MetLife launches digital version of 360Health Impact Calculator

MetLife Australia has announced the launch of a digital 360Health Impact Calculator. This innovative tool is designed to help super funds and their employer groups, estimate the financial benefits of investing in employee health and wellness through MetLife's award-winning 360Health program.

MetLife’s most recent Employee Benefits Trends Study¹ found that improving employee wellbeing is a top priority for 82% of employers, but only 42% find it easy to secure funding for such initiatives when there is no direct financial benefit to their business.

At the same time, 78% of employees say that supporting their wellbeing is a non-negotiable part of the employee experience and an overwhelming majority of employees say it contributes to loyalty. Further, such programs make employees 52% more likely to be satisfied with their job.

By leveraging the digital 360Health Impact Calculator, super funds and employer groups can quantify the estimated dollar impact of 360Health in their workplace through reduced absenteeism and presenteeism. This digital tool helps employers make data-informed decisions about their health and wellness investments they make for their employees*.

Commenting on the launch, MetLife Chief Customer and Marketing Officer Lina Saliba, said: "At MetLife, we are always looking for ways to deepen the value of the life insurance offering we provide. We understand the importance of employee health on workplace productivity and our digital tool allows employers to estimate the impact of 360Health services on workplaces”.

The digital 360Health Impact Calculator is part of MetLife's ongoing commitment to providing innovative solutions that support the health and wellbeing of employees. MetLife aims to empower super funds and their employers to create healthier, more productive workplaces.

About 360Health
MetLife’s 360Health program, which is available to all customers at no additional cost, offers a comprehensive range of services and solutions aimed at improving employees' physical, mental, and financial wellbeing. It includes a suite of award-winning health services from medical and mental health to nutrition and fitness advice, available without having to make a claim.

For more information about the 360Health program, please visit the website and contact your Relationship Manager to access the digital 360Health Impact Calculator.

Reference

1.  EBTS 2024 | MetLife Australia

*Note: Calculations are based on the data provided by the employer and are based on hypothetical scenarios. The accuracy of the calculated outcome can't be predicted with certainty and outcomes that reflect a higher benefit are generally subject to higher risks and volatility. The actual benefit can vary widely over time, especially for longer term use. There are a number of factors including human behaviours that can significantly influence the results. The results generated by the impact calculator are estimates only and should not be relied upon. Users of the impact calculator should make their own enquiries.

MetLife Insurance Limited (MetLife), an affiliate of MetLife, Inc., is a specialist provider of life insurance to superannuation trustees, employers and financial advisers in Australia. MetLife has expertise in designing holistic insurance solutions to meet the needs of its customer groups, which includes the award winning 360Health program. MetLife has been providing life insurance products in Australia since 2005. For more information, visit metlife.com.au. 

MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help individual and institutional customers build a more confident future. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Asia, Latin America, Europe and the Middle East. For more information, visit metlife.com.