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Common Cause of Sick Leave
Illnesses and issues related to the back, joints, and muscles are something nearly everyone experiences. These problems, along with mental health issues, are the primary causes of sick leave and entail significant costs for both society and employers.
In addition to personal suffering and income loss for the individual affected, the employer is responsible for sick pay during the first 14 days. Furthermore, the company’s productivity is impacted, and additional costs may arise for hiring temporary replacements.
Is Naprapathic Treatment Tax-Free and Deductible?
There are several effective ways for employers to provide naprapathic treatments for their employees. As an employer, you can assess whether an employee needs treatment to quickly return to work or to prevent recurrence. If you make this assessment, the treatment becomes tax-deductible for the company and tax-free for the employee—a smart investment for both health and finances!
Costs for Sick Pay and Temporary Replacements
As an employer, you pay sick pay for an employee on sick leave during the first 14 days. If the employee has a monthly salary of 25,000 SEK, the cost is approximately 2,000 SEK per day. Including the cost of temporary replacements, the total can amount to nearly 3,000 SEK per day.
How Much Can a Company Save?
If a company has 20 full-time employees and each person averages seven sick days per year, which is typical in Sweden, reducing sick days by one day per employee can lead to a savings of 50,000 SEK per year. In addition to these financial benefits, you also gain healthy and motivated employees.
In cases of acute pain in the neck, shoulder, or back, employees are typically able to return to work within 3–5 days.
Preventive and Rehabilitative Treatment
The employer can determine whether an employee needs treatment for rehabilitation purposes or to prevent future issues. The cost is tax-deductible for the company and tax-free for the employee. It is beneficial to document this assessment, and you can obtain a template for this from your naprapath.
Can You as an Employer Deduct Private Health and Medical Care for the Employee?
Since July 1, 2019, employers can decide to pay for naprapathic treatment even if it is not for preventive or rehabilitative purposes. The cost of private healthcare is tax-deductible for the company, but the treatment is considered a taxable benefit for the employee, which means it will be taxed.
Can You as an Employer Deduct a Private Health Insurance for Your Employees?
Just as with private healthcare, you as an employer can deduct the cost of a private health insurance for your employees. The insurance is considered a benefit, and 60% of the cost is taxed as a benefit for the employee. Naprapathic treatment is often included in the insurance with most major insurers.
