With political changes affecting everything from the obvious, like people’s finances, to the less tangible, like mental health, there couldn’t be a better time for businesses to review their employee benefits packages. From the cost of living crisis to a strained National Health Service, the UK has faced a number of challenges in recent years. These are problems that have significantly impacted the wellbeing of employees, both at home and in the workplace — but they are problems that the new government is promising to address.But despite hopes for the positive changes being proposed, we must recognise that the task ahead of the new Labour government will not be easy and that change won't happen overnight.Here we’ll take a deep dive into the impact of a new government on the workforce and how you can ensure you’re providing a benefits offering to suit your employees’ changing needs.Increasing access to healthcareThe government has committed to improving NHS services, focusing on dental care, GP availability, and mental health support. Labour has pledged to cut patient waiting lists by adding an extra 2 million appointments per year and using spare capacity in the independent sector.However, these changes will take time to implement and in the short term, not a lot is expected to change. NHS waiting lists are set to remain high for some time to come and delays in accessing GP appointments and treatment will continue — causing ongoing difficulty and worry for people. For employees, this will mean the continued reliance on and increased demand for employer-provided health insurance to bridge these gaps in healthcare and to help reduce absence in the workplace. And it’s no wonder that growing numbers of employers are now looking to add this to their benefits package.YuLife’s Group Health Insurance not only protects employees by giving them access to world-class healthcare with Bupa but also prevents illness through an award-winning wellbeing app that inspires people to live happier and healthier lives every day.Investing in mental healthThe new government has declared mental healthcare in the UK a national emergency and plans to treat it with the same attention and focus as physical health. They’ve already promised to recruit 8,500 new mental health staff to reduce mental health wait times and pledged to modernise mental health legislation to give patients greater choice, rights and support.With the mental health epidemic at its peak and understandably serving as a major concern for workers today, we’re seeing more and more businesses looking to support the mental wellbeing of their staff, offering benefits like counselling, EAP services and meditation app subscriptions. What’s more, investing in the mental health of your workforce is not only a moral responsibility but also a strategic investment for businesses. A happier, healthier workforce is more productive, engaged, and loyal — reducing turnover and absenteeism, enhancing employee satisfaction and fostering a positive company culture.And with YuLife’s Group Insurance policies and partnership with Bupa, your people can get the most extensive mental health cover on the market as standard with virtual, anonymous support from top-rated mental health professionals your team can access anytime, anywhere.Tackling the cost of living crisisA person’s socioeconomic situation can have a huge impact on their day-to-day life. So it’s no wonder that with rising prices and stagnant salaries, people are feeling the pinch when it comes to both their bank balance and their wellbeing. Labour has vowed to take a number of steps to ease the cost of living: from bringing down bills to getting wages rising and tackling today’s sky-high prices, which is great to hear for both employees and businesses alike. But how can employers better support their people’s financial wellbeing today?Flexible benefits provide a valuable solution as they cater for varied employee needs during times of economic turbulence. Reward schemes offering money-saving and discounts are a great way to alleviate the pressures that employees are feeling right now and help the cost of living feel less costly.The YuLife app engages and incentivises employees to participate in daily wellness activities such as walking, cycling and mindfulness in exchange for YuCoin, our virtual wellbeing currency, that can be redeemed for vouchers to spend on cost-of-living-related expenses, like food and household items, to mitigate the inflation that has hit the supermarket shelves.About YuLifeYuLife is working to reimagine the insurance industry by protecting lives, rewarding living and inspiring life. We’re on a mission to transform traditional insurance into a life-enhancing experience each employee will value and use daily. How does it work?Our award-winning app uses behavioural science and game mechanics to reward your people for living well while offering protection in case of crisis. And with our top-rated employee assistance programme, your team gets access to mental, financial and social support, virtual GPs, nutritionists, life coaches and more to help them live their best lives.Because we believe that your employees should benefit from their insurance from day one — and that wellbeing should be accessible every day, for everyone.Request a demo for your team today.