What can employers do? Employees often pay little attention to bene昀椀ts other than health care. But when faced with events like a leave or disability, their awareness shifts toward other o昀昀erings. That shift presents an opportunity for employers to demonstrate the Employers have a lot to gain by proactively supporting steps they’ve taken to support employee needs across their workforces. health equity. The best health outcomes positively a昀昀ect productivity, absenteeism, presenteeism, employee engagement and employee retention. It’s the right thing to do by the employee and for the business. Events sparking thoughts or questions about bene昀椀ts: • A disability caused by an injury or illness: 72% • All other life-changing moments combined, such as loss of a family — Jeanne Bailey, VP Head of Claims, Employee Bene昀椀ts, The Standard member or friend, having or adopting a child, and changing jobs: 47% Social determinants of health The prevalence of social determinants of health means employers can’t a昀昀ord to ignore their impacts across employee populations. • Social determinants of health drive 80% of a person’s health outcomes. Source: Social Determinants of Health Investments: How SDOH Programs Can Generate Value, Insider Intelligence, August 2022 • Nearly 8 in 10 (77%) physicians believe that at least one SDOH factor a昀昀ects many of their patients. Source: 2022 Survey of American Physicians: Part 1, Physicians Foundation, April 2022 Research and Insights | The Standard