Wellthy

Terrific to see the ROI of Wellthy's caregiving benefits covered in this piece from CNN, which takes a deep dive look at how companies are stepping up to support their employees who are juggling caregiving responsibilities. As the article covers, access to Wellthy reduced daily absenteeism, increased employee productivity, and helped companies improve retention and recruitment. And as nearly 100 Wellthy clients surfaced, when caregiving benefits reduce turnover it can mean the cost of providing those caregiving benefits more than pay for itself. Check out the piece here, which is a wonderful spotlight on what companies can do to holistically support employees with care needs—and how with shifting population dynamics, caregiving touches nearly every layer of the workforce. https://lnkd.in/eh-7S9xq #caregiving #employeecaregivers #futureofwork #eldercare?

Our hearts go out to all those impacted by Hurricane Helene. As we witness this climate emergency unfold, we're reminded of the intricate link between care and extreme weather events—something we've seen play out from Houston to Asheville this year, as well as in so many additional communities. Amidst devastation like this, families and caregivers are often left struggling and vulnerable. The complexity of care can already be intense, and in the aftermath of a storm it can become exponentially more so as families are displaced and recover from significant damage. In the midst of emergencies, critical caregiving tasks still need to get done, like finding ways to refill prescription medications, access important paperwork and IDs that may have gotten lost or ruined in storm damage, getting loved ones to doctor's appointments, and so much more. As Wellthy Care Manager Stefany Pettinger shared this week: "In times like these, it's incredible to see the strength of family caregivers and the strength of communities banding together to support one another." We're thinking of all family caregivers right now who are bearing the burden of care amidst storm recovery, and stand ready to help families in their journey to recovery, and their ongoing care journeys in the days, weeks, and months ahead. #HurricaneHelene #DisasterRelief #CareSupport #FamilyCaregivers

Some of the most innovative work to support employee caregivers today is happening on the frontlines of our health and hospital systems—and that's so visible in this piece that spotlights the tremendous benefits ecosystem at Penn Medicine, University of Pennsylvania Health System, where employees can access behavioral health resources, employee assistance programs, mental health support, comprehensive health care navigation, and Wellthy's caregiving concierge services. We're so proud to partner with UPHS in their mission to support employee well-being. Learn more here: https://lnkd.in/e6NaNm9U

What a huge milestone and moment to celebrate! Wellthy investor Rethink Impact, LP has announced the largest fund in the country backing female founders and CEOs—bringing their total to more than half a billion dollars! Talk about driving impact, and making an historic difference in business, tech, and across the economy—including the care economy. We are so thrilled to work with Jenny Abramson, Heidi Krauel Patel, and the entire team at Rethink Impact in building a more inclusive and innovative world for employees and families. As Jenny says so beautifully in this exclusive from Maggie McGrath at Forbes, many people thought that investing in women and female founders & CEOs was a passing trend, "But this moment makes clear that investing in women and impact [funds] is good business." Read the full Forbes article here, and learn more about Rethink Impact's incredible work, history, and mission: https://lnkd.in/dv9rfuU8 #FemaleFounders #ImpactInvesting #CareEconomy

New research from Principal Financial Group highlights the growing impact of caregiving on our workforce — and its findings are eye-opening. + Nearly a quarter of those in the "Sandwich Generation" caring for their children and aging relatives at the same time are thinking about leaving the workforce because of care responsibilities; + Within five years, an estimated 73 million people will be caregivers — up from 53 million at the start of this decade; + When a family caregivers leaves the workforce to care for a parent, they lose an average of $304,000 in wages and benefits over their lifetime. Faced with increasing pressure and complexity in managing care on top of work, today's multi-generational workforce is craving more support — and for many, that support is most pivotal when it comes to their wants and needs in a benefits program. Especially as our workforce now spans five generations. Check out more in Principal's report, which underscores the importance of diverse benefit offerings but also highlights the need for employers to tailor their benefits packages to meet the evolving needs of their workforce, particularly those with caregiving responsibilities. https://lnkd.in/eyEYV3Uu #data #caregiving #employeecaregivers #futureofwork

