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Supporting Your LGBTQ Employees During Pride Month and Beyond

Each year in June, the LGBTQ community and its allies celebrate Pride Month, showcasing the diversity of the LGBTQ community and exploring the past and present of LGBTQ advocacy. While our society has made great strides when it comes to discrimination against LGBTQ individuals, there’s still plenty of work to be done. As an employer, one of the most meaningful ways you can honor Pride Month is by reviewing your health care benefits to ensure that they fully support the health and wellbeing of all of your employees, including those who are LGBTQ.

Understanding LGBTQ health disparities
Health care equity is a real issue when it comes to the LGBTQ population. People who are LGBTQ are at higher risk than their heterosexual and cisgender counterparts for a number of medical conditions, diseases, and infections, including cancer, obesity, and behavioral health issues.1 There are also barriers to health care access for LGBTQ individuals, most of which can be traced back to discrimination and oppression.2

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3 Methods to Bend the Cost Curve in 2021

Employers and benefits consultants looking to bend the cost curve in 2021 will have their work cut out for them. In response to recent legislative changes and the uncertainty the pandemic has brought, here are three fail-safe methods you can use to bend the cost curve for your employees and your organization.

For Employees
Benefits for unique needs and times
One of the many disparities the pandemic threw into sharp relief was how few employees were equipped to work from home. While certain workers may have had a slightly easier time, many were left turning bedrooms and kitchens into makeshift cubicles.

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Breast Cancer Screening – October is Breast Cancer Awareness Month

Breast cancer is the second most common cancer among women in the United States.1 It’s important to educate your employees about the disease and that early detection is an important factor in the success of breast cancer treatment

Early Detection
The type and frequency of breast cancer screening that is best for you changes as you age. Talk with your doctor about how often you should have a breast exam, and when you should start having mammograms.

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Connecting your employees to valuable health & wellness benefits

For many employers, annual enrollment season is fast approaching. You’ve likely made hundreds of decisions and spent an exorbitant amount of effort to optimize your spend while providing the best benefits package to employees. Why? Because benefits matter. They matter for a variety of outcomes that employers seek – like employee attraction and retention, improved health outcomes, total well-being, and overall satisfaction. But, we know the average employee spends only 17 minutes on their annual enrollment activities1. So, how do you get your employees to pay attention (or even notice) your benefits? We recommend getting them to focus on the most impactful and valuable benefits first.

Our research
At Fidelity Investments®, we have spent the past year conducting and analyzing research on how employers and employees value their benefits. We analyzed the data from many perspectives (recruitment, retention, well-being), but for this discussion, let’s focus on the benefits that impacted employee well-being.

When we looked specifically at health, wellness and work-life benefits, we found that there were seven key benefits that offered an increase in well-being just by being offered, regardless of utilization. A different set of seven benefits required employees to use them to get a meaningful boost to their well-being.


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Encourage Your Employees to Get Necessary Care During the Pandemic

The coronavirus pandemic has completely changed the medical care landscape over the past few months. It has particularly affected outpatient care. Understandably, patients are avoiding doctors and hospitals due to fears that they could become infected with COVID-19. But health care providers are now stressing the importance of continuing to seek medical care in urgent or emergency situations.

Here’s what you need to know about declining health care visits and the signs and symptoms that require emergency care.

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