In today’s competitive job market, it’s not just salary or titles that attract and retain top talent — it’s care.

More than ever, employees are looking to work with companies that prioritise their well-being, both in and out of the office. Offering robust health insurance and wellness benefits isn’t just a nice-to-have anymore. It’s a critical part of a company’s retention and engagement strategy.

Let’s break down how the right health insurance plan can elevate your team’s loyalty and satisfaction — and help your business thrive.

Employees Stay Where They Feel Cared For

Health insurance is more than a benefit — it’s a signal. When employees see their employer investing in their physical and mental health, they’re more likely to feel valued. In turn, this creates a deeper sense of loyalty.

In fact, studies show that over 60% of employees consider health insurance one of the top benefits when choosing or staying with an employer. It speaks volumes about a company’s values — and people remember how they’re treated when it matters most.

Healthier Teams Are Happier (and More Productive)

When employees can access affordable, timely medical care — whether it’s through in-patient, out-patient, or mental health coverage — they take fewer sick days and return to work faster and stronger.

Preventive care coverage also plays a role in reducing long-term absenteeism and the cost of chronic conditions, which helps both the employee and employer in the long run.

Mental Health & Wellness Support Sets You Apart

Mental health support is no longer optional. Employees today are increasingly aware of the importance of mental well-being — and they expect their employers to be, too.

Plans that include access to therapists, employee assistance programs (EAPs), or stress management resources show employees that your company takes a proactive approach to their overall health, not just the physical.

This kind of support fosters a healthier workplace culture, which has a direct impact on morale, collaboration, and retention.

Retention Starts with Customised Coverage

Not all employees have the same health needs — which is why flexible or tiered insurance options can make a real difference. Offering customisable benefits or add-ons (such as dental, vision, maternity, or physiotherapy) lets your team choose what works best for them and their families.

This flexibility makes employees feel seen and cared for on an individual level — and keeps them engaged for the long term.

Your Reputation as an Employer Matters

Companies known for great benefits become magnets for top talent. When your employees are happy with their health coverage, they become ambassadors; telling others about their positive experience at work.

Word of mouth, online reviews, and employer ranking sites now heavily influence candidate decisions. A strong health insurance package can be a defining factor that gives you a competitive edge.

Supporting Your Team Is an Investment, Not a Cost

Choosing the right group health insurance plan can feel overwhelming, but it doesn’t have to be.

Whether you're a small business looking for cost-effective options or a growing team that wants more comprehensive coverage, there are solutions that can work for you.

At IPG, we help companies design health insurance packages that are both cost-efficient and employee-centric — from basic coverage to wellness-rich plans that boost engagement and retention.

Ready to build a benefits package your employees will stay for?

Let’s talk about how we can support your team’s health and happiness — now and in the future: https://ipg.sg/business 

 

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