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5 voluntary benefits plan design tips

WEX Inc.

Did you know employers can enhance their benefits offerings by incorporating voluntary benefits? But what exactly are voluntary benefits, and how can employers design an effective plan? And don’t forget to check out our Benefits Buzz podcast episode below. What are voluntary benefits?

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What are voluntary benefits?

WEX Inc.

Voluntary benefits give employees the opportunity to further customize their benefits package to meet their personal needs. And they serve as an excellent cost-effective recruitment and retention tool for employers as they look for ways to improve their benefits offerings. Why are some examples of voluntary benefits?

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Dental and Vision Benefits Are Inexpensive, and a Big Hit with Workers

InterWest Insurance Services

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. For many years, dental and vision plans were employer-paid. Background. Appeal to workers.

Health 98
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Importance of Employee Benefit Package And Why it Matters

HR Digest

Health insurance Those benefits provide a baseline of employee expectations. Besides these core benefits, there are many perks and fringe benefits a company can offer to round out the benefits package. Health insurance 2. Dental or vision insurance 4. Retiree health insurance 6.

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Hub International

HR Lineup

With a presence in North America, Europe, and Asia, Hub International offers a comprehensive suite of employee benefits solutions that can be tailored to meet the unique needs of your organization. In the realm of employee benefits, Hub International provides businesses with a range of insurance products to help protect their employees.

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What is a benefits broker and how can they simplify employee benefits?

Higginbotham

These services could include: Plan Design and Customization: One of the core functions of a benefits broker is to help design and customize benefits plans that fit the unique needs of an organization and its employees.

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What is ancillary health insurance?

Higginbotham

Ancillary benefits can also include benefits outside your medical insurance, such as dental, vision, life and disability insurance. Types of Ancillary Benefits. There are two main types of ancillary health insurance: voluntary benefits and employer contributory benefits.