Mission
To establish
L.E.E.P. as a problem solver with the small group market in Massachusetts by providing low-cost products that assist employees in their daily personal and work lives. The goal is to provide the tools to reduce health insurance claims; improve work productivity and quality of life; foster a more robust small business economy by improving the competitive stance of small employers, and complement the Massachusetts Health Reform Law. Ultimately,
L.E.E.P. will create a new paradigm of good health and mindful living for small business employers, employees and sole proprietors.
Keys to Success
- Market need. Small businesses drive the bulk of the Massachusetts economy and employ most of our workers. Yet most are unable to afford the kind of robust employee benefit packages offered by large employers; this is a competitive disadvantage for small businesses. At the same time, the escalation of economic pressures, including the high cost of health insurance and energy, together with the intensifying stresses of daily life have added to the burdens encumbering small employers, their employees and sole proprietors.
- Multiple stakeholders. L.E.E.P. has been structured to benefit multiple stakeholders, including employers, employees, professional services vendors, third party administrators, brokers, business/ professional associations, chambers of commerce and the Commonwealth of Massachusetts. All participants will have an interest in making L.E.E.P. a success.
- Proven results. Research shows a high return on investment (ROI) for employee-assistance, wellness and other work/life programs. Employee Assistance Programs and related wellness initiatives have been shown to: 1) improve employee productivity, 2) reduce absenteeism, 3) provide the tools to reduce costs of health insurance by reducing claims such as short-term disability, 4) support employee attraction and retention.
- Affordability. Employers and sole proprietors will be able to purchase service packages such as short-term counseling or consulting for just a few dollars per month per employee.
- Shared risk. The risk will be spread among a large group, keeping expenses of individuals in the group lower.