As we move forward through the stages of healthcare reform, one thing is for certain: employers need to continue to attract and retain the best employees... this has long been true. Today, differentiation will be the key. Enter Ancillary benefits also known as Voluntary benefits!
Voluntary benefits enable employers to offer their employees the ability to choose from a menu of benefits that meet the employee’s needs, even if the employees pay the full cost of those benefits.
Offering voluntary benefits for your employees through a group purchase platform can be better for both you and the employee. Here are 3 great reasons to purchase ancillary benefits through a group platform:
- Higher guarantee issue limits
- Fewer underwriting hassles
- Usually lower premiums
BONUS: many of these benefits can be paid with pre-tax dollars, which is a plus for both the employee and the employer.
Voluntary benefits could very well be the rescue employers are looking for - and in the very least - your employees will have extra protection, and it will continue to set you apart from other employers.
Would you like to know where your company fits in regard to your benefits offering? Do you have a plan for Obamacare and reform? Have you considered self-funded? We have the answers to these questions and more. Contact knowledgbroker Riley Enright for an up-to-date discussion of your benefit concerns.
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Ease Pain of Reform for Employees: Offer Generationally Attractive Voluntary Benefits
