In the face of economic uncertainty, employees are being forced to make difficult choices when it comes to how they spend their money. At times, those cost-cutting efforts can mean gambling with their health.
In a recent survey conducted by employee benefits platform Elevate, 65% of employee respondents are looking to cut discretionary spending to focus on necessities. For many, healthcare has been the easiest expense to trim — 28% of employees reported putting off a screening or wellness check to save money and 14% reported postponing a necessary medical procedure or delaying getting a prescription filled.
