Small Business Series - In the spotlight Imad Baatiche

Employee Benefits
February 20, 2020

Small Business Series – In the spotlight Imad Baatiche

We hear so much about Well-Being and Wellness these days so Imad Baatiche, Head of Employee Benefits has answered some key questions we get asked all the time.

At Expat Insurance we believe, a healthy office is a more productive office so don’t forget to think about Corporate Wellness within your business.

What trends can we expect to see in Wellness in 2020?

The employee health and wellbeing industry has exploded in the market and shows no signs of slowing down.

Companies should now have health and wellbeing as a core business strategy rather than nice to have benefits.

Trends include; digital trends will continue to grow, we are starting to see telemedicine introduced across a number of companies, as well as lifestyle changes, for example, increasing flexibility and supporting mental health are all top of the agenda.

What is the difference between Wellbeing and Wellness?

We tend to use the terms interchangeably. However, Wellbeing is more holistic and Wellness is more physical health.

What is the difference between health insurance and wellness, do I need both?

To attract and retain staff it will be crucial to offer a comprehensive health insurance policy to your employees, this covers things like Inpatient, Outpatient etc. depending on what you would like to include. Wellness programs solutions complement health insurance plans. Wellness programs help educate employees on health, nutrition, fitness to empower them to explore healthier lifestyle choices which means your business has a healthier and more productive workforce.

I don’t really understand the benefits of Wellness?

There are a number of benefits for incorporating wellness into your business strategy –

Lowering health care costs
Reducing absenteeism and presenteeism
Achieving higher employee productivity
Reducing workers compensation and disability related costs
Reducing injuries
Improving employee morale and loyalty

If you are looking for any help, guidance or insurance cover, please contact Imad on [email protected] or +65 6439 8026

John Ntatsopoulos

Over the course of his 34 years career, our CEO, John, have worked predominately in the area of insurance and financial services across major APAC markets, including Australia, NZ and across South East Asia. Over the last 9 years, he has been based in Singapore focusing mostly in Medical Insurance and Employee Benefits while working across Southeast Asia, particularly in Singapore, Thailand, Vietnam and Malaysia. John graduated from the University of New South Wales with a master’s degree in commerce. Off-work period calls him for a game of rugby, strumming a guitar, whipping up his favorite meal in the kitchen and riding a motorcycle across many different countries.