As the leaves begin to change and the air turns crisp, families across the nation are diving headfirst into back-to-school season. Book bags are packed, lunch boxes are ready, and school supplies are checked off lists. But amidst the excitement of new beginnings, parents face a unique set of care challenges that come with this annual transition. The back-to-school period isn't just about new notebooks and pencils. It's a time when families often feel the weight of care responsibilities more acutely: + 87% of parents of parents with children under 18 report that back to school season causes them stress and anxiety; + 53% of families identify back to school season as the most stressful time of the year; + This year, back to school season is happening right as the Centers for Disease Control reports rapidly increasing levels of COVID in nearly half of the U.S. This can all lead to a chaotic time for families, with care needs emerging suddenly and little time to prepare. At Wellthy, we understand that every family's care journey is unique and deeply personal. That's why we offer dedicated support from care experts who help families navigate their caregiving responsibilities and tackle to-do lists. Our services include assistance with childcare solutions, educational support, after-school activities, finding cost-effective resources, and special needs support. To learn more about how Wellthy can support your back to school care needs read the full blog post here: https://lnkd.in/edJj8_Wm

So excited to see this profile on Medtronic's support for the sandwich generation. Medtronic's commitment to supporting employees facing the dual challenges of raising children and caring for aging parents and relatives is pivotal for so many employees and Wellthy is thrilled to work alongside and support their workforce. Read the full profile here: https://hubs.la/Q02QksFZ0

"Parents have a profound impact on the health of our children and the health of society. Yet, parents and caregivers today face tremendous pressures." That's the stark reality highlighted in a recent advisory from U.S. Surgeon General Dr. Vivek Murthy, calling for a "fundamental shift" in support for working parents. As this piece by Jen Colletta in Human Resource Executive highlights, some alarming numbers are facing parents in the workforce today. + 40% say it’s harder today to find childcare than just a few years ago, and 65% have been on a daycare waitlist; + one-third of parents have reported "high levels" of stress in the past month; + working parents are spending nearly a quarter of their income on childcare; But there’s good news: employers are in a unique position to drive change. Solutions like care benefits, expanded paid leave, flexible scheduling, and investing in comprehensive mental health support have been shown to substantially impact the health and well-being of today’s workforce. And companies like Guardian Life, spotlighted in this article, are pioneering innovative benefits to support working parents throughout their caregiving journey. Check out the full piece in HR Executive here: https://lnkd.in/ejpdM3Ur

We’re so excited to be participating in the Oliver Wyman Health Innovation Summit taking place this week in Chicago! This year’s event is focused under the theme of “Working In Concert: Dissonance And Harmony,” and will feature a number of conversations and panels aimed at building a healthcare system that truly serves everyone. Wellthy’s Co-Founder and CEO, Lindsay Jurist-Rosner will be speaking on a panel, “Orchestrating Senior Care: An Ensemble Approach to Caregiver Enablement,” on Tuesday, September 17 at 11:00am CT, alongside incredible panelists from Penn Medicine at Home, AARP, and Oliver Wyman. Learn more about the summit here:?https://owy.mn/3YZF6Gv #OWHIC

One in five employees has a child with a disability, and globally, over 1 billion people live with some form of disability. In this important piece, Jaqueline O., creator of 'Health at Work & People', addresses how workplaces can best support employees who are caregivers for individuals with disabilities. Jaqueline invites industry leaders to collaborate on this dynamic resource, to inform how we can build better workplace resources and policies. Jaqueline emphasizes that true inclusion requires ongoing commitment "day in and day out, to understand and feel the challenges others face — it's about creating adequate safeguards, transforming our work environments to fully acknowledge, embrace and benefit from the diversity of experiences." This isn't just a workplace issue; it's a societal challenge that demands innovative and inclusive responses. Read the full article here: https://lnkd.in/eNWpDAmj