InterWest Insurance Services

JULY 18, 2024

Sales of voluntary group benefits grew at a record pace in 2023 as more employers expand their offerings and demand continues booming as employees seek out benefits that can defray costs, according to new research. Premiums collected for employer-sponsored voluntary benefits jumped 6.7% Accident insurance rose 4%.

Voluntary Benefits 97

Voluntary Benefits Hospitality Health Insurance Deductible 97

InterWest Insurance Services

DECEMBER 28, 2021

Hospital indemnity coverage is generally offered as part of a voluntary benefits package, and often at little or no cost to the employer. We can help you customize your voluntary benefits package and coordinate it with your existing group medical offering. even for people with health insurance.

Voluntary Benefits 98

Voluntary Benefits Hospitality Insurance Out of Pocket Cost 98

InterWest Insurance Services

OCTOBER 31, 2024

A solution One solution is to offer voluntary benefits to workers. These include a menu of benefits, such as: Group life insurance Group disability insurance Long-term care insurance Critical illness coverage Often many of these benefits can be offered at little or no cost to the employer.

Disability Insurance 98

Disability Insurance Life Insurance Deductible Deductions 98

Flimp Communications

DECEMBER 5, 2024

Your pre-open enrollment messaging might include topics such as: Changes to your company’s health plans for 2026 New options for voluntary benefits How to discuss healthcare needs with family members Assessing your healthcare usage Plan Your Year-Round HR Comms Strategy With a Free 12-Month Calendar Five months down, seven more to go.

Healthcare 105

Healthcare Taxes Voluntary Benefits PTO 105

Achievers

FEBRUARY 2, 2021

The list of benefits in this category began fairly simply with things like dental insurance and life insurance options. Today, the list of voluntary benefits has grown significantly to include things like reward programs, unlimited vacation time, and flexible work schedules. Why are employee benefits important?

Employee Benefits 238

Employee Benefits Family and Medical Leave Act Employee Recognition Voluntary Benefits 238

WEX Inc.

NOVEMBER 6, 2024

The information in this blog post is for educational purposes only. WEX receives compensation from some of the merchants identified in its blog posts. It is not legal or tax advice. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers.

Voluntary Benefits 52

Voluntary Benefits Taxes Education Consulting 52

InterWest Insurance Services

OCTOBER 17, 2024

The main driver in workers prioritizing benefits is the rapidly rising cost of group health insurance premiums and out-of-pocket costs, according to the study by Voya Financial. 51% said that high health care costs were having a major or significant impact on their ability to save for retirement.

Out of Pocket Cost 98

Out of Pocket Cost Voluntary Benefits Health Insurance Health Savings Account 98

WEX Inc.

SEPTEMBER 25, 2023

Benefits are also not top of mind for many employees. Employees are often more focused on frequently used benefits such as vacation and paid off policies (PTO) rather than insurance, voluntary benefits and retirement plans. However, they’re most likely not communicated any differently than other benefit offerings.

Voluntary Benefits 98

Voluntary Benefits Health Savings Account PTO Retirement Plan 98

InterWest Insurance Services

MARCH 14, 2024

Because of this, employers have to be crafty in how they set up their benefits packages so that they address these various needs. But don’t fret, getting something that everyone likes into your package is not too expensive, particularly if you are offering voluntary benefits to which you may or may not contribute as an employer.

Voluntary Benefits 98

Voluntary Benefits Benefits Package Insurance Health Insurance 98

InterWest Insurance Services

JUNE 2, 2022

Employers nationwide are looking for ways to attract and retain talent and differentiate themselves from competing employers, and many are looking to the two most popular voluntary benefits: employee dental and vision plans. That’s important in today’s tight job market.

Health 98

Health Voluntary Benefits Disability Insurance Deductible 98

InterWest Insurance Services

JANUARY 17, 2023

EAPs are voluntary, work-based programs that offer free and confidential assessments, short-term counseling, referrals and follow-up services to employees who have personal and/or work-related problems. You can use the following list as a general guidepost if you are considering adding voluntary benefits to your employee offerings.

