Do Employee Benefits Cover Mental Health?

In an ideal workplace today, mental health support is becoming increasingly important for employees. It’s a lifeline for moments when deadlines loom large and stress levels soar. But what does this support really include? It includes assistance programs, access to medical professionals, rehabilitation, disability support, etc.

In this article, we’ll give you an overview of how employee benefits cover mental health and why it is important.

The impact of poor mental health in a workplace

According to the Canadian Mental Health Association (CMHA), every week, around 500,000 Canadians can’t work because of poor mental health and 38% have taken time off work in the last five years because of mental health issues like stress, anxiety, and depression.

It’s not just individuals who suffer; the Canadian economy loses billions every year, employers feel the pinch, and youngsters are often hit the hardest, with most feeling burned out. This is when offering mental health support as an employee benefit becomes more crucial than ever.

So, whether it’s providing support for remote workers feeling isolated or helping employees resume work, employers need to take action to create a healthier workplace for everyone.

How do employers in Canada offer their employees mental health support?

So, what does mental health support look like in employee benefits packages? Here are some of the benefits that employers in Canada offer to their employees:

What can you, as an employee do to assess if you’re getting adequate mental health support at your workplace?

It’s alright to feel confused when you’re faced with endless pages of a policy that you don’t understand too well. However, you can always check if the mental health benefits offered at your workplace are sufficient for your needs. 

Take a good look at your existing benefits to see what you have and don’t. Does your policy include therapy sessions? Are there any apps that help with stress management or offer well-being support? Do you have access to any pre-recorded therapy sessions that you can resort to if you don’t have a therapist on call?

If not, consider requesting your employer through the human resources department to offer you these benefits.

How much does it cost to include mental health benefits in a group plan?

For instance, Sarah, a marketing analyst at a mid-sized company in Toronto had been feeling increasingly anxious, struggling to work and maintain a healthy work-life balance. After consulting with a mental health professional, she was diagnosed with severe anxiety.

Her employer’s benefits package includes mental health support, offering a median coverage of $750 annually. However, as her treatment progressed, Sarah realized that she needs more sessions than her benefits offer.

Now, if Sarah opts for 8 therapy sessions annually, she would face an additional out-of-pocket expense of $450 per year. If she chooses 20 sessions annually, her out-of-pocket expense would increase to $2,250 per year. While Sarah’s employee benefits plan won’t eliminate these expenses, it will significantly reduce the financial burden on her.

Want to choose the best group health plan with mental health benefits? Speak to our experts!

At PolicyAdvisor, our licensed experts will give you honest, unbiased advice that puts your needs first. So, if you’re looking for an insurer that will prioritize your employees’ mental health and give you a sustainable group health plan, speak to us today!