US Wellness Plan Budget: Stop Treating It Like an Expense

GROWTH PILLAR: Health & Wellness WHO THIS IS FOR: US small business owners, consultants, fractional executives, and leaders building systems WHAT THEY'LL GAIN: A plain look at how a wellness plan works on top of health insurance, why participation matters, and how payroll tax savings can fund business growth. Most owners think a wellness plan is a cost. It can be found money. Until that changes, your team skips care and your business skips the savings. Nate Hallums is a corporate wellness consultant with nearly 30 years of experience, and he started his career inside a Fortune 50 company. He leads BYF Wellness Consulting, which helps US employers treat a wellness plan as a smart business investment. In this return visit, Nate explains how a wellness plan gives the work force fast access to care, mental health support, and low-cost weight loss drugs at no cost to them. He also shows how payroll tax savings can put money back into the business to fuel business growth. His programs reach up to 90 percent participation, while most wellness plans sit near 20 percent. This episode is for US small business owners, consultants, and fractional executives who want a healthier team and lower benefit costs. Key topics covered: Why the gap between your plan and real access to care is the real problem How a wellness plan sits on top of major medical insurance Why 90% participation beats the usual 20% Mental health access that works more than once a quarter How FICA savings can pay for the plan and more Why consultants and fractional executives are ideal partners Guest links: Nate Hallums on LinkedIn SIMERP Book time with Nate Supporting persons: Thank you to Dave McFarland of FocusOPEX for the introduction. Read the full write-up. Browse all episodes. — PARTNERS ON THIS EPISODE — Gentry Learning: real estate education, listings, and an Investor Club from Fred Crouch. East Trade Winds: free weekly networking, Tuesdays 8 to 9 AM EST. Bring one challenge, one introduction. Notionhive: websites built to bring in leads and clients. Next Steps Email: [email protected] Join Canada Growth Network (a robust CRM platform): $1 CAD first month, $47 CAD/month. Real tools. Real people. Subscribe to the K4B blog Search K4B episodes Register as a K4B guest Visit Knack 4 Business Past episodes (Ghost blog) Disclaimer: Everything you heard today is for educational purposes only. It's not professional advice. Before you act on anything — talk to a certified expert in your area. Your accountant. Your lawyer. Someone who knows your situation. We share perspectives. You make the decisions. Want more? Head over to blog.knack4business.com — packed with practical episodes on AI, marketing, leadership, and growth. No fluff. Just the good stuff. Subscribe while you're there. Until next time; keep building. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.