, dental, vision, medications, and preventive care. Despite these efforts, your employees may still face high out-of-pocket costs for medical care, which can lead to financial stress and impact their satisfaction and retention. It’s important to be empathetic and understand that even the best healthcare benefits may not cover all costs, and employees may still need help paying for medical expenses.
In today’s job market, employers are always looking for new ways to attract and retain top talent. One strategy is to offer a range of benefits that can help employees manage their finances and improve their overall quality of life. Two popular benefits in this area are medZERO and a lifestyle spending account (LSA). In this article, we’ll explore the advantages of each benefit and explain why medZERO may be a better choice for employers looking to support their employees’ healthcare needs.
Midvale, Utah–based Savage is a privately held, global provider of industry infrastructure and supply chain services for industries including agriculture, energy, chemicals, and manufacturing. The company has about 4,000 employees across more than 200 locations.
medZERO Insights. Mercer published an update to its “Inside Employees’ Minds” study which focuses on understanding the root causes of high turnover and how employees’ needs and wants have shifted over the past year
People delay getting the care that they need for a wide variety of reasons—but whatever their reasoning, rising rates of deferred care is both a symptom and a cause of a struggling system.
Healthcare benefits are incredibly important to American employees, as a staggering 49% of workers receive healthcare through their employer. But there’s a wide variety of the types of healthcare that employers offer their workers.
Anyone who’s ever lived paycheck to paycheck knows the effect that chronic financial stress can have on your life: increased anxiety, loss of focus, inability to sleep, and even physical pain.
There’s no doubt that the relationship between the employee and employer is evolving quickly. The question now is: what do high-quality employees prioritize, and what strategies will attract and retain the cream of the crop?
Health Savings Accounts (HSAs) have been around for a while, but more recently, people have begun to rethink the optimal way to use them. Because, done right, an HSA can be a lot more than just another way for you to cover your healthcare expenses.
medZERO Announces LoanPro as Newest Client to Launch Health Financial Wellness Platform for Employees
Portland, OR USA – medZERO, a leading healthcare financial wellness company and provider of on-demand, interest-free funds to employees to pay for out-of-pocket health costs, today announced that LoanPro has launched medZERO’s health financial wellness platform for their employees.
medZERO Unveils Transformative AI Strategy to Revolutionize the Intersection of Healthcare and Financial Wellness
PORTLAND, Ore.–(BUSINESS WIRE)–medZERO, a leading provider of healthcare financial wellness solutions, is excited to announce its transformative AI-based strategy. This strategy will empower employees throughout their entire healthcare journey with paramount focus on financial wellness. By integrating the complex financial aspects of healthcare decision-making with AI, medZERO is revolutionizing the way individuals engage with their care. This ensures both their physical well-being and financial security.
medZERO Responds to CFPB Report, White House on Medical Debt, Highlights Need for Employers to Act to Help Employees with Cost Hurdles in Accessing Care
PORTLAND, Ore.–(BUSINESS WIRE)–medZERO, a leading healthcare financial wellness company and provider of on-demand, interest-free funds to employees to pay for out-of-pocket health costs, has responded to the report issued today by the Consumer Financial Protection Bureau (CFPB) on the risks associated with medical credit cards and financing plans.
medZERO Launches New Version of Its App with Enhanced Usability Features, Curated Content for Employees, and Direct Connectivity to Payroll Systems
PORTLAND, Ore.–(BUSINESS WIRE)–medZERO, a leading healthcare financial wellness company and provider of on-demand, interest-free funds to employees to pay for out-of-pocket health costs, has announced the release of a new version of its app. This latest version includes enhanced usability features, curated content for employees, and direct connectivity to payroll systems.
For more than five years, Laurel Timmins has helped guide growth at Savage, a global provider of supply chain infrastructure and services based in Midvale, Utah. It’s diverse growth, too. For instance, Savage has helped increase the number of women in leadership while the number of women driving its trucks has grown by 20 percent.
PORTLAND, Ore. — medZERO, a fintech company that enables on-demand, automatic, interest-free payment for out-of-pocket healthcare expenses, has added six health and benefits business leaders to their advisory board. These professionals will consult on company and product strategy and will assist in making valuable connections to expand access to medZERO.
PORTLAND, Ore.– Savage is one of the most recent companies to offer medZERO’s innovative benefit to its more than 4,000 Team Members.
LG Electronics’ North American Innovation Center (LG NOVA) picked medZERO as one of the “Selected 20” startups advancing to the next stage of its Mission for the Future global challenge competition. The honor comes with $100,000 to help fund a collaboration for the next round of the competition.
medZERO was one of five companies selected by the Meta Lab challenge last month, a prestigious competition sponsored by the Carolina Fintech Hub and MassChallenge.
medZERO continues to sign up innovative companies wanting to offer expanded benefits to attract and retain employees in competitive market
In the race to retain employees in a competitive market, medZERO’s innovative app-based healthcare funding solution is an increasingly attractive add-on benefit for employers.