Health and wellness pay is a sum of money given to employees to purchase health and wellness initiatives that are relevant to them and their needs. It is a type of flexible benefit, also known as a welfare stipend, that is used for physical and mental wellness needs, in addition to medical expenses. All policies found in California Health's & Wellness Payment Policy Manual apply with respect to California Health & Wellness members. The benefits of health and wellness stipends are numerous.
They provide employees with more freedom to use their allowances for the medical costs they need, while also alleviating the problem of having to cover insurance premiums. Additionally, they don't have to follow as many regulations as health insurance or HRAs, making them a great additional benefit to offer employees. When it comes to the average salary for California Health & Wellness jobs, it will vary by location, department, and job description. To get reimbursed for purchases made with a health and wellness stipend, employees must file a reimbursement request and receive a refund in their paycheck, similar to a health reimbursement agreement (HRA).
Physical training or medical care for body-related injuries, aches and pains should be eligible as part of your health reimbursement. Be sure to check your company's health and wellness stipend policy for information on how to get reimbursed for your purchases.