401(k) 98

401(k) Health Insurance Insurance Voluntary Benefits 98

InterWest Insurance Services

JULY 4, 2024

You can tailor your employee benefits educational sessions to each generation. Offer voluntary benefits — Not all voluntary benefits are created equal, and some add more value than others. Make sure not to overgeneralize, as there are instances when a younger person should be in an HMO or PPO.

Voluntary Benefits 97

Voluntary Benefits Flexible Spending Account Deductible Deductions 97

InterWest Insurance Services

FEBRUARY 20, 2024

Not offering supplementary benefits Employee behavior and lifestyle are significant factors in health status and can have a huge impact on the cost of health care. Other voluntary benefits like critical illness insurance can fill in the gaps when employees have a high deductible.

Deductible 98

Deductible Deductions Out of Pocket Cost Health Savings Account 98

WEX Inc.

APRIL 4, 2023

Personalized benefits guidance If your employees make poor benefits decisions, it could lead to significant financial costs for your company. A ben admin provider that prioritizes benefits education should offer personalized benefits guidance, from medical plan selection and HSA contribution to voluntary benefits and others.

Voluntary Benefits 98

Voluntary Benefits Taxes Education Consulting 98

InterWest Insurance Services

JANUARY 18, 2024

Not offering supplementary benefits Employee behavior and lifestyle are significant factors in health status and can have a huge impact on the cost of health care. Other voluntary benefits like critical illness insurance can fill in the gaps when employees have a high deductible.

Out of Pocket Cost 83

Out of Pocket Cost Deductible Deductions Voluntary Benefits 83

InterWest Insurance Services

MARCH 22, 2022

Options can include: Health insurance, Voluntary benefits premiums (like vision and dental), Life insurance, 401(k), and. Besides the fact that your employees use money that hasn’t been taxed to pay for these benefits, the payroll deductions for them also reduce their taxable income while raising take-home pay.

Flexible Spending Account 96

Flexible Spending Account 401(k) Flexible Spending Deductible 96

InterWest Insurance Services

APRIL 27, 2023

In those cases, Ease CEO and co-founder David Reid recommends pairing an HDHP plan with other voluntary benefit plans that can “insure” gaps in coverage, such as short-term disability plans and group supplemental health insurance plans called Gap plans.

Health Insurance 98

Health Insurance Insurance Out of Pocket Cost Deductible 98

InterWest Insurance Services

JULY 25, 2024

One last thing… Finally, you should consider offering your workers a package of other voluntary benefits that will help fill any gaps in their main health coverage. The total is how much they would have to pay overall if they suffered a medical crisis.

Deductible 98

Deductible Deductions Voluntary Benefits Medical 98

eni

OCTOBER 22, 2018

While employee benefits can vary dramatically by workforce location, size and industry, some benefits are quickly becoming more common in competitive industries. From voluntary benefits to culturally-integrated programs, future Total Rewards Packages will be a top talent attraction tool.

Voluntary Benefits 67

Voluntary Benefits Life Insurance Comprehensive Benefits Healthcare 67

InterWest Insurance Services

JANUARY 12, 2024

As these apps improve and become more widespread, it’s likely your employees will encounter them when they use their group benefits, or they will be among your voluntary benefit offerings.

Employment 95

Employment Voluntary Benefits Commissions Benefits Package 95

InterWest Insurance Services

OCTOBER 12, 2023

The takeaway Having a diabetes wellness program among your voluntary benefit offerings can help your employees avoid diabetes or manage it if they already have the disease. Those who have pre-diabetes can attend YMCA-led diabetes prevention programs either at work or in the community.

Transportation 98

Transportation Health Insurance Voluntary Benefits Pension 98

InterWest Insurance Services

FEBRUARY 9, 2023

Other options In addition to the traditional disability policies, there are several options that you can also offer as part of the voluntary benefit package: Additional purchase options: The insurer gives your employees the right to buy additional insurance at a later time.

Disability Insurance 90

Disability Insurance Voluntary Benefits Insurance Health Insurance 90

InterWest Insurance Services

SEPTEMBER 27, 2023

This is especially true if you are making changes to cost-sharing, introducing new plans, or offer voluntary benefits, a wellness plan or health savings account or flexible spending account. Communicate effectively Your task is to get employees out of cruise control and truly assess all of their options.

