Employee Health Promotion

Federal Employee Health Benefits form an integral part of the employee welfare programs, taken care of by employers. The Federal Employee Health Benefit Plan comes under the system of ?managed competition.? It offers certain benefits to the employees, once they have successfully completed the probation period and have been confirmed as full-time employees. Once a person becomes a full-time, permanent employee, he is covered under various Insurance schemes available to the full-time employees. These include life, dental and other health related insurance coverage.

An employee can avail of these benefits through an ?open enrollment?. Once it is accepted, it covers the employee completely within the plans chosen. In the case of marriage, divorce, birth or adoption of a child, the employee can choose to change or cancel the chosen plan. This is also applicable if the employee?s employment status changes. Some of these benefit plans are offered to all organizations, while some are restricted to regional organizations only. The Government invests a huge amount of money in these benefits, paying almost 70% of the premium for permanent employees.

At present, with high attrition rates, employers keep on trying to retain their employees. They keep providing benefits to the employees and constantly update them, keeping their changing interests in mind. Most employers conduct research and surveys to implement new benefit plans. Based on the designation profile and company, the range of facilities of these benefit plans vary from one employee to another.

These benefit plans serve as part of the marketing strategy adopted by the various companies. Each company keeps track of the benefits provided by the other companies, to compete and attract candidates and subsequently retain their employees. These plans help the employee in reducing their income tax amount, while deducting the tax amount of the employers as well.