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Describing the dilemma faced by the industy relative to health care benefits - Essay Example

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Employee Healthcare benefit is a proven way of keeping employees glued to the organization and is a resource of itself to an organization. It is natural that individuals are motivated whenever they…
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Describing the dilemma faced by the industy relative to health care benefits
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Describing the dilemma faced by the industy relative to health care benefits

Download file to see previous pages... Healthcare benefit plans hence vary with states or organizations.
With the dynamic business environment, most organizations have resorted to technology to fight for their lives in the highly competitive markets and industries. However, the best way to keep being relevant in a business is always through having the best human resource. The best human resource is that which is healthy, innovative and highly motivated to execute the endeavors of the organization. Long-term profits are ensured by proper medical plans to an organization’s employees (Wurman, 2004).
Every organization rates their risky situations differently. Generally, a sound healthcare plan encompasses; services of the ambulance, emergency, health cure, mental healthcare services, maternity, newborn care services, drug and substance abuse, guidance and counseling among others. In addition, varying healthcare insurance plans such as Health Maintenance organizations and preferred provider organizations in varying proportions provide the healthcare cover to organizations (Wurman, 2004).
The benefits of provision of healthcare benefits to employees are numerous. Manufacturing organizations for instance operate in highly risky environment. Employees in such organizations therefore are prone to injuries. The best way to keep the best human resource in such a risky environment is by instilling a motivating factor. Being healthy and assured of health benefits is a motivating factor to individuals. Employees are easily motivated to industriously work hard and take risks whenever need be. Risk taking assists in innovation and creativity (Clemens, Cutler, & National Bureau of Economic Research, 2013). This, in turn improves the profitability of the organization. Organizations with employees having health covers always have their human resource intact as they only occasionally lose their employees to sick leaves.
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