Sesame for Employers Is a New Service for Smbs That Allows Businesses to Provide High-Quality Health Care Benefits for as Little as $20 per Employee per Month
Sesame, the only company truly lowering the price of health care for American consumers whether they have insurance or not is rolling out Sesame For Employers, a new service that provides employee health care offerings for small- and medium-sized businesses (SMBs) at a fraction of the cost of traditional managed care programs through insurance carriers.
For the 60.6 million people who work for small businesses, employer-sponsored health care is often not a reality; many employers simply can’t afford to spend the average $7,000 on employee health plans annually, or they haven’t had to offer it to attract and retain employees in past labor markets. However, the American workforce is in the driver’s seat more than ever, as the Great Resignation wages on: 47.4 million Americans quit their jobs in 2021 – and SMB employers are challenged to meet rising demands, including offering better benefits.
HR Technology News: US Bank, Payactiv Unveil New Earned Wage Access Solution for Employers
For as little as $20 per employee per month, Sesame For Employers lets SMBs affordably deliver the benefit that’s most important – and typically most expensive – to their employees: health care. By offering inexpensive access to high-quality health care, Sesame For Employers enables SMBs to improve employee health, wellness and satisfaction; retain valued employees more effectively; and recruit new employees more successfully.
“There has never been a more urgent time to help SMBs survive and thrive, and affordable health care can play a significant role,” said David Goldhill, Sesame’s co-founder and CEO, and the author of The Real Costs of American Health Care. “The labor issues faced by SMBs are an existential threat. There are millions of unfilled SMB jobs, and the Great Resignation is compounding the problem. Sesame For Employers gives SMBs another tool in their toolkit for valuing and retaining their employees, and more effectively recruiting new ones.”
HR Technology News: Employee Enablement Platform Zavvy Launches With $4 Million in Seed Funding
AFFORDABLE, ACCESSIBLE HEALTH CARE THAT’S SUPER SIMPLE.
Sesame For Employers is built on the Sesame Marketplace that has lowered the price of health care for hundreds of thousands of Americans in all fifty states by as much as 70 percent in the last year. The Sesame Marketplace works by giving consumers direct access to more than 16,000 healthcare providers who charge a cash price and do not accept or require insurance, keeping prices exceptionally low. Sesame Marketplace providers cover a range of medical needs – primary care, specialties, dentistry, lab work, imaging and more (in-person and virtually).
Sesame for Employers creates bespoke health care programs that can be customized to fit any small business’ needs, including adding access to mental health clinicians, covering employee family members or offering other specialty care areas such as dental. The employer contributes a monthly per-employee stipend – as little as $20 per employee per month – which can cover the employee’s care through Sesame. In turn, employees receive unlimited telehealth benefits, including primary care, urgent/sick visits, prescription refill appointments – and access to a myriad of in-person services.
Sesame For Employers also includes complete access to SesameRx, the Sesame mail-order pharmacy, that includes 200 FDA-approved medications, all for $5 and all shipped with two-day free shipping.
HR Technology News: HR Technology Highlights – HR Tech Daily Round-Up For 17-Feb-2022
[To share your insights with us, please write to sghosh@martechseries.com]