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SME Occupational Healthcare Subsidies – What Does it Mean for You?

A smiling doctor in green scrubs holding a clipboard. The doctor is a young man with dark short hair.

In recent years, there has been a growing recognition of the importance of workplace wellbeing. A healthy and happy workforce can lead to increased productivity, reduced absenteeism, and improved staff retention rates.

In response to this, the UK government has launched a new initiative aimed at supporting workplace wellbeing. This initiative aims to provide businesses with the tools and resources they need to promote employee health and wellbeing, and to create a more positive working environment.

This has led to last week’s announcement during the budget review, that the UK government will be supporting organisation’s with SME occupational healthcare subsidies to reduce the cost of supporting wellbeing in your workforce.

A group of young professionals sit around a table having a meeting. They are working on a variety of devices. Two people have laptops while another is working on an ipad.

In this article, we will explore the details of this initiative, what it means for you and discuss how it could benefit both employers and employee.

SME Occupational Healthcare Subsidies – What actually are they?

The Chancellor of the Exchequer in the UK has outlined plans to increase the uptake of occupational healthcare (OH) among employers. The plans involve investing in OH services to help reduce sickness absence and improve employee health and well-being.

To make OH services more accessible and affordable for small and medium-sized enterprises (SMEs), the government plans to implement a voucher scheme. This scheme would provide SMEs with financial support to cover the costs of various OH services, including health screenings, mental health support, and rehabilitation.

During the announcement, the Chancellor emphasized the importance of OH in managing and preventing work-related illness and injuries, as well as promoting employee productivity and job satisfaction. The government hopes that the voucher scheme will encourage more SMEs to invest in OH services, which would lead to improved employee health and well-being, ultimately reducing sickness absence.

Why are health screenings important?

Employee health screenings are an important tool for promoting the health and wellbeing of employees. These screenings involve assessing an employee’s health status and identifying any potential health risks or issues that may impact their ability to work effectively. There are several reasons why employee health screenings are important:

  1. Early detection of health problems: Health screenings can identify health problems early, before they become more serious and require more extensive treatment. This can lead to better health outcomes for employees and reduce the cost of healthcare for both employees and employers.
  2. Prevention of chronic disease: Many chronic diseases, such as diabetes, hypertension, and heart disease, can be prevented or managed with early intervention and lifestyle changes. Health screenings can help identify employees at risk for these conditions and provide them with the resources they need to prevent or manage them.
  3. Improved employee productivity: Healthy employees are more productive and engaged at work. Health screenings can help identify health issues that may be affecting an employee’s ability to work effectively and provide them with the resources they need to address these issues.
  4. Cost savings: By identifying health issues early, employers can avoid the cost of more expensive treatments down the line. Additionally, healthier employees are less likely to take sick leave, reducing the cost of absenteeism for employers.

Overall, employee health screenings are an important tool for promoting the health and wellbeing of employees, improving productivity, and reducing healthcare costs. By investing in the health of their employees, employers can create a more positive work environment and improve the bottom line.

How can ToHealth support?

At ToHealth Ltd we specialise in providing employee health screening services to businesses of all sizes. By offering a wide range of screening options, including onsite health checks, remote screenings, we’re able to provide bespoke health assessments tailored to the specific needs of the employer and their employees.

ToHealth Ltd’s screening services can help employers identify health risks and provide employees with the support they need to manage their health and wellbeing. Screenings can include assessments of blood pressure, cholesterol, glucose levels, body composition, and other key health indicators. We can also provide lifestyle coaching and support, including advice on healthy eating, exercise, and stress management.

ToHealth Ltd’s screening services are conducted by trained healthcare professionals and use state-of-the-art equipment to provide accurate and reliable results. We can also provide employers with detailed reports on the health of their workforce, highlighting any areas of concern and providing recommendations for interventions and support.

Overall, ToHealth Ltd’s screening services can help employers to promote employee health and wellbeing, improve productivity, and reduce healthcare costs. By working with ToHealth Ltd, employers can create a more positive and supportive work environment, and demonstrate their commitment to the health and wellbeing of their employees.

Need more information about our different health screening packages?

Check out our full range of packages and if you want more information on how to get started with your health screening package, get in touch today!

Looking for more from ToHealth?

Looking to find out more about how we can support your workforce to be more neuroinclusive? Or interested in our huge variety of webinars and workshops on offer? ToHealth can support you with all of this and more.