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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.
For 2017, 92 percent of employeesenrolled in benefits programs, with voluntarybenefit participation rising markedly. Accident insurance enrollment went up more than 20 percent; critical illness insurance enrollment rose more than 28 percent and hospital indemnity jumped 58 percent.
As a result, many employers are increasingly turning to voluntaryemployeebenefits, which allow them to provide valued, high-demand benefits to employees at little or no cost to the company. Voluntarybenefits have been becoming more popular among employers in recent years as unemployment falls.