As Southeast Asia navigates the influenza outbreak, countries like Malaysia and Singapore are experiencing heightened influenza activity. According to the Bi-weekly Influenza Situation Update from the World Health Organization (WHO), these regions report a significant number of influenza-positive cases compared to other parts of Southeast Asia.
Influenza outbreaks not only affect public health but also disrupt business operations due to increased absenteeism and healthcare costs. When employees fall ill with flu-like symptoms, it leads to reduced productivity and higher medical expenses. If not managed properly within the workplace environment, these disruptions can escalate quickly.
Employers can take several proactive steps to mitigate these risks:
Investing in preventive care upfront yields substantial long-term savings compared to the high costs of hospitalisations for severe influenza cases. By prioritizing prevention, businesses can significantly reduce absenteeism among employees. This reduction in absenteeism helps maintain productivity levels and minimizes the need for extra staffing due to illness-related shortages.
Consider a mid-sized company in Singapore with 200 employees. During a typical flu season, about 10% of the workforce might fall ill, leading to significant absenteeism and increased healthcare costs. If each employee misses an average of five workdays due to illness, this results in substantial lost productivity and additional staffing costs.
For instance, if hospitalisation costs for severe influenza cases average MYR2,000/SGD$1,000 per employee and preventive measures reduce these cases by half among their workforce:
This approach supports employee health while helping reduce financial burdens associated with rising insurance premiums.
Preventing health issues is both better and cheaper than treating them. Early detection allows employees to get timely care before conditions worsen. This approach benefits both employers and employees by creating a healthier workforce, reducing missed workdays, and lowering healthcare costs.
Employers can promote the following proactive measures:
Platforms like Mednefits offer employers a seamless way to provide comprehensive healthcare benefits. By partnering with over 6,000 vetted providers across Singapore and Malaysia, Mednefits delivers essential services such as general practitioner visits, health screenings, vaccinations, and more. These services are crucial in reducing absenteeism and enhancing employee well-being.
Integrating Mednefits into benefits packages allows employers to offer extensive care options without incurring excessive costs. This approach not only supports employee health but also enhances business resilience during challenging times like outbreaks.
With Mednefits' flexible and customisable solutions, companies can tailor their benefits programs to meet specific needs while ensuring affordability and efficiency.
Mednefits helps businesses take care of their employees with its automated, affordable, and accessible employee benefits platform. With over 800 clients in Malaysia and Singapore and more than 150,000 users, we simplify the complexities of HR tasks, making it easier to provide personalised and accessible solutions.
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