Out of Pocket Cost 93

Out of Pocket Cost Flexible Spending Account Health Savings Account Health Insurance 93

PeopleStrategy

JULY 8, 2019

Ancillary benefits : these types of benefits are in addition to standard health coverage, and can include dental, vision care, life insurance and short- or long-term disability coverage.

Health Savings Account 82

Health Savings Account Deductible Deductions Healthcare 82

WEX Inc.

MAY 8, 2024

Finally, continuous support is essential throughout the year to ensure employees understand and optimize their benefits. Voluntary benefits have been trending, offering employees greater control over their benefits package. The information in this blog post is for educational purposes only.

Health Savings Account 52

Health Savings Account Benefits Package Healthcare Voluntary Benefits 52

WEX Inc.

MARCH 30, 2023

At Aminalso , a blog for pet-care, they created uniforms for their pets to match their owners, saying that they are an extension of them, and morale and productivity improved with a pet friendly workplace. Subscribe to our blog by submitting your email address in the form on the right side. It is not legal or tax advice.

Voluntary Benefits 52

Voluntary Benefits Taxes Recruitment Deductible 52

Corporate Synergies

JANUARY 2, 2019

Voluntary Benefits for the Multi-Generational Workforce, the first of a series of deep-dive, interactive SmartGuides. The company is also entering its second year as a publisher of the proprietary HealthDiscovery.org wellness and benefits literacy blog, which is directed at benefit plan participants.

Education 40

Education Health and Welfare Voluntary Benefits Employment 40

Winston Benefits

DECEMBER 11, 2017

Employers had to stay on top of employee benefit trends this year to deal with competition for workers, and several topics stood out for people visiting our blog. Employee Benefits and Retention. While you can’t expect employees to stick around forever, there are ways to extend their time with you.

Hospitality 45

Hospitality Voluntary Benefits Manufacturing Benefits Package 45

PeopleStrategy

DECEMBER 27, 2018

From the status of healthcare as a hot-button political issue to rising medical costs, health benefits stay top of mind for most Americans. According to Benefits Pro, the growing desire for voluntary benefits plans exemplifies this trend.

Voluntary Benefits 40

Voluntary Benefits Benefits Package Medical Healthcare 40

Winston Benefits

DECEMBER 20, 2016

While looking at the benefits trends of the past year, we noticed a few topics stood out for people visiting our blog. One of the most popular topics every year is outsourcing, and 5 Advantages of Outsourcing Benefits Administration from 2012 is a perennial favorite.

Employee Benefits 49

Employee Benefits Health Insurance Insurance Voluntary Benefits 49

Empuls

FEBRUARY 26, 2024

From well-being to flexibility, continuous learning to personalized perks, let's understand the game-changing employee benefits trends that will take lead in the near future.   These benefits go beyond traditional offerings and allow employees to tailor their perks based on their individual lifestyles and priorities.

Employee Benefits 40

Employee Benefits Financial Counseling Healthcare Benefits Package 40

Corporate Synergies

JULY 29, 2019

HealthDiscovery.org , our employee-focused healthcare and benefits consumerism blog, offers four resources that Millennials (and workers of any age) can tap into for help. Unfortunately, statistics show that young adults hesitate to seek treatment; millennial mental health is taking the shape of a crisis.

Healthcare 40

Healthcare Voluntary Benefits Management 40

Empuls

SEPTEMBER 28, 2023

Employee benefits in the UK have emerged as the silent game-changer, influencing recruitment, retention, and overall workplace satisfaction. Wondering what kind of benefits are offered to employees in the UK? Not all benefits can be fit into a company budget no matter how much a company wants to do its best for their employees.

Employee Benefits 40

Employee Benefits Pension Mandatory Benefits Benefits Package 40

Empuls

MAY 24, 2024

  In this blog, we will delve into the meaning, types, examples and process to building a positive company culture that empowers employees, promotes collaboration, and cultivates a sense of belonging and purpose within the workplace. Lifestyle benefits – Helps employees meet important life goals with voluntary benefits.  

Health 40

Health Voluntary Benefits Retail Management 40