Most employers focus on big-ticket items such as health insurance, dental plans, and retirement when offering employee benefits. One benefit that tends to slip under the radar is group vision insurance. Although it may not be as flashy as a comprehensive health plan, it can significantly impact employees’ well-being. Here are four reasons to consider offering group vision insurance as part of your employee benefits package:
Small Investment with Big Returns
Group vision is one of the most affordable benefits for employers and employees. Premiums are typically much lower than other types of insurance, and group plans are more cost-effective than individual plans. For a small monthly deduction, employees can access routine eye exams, prescriptions, and discounts on corrective eye surgeries such as LASIK. Employers will see improved employee satisfaction and loyalty—critical elements to help reduce turnover.
Promotes Employee Health and Productivity
Poor vision can contribute to eye strain, headaches, and difficulty focusing, negatively impacting work performance. By offering group vision insurance, employers provide employees with a way to maintain eye health and address potential issues before they interfere with work. Regular eye exams can also detect underlying health problems, such as high blood pressure or diabetes, which may not yet be symptomatic. Helping employees keep their eyes healthy leads to sharper, more productive work.
Simple, Attractive Benefit
Today’s job market is highly competitive. Offering a robust benefits package is one of the best ways to attract and retain top talent. Group vision insurance is an easy win for employers who want to stand out. It is straightforward for employees to understand. Offering this perk shows you care about your team’s well-being. Group vision insurance is an attractive benefit that sets you apart from competitors and requires little administration. It is a low-maintenance, high-value addition to your benefits package.
Supports Employee Health for the Long Term
Vision insurance is an investment in the long-term health of your team. Offering group vision coverage encourages employees to stay on top of their eye health with regular exams, which can catch issues before they develop into more serious and expensive problems. Common eye diseases, such as glaucoma and macular degeneration, can often be better managed if detected early. By providing vision insurance, you are looking out for your employees’ quality of life and supporting their overall health. Vision insurance can reduce absenteeism and keep your team at peak performance.
Group Vision Insurance Pays Off
Although it may not be the most high-profile benefit in your package, the impact of group vision insurance can be far-reaching. When an affordable way to enhance employee satisfaction, improve productivity, and promote long-term employee health will benefit the company. Offering this simple but valuable benefit could significantly affect how your employees feel about support from an employer and ultimately help you build a stronger, more engaged workforce.
Speak with our experienced agent about adding group vision insurance to your benefits package. It is an investment worth keeping an eye on.