Five reasons small business owners in the Philippines need health insurance
For small business owners, there are no days off. Every day is a chance to get more contacts, sell better products, and explore new markets. When competition gets tougher, small business owners just become even more driven to succeed.
But in the middle of the hustle, it’s easy to forget to take care of your own health, or the health of your employees. Work-related stress can slow down even the healthiest of associates, resulting in lost time and opportunities.
As the best entrepreneurs know, it’s better to take care of a problem before it even arises. Here are five reasons why health insurance for small business owners in the Philippines is the best investment you can make today.
1. You want to ensure that your operations are undisrupted
Whether it’s you or your employees who have a health issue, worrying about hospitalization and medical bills can cause disruption at work. Insufficient health care means longer sick leaves and less concentration at work, resulting in falling productivity and sales. This is certainly something small businesses can’t afford in the slightest, especially during peak months. You don’t want to be saddled with sickness and worry when product orders or service demands are at an all-time high, and you certainly don’t want your employees to be down for the count either. Don’t let things come to that and secure your employees' health.
2. You want to attract and retain the best employees
You’re not in the Top 500 Filipino companies (yet), but you want to hire the cream of the crop and provide them with the same security they would get in larger firms, especially with regards to their health. Studies show that health benefits are the priority of most job seekers when looking at new jobs – and the best people know that they’re worth it. Plus, there’s no better way to show employees that they matter than ensuring their health. This makes them feel valued and gives them the peace of mind they need to be their best selves at work. Training employees takes time, and it’s always best to attract and retain the best of them.
3. You want to promote health and wellness
As the old saying goes, prevention is better than cure. Having health coverage also comes with some other benefits such as being able to promote a healthy lifestyle through diet and exercise, without much effort on your part. Depending on your chosen health care provider, you do not only get your health cards, but also newsletters on proper diet, invitations to fun runs, and access to group exercise sessions. It’s no secret that making a business successful takes not just mental effort, but physical effort as well. You don’t want the everyday strain of keeping up with work to break you or your employees! Keeping a healthy business environment will greatly contribute to that.
4. You want to secure your reputation as a great company
Providing a health care plan is one of the best ways to show that you’re a serious business with its sights set on not just efficiency and profits, but also on contributing to the betterment of the lives of your employees. A little goes a long way, and you can be sure that whether through word of mouth or social media, your reputation will spread, and more people will patronize your brand because you are making a difference. Having this kind of edge will reap benefits many years into the future.
5. You want to prepare for expansion
Providing health insurance is one way to let everyone know you are serious and prepared for the big leagues. It lets everyone know that you’re stable enough to provide for your employees and shows your business network that you think of the long-term, not just the next fiscal year. It can even be a way for you to meet new, like-minded business partners who have the same priorities and believe in working towards the same direction. Health insurance also allows you to remain driven towards your expansion goals without being weighed down by worries of becoming sick or not being able to afford the medical bills. Sure, it takes a little effort to pick the right provider in the beginning, but the advantages far outweigh the initial costs.
The Philippine economy is thriving, and small business owners now have an almost unlimited number of ways to do business. This also means more competitors are cropping up every day, so setting yourself apart is a constant challenge. Providing your employees with health insurance benefits one sure way prioritize undisrupted business operations, attract and maintain a great pool of loyal employees, and have a business image you can be proud of.
And because this is an important decision, Maria Health wants help you make the right choice. From hospitalization to consultation and even emergency ambulance service, Maria Health has partnered with top health insurance providers in the country to help you provide the best health care options for you employees. And the best part? Maria Health is always free.
Get in touch with out health plan consultants and let them assist you in getting simple, easy access to the healthcare plan that fits you.