Preparing for Q2: Reviewing and Adjusting Your SME’s Health Plan

A quarterly review ensures your health plan stays relevant, responsive, and cost-effective.

As Q2 begins, it’s the perfect time for SMEs to take a closer look at their existing health plans. Conducting a quarterly assessment isn’t just good practice—it’s a strategic move that ensures your company’s healthcare benefits continue to meet your team’s evolving needs while staying aligned with your operational goals.

SMEs in the Philippines operate in fast-changing environments, and employee needs can shift quickly with seasons, workloads, or even new team members. By reviewing your plan now, you can fine-tune your benefits before small issues become costly challenges.

Why Review Your Health Plan Quarterly?

Quarterly reviews allow SMEs to:
✅ Identify underused benefits or overspending
✅ Address new health concerns among staff
✅ Improve employee satisfaction with relevant support
✅ Maximize ROI by aligning costs with actual usage

Quarterly check-ins also help your HR team stay proactive rather than reactive—setting the tone for a well-managed, people-first workplace culture.

5 Key Steps to Review & Adjust Your Health Plan for Q2

1. Assess Utilization Trends
Check which services your employees actually used in Q1. Are APEs, outpatient consults, or mental health services being accessed? If some benefits aren’t being used, is it due to lack of need—or lack of awareness?

2. Gather Employee Feedback
Run a short survey or feedback session to learn what employees need more or less of. Are they aware of their coverage? Do they feel the plan supports their health goals?

3. Revisit Cost vs. Value
Compare what your business is paying vs. what your team is receiving. There may be room to restructure or enhance coverage without significantly changing your premium.

4. Address New or Growing Needs
Seasonal health concerns (like heat-related conditions), new hires, or chronic illness support might require new add-ons or adjustments to your plan’s scope.

5. Consult with Your HMO Provider
Use this window to sit down with your provider. A trusted partner like Purple Cow can help you optimize your plan, recommend enhancements, and ensure cost-effectiveness.

Start Q2 Strong with Smarter Benefits

Schedule a benefits review session with Purple Cow today to keep your healthcare plan aligned with your business and your people—because proactive planning makes a healthier team.