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Hospital Indemnity Insurance a Key Voluntary Benefit

InterWest Insurance Services

Fortunately, employers can help by offering their workers voluntary hospital indemnity insurance that can provide peace of mind in case they have a serious medical episode. Hospital indemnity insurance. The worker can use this cash benefit for any purpose, including: Deductibles. She spends two days in the hospital.

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Worksite benefits: Hospital indemnity insurance and beyond

Higginbotham

Employers can help their employees by offering worksite benefits like hospital indemnity insurance and other supplemental benefits. What is hospital indemnity insurance? Hospital indemnity insurance is a supplemental insurance plan that’s used in conjunction with an existing health insurance plan.

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What to Look for in a Financial Wellness Program

Best Money Moves

Financial stress is one of the top motivators driving organizations to invest in financial wellness programs and 40 percent say that addressing financial stress is a top reason for increasing voluntary benefits, according to a new survey by Buck. . 18 percent want to add a student loan repayment benefit.

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What is supplemental life insurance and how can it improve your employee benefits package?

Higginbotham

Imagine a man earns $50,000 a year has a policy with a $100,000 death benefit. When he dies, his wife receives the $100,000 death benefit. Some of this money goes to cover hospital bills and funeral costs. When you offer supplemental life insurance as a voluntary benefit, your costs are minimal. Learn more.

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How Decision-Support Tools Can Replace Benefits Fairs

Flimp Communications

At Flimp Communications, we offer both PLANselect, focusing on healthcare plans, and BENEFITchoice, ideal for presenting supplemental and voluntary benefits. Most employees are familiar with the medical benefits their employers offer but know little about available voluntary benefits.

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Mid Yorkshire Teaching NHS Trust ensures its benefits provision meets staff needs

Employee Benefits

Mid Yorkshire Teaching NHS Trust looks after more than half a million people each year in their homes, in the community and across its three hospitals. This has resulted in claims for more than 80,000 new state benefits.” explains Wills. Discount vouchers are also a valuable way to help staff make their money go further.

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Exclusive: Kirklees Council and Leeds City Council shortlisted for Best public sector benefits

Employee Benefits

Judges were looking at steps a public sector employer has taken to implement a successful benefits package or initiative for its employees.