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TWO THIRD PARTIES of Filipino employers plan to purchase coronavirus disease 2019 (COVID-19) vaccines for their workforce, according to a Global Advisory survey to berm Willis Towers Watson and the Philippines People Management Association founded.
The survey of 250 HR professionals in February showed that 65% have already made arrangements to purchase vaccines or are in the process of doing so.
Among employers who have not started the vaccine purchase process, 58% are considering doing so, leaving 42% with no plans to purchase doses of COVID-19.
Up to 68% of employers said they would fully subsidize the cost of vaccines, while 11% said they would partially pay for doses.
About 7% of employers said they would limit financial support to a portion of their workforce, and half of them said they would only pay for vaccinations for permanent employees.
“Regarding dependents and / or household members, the vast majority (71%) of companies would pass the full cost on to their employees,” Willis Towers Watson said in a statement Tuesday.
For those in the process of purchasing vaccines, 60% said they plan to provide vaccines to their employees’ dependents, while 52% of those who have not yet started the process said the same.
“In procuring or facilitating the purchase of the vaccine for employees’ dependents, more than half of those surveyed indicated that these would include spouses, parents of single employees, and children, all of whom reside with their employees,” said Willis Towers Watson. .
More than 40% of employers plan to include the parents of married employees, siblings of single employees, and those who live in their workers’ homes.
Most or 70% of employers considering purchasing vaccines said they are conducting a survey to find out how many employees are interested in inoculation. Among those who have not conducted a survey, 15% said they would wait for a confirmation of their orders before doing so.
Employers are looking for multiple vaccine managers, with 37% considering a third party, 19% planning to work with their health maintenance organization, and 15% considering their on-site clinic provider.
The Philippines began vaccinating healthcare workers on Monday after receiving 600,000 doses of CoronaVac from Sinovac Biotech Ltd. donated by the Chinese government.
Another half a million doses of a vaccine made by AstraZeneca Plc would be delayed about a week due to global supply problems, Health Secretary Francisco T. Duque III previously said.
National Policy Against COVID-19, Deputy Director of COVID-19 Implementation, Vivencio “Vince” B. Dizon, said Tuesday that there is still no specific date for the arrival of the first batch of Pfizer-BioNTech vaccines.
“Companies must focus on the health and well-being of their employees. In a study we conducted last year, 93% of employers believe the pandemic will have a negative impact on the well-being of employees. In a more recent survey, two-thirds of those surveyed said that their companies’ response to the current pandemic or preparing for a future pandemic affects their wellness focus and activities. “ Willis Towers Watson Philippines, Health and Benefits Leader Susan La Chica, said in the statement.
“By providing timely communication, beneto bets and access, employers can help employees get vaccinated. This is an important role that employers can play to help protect their employees and limit the spread of COVID-19. ” – Jenina P. Ibáñez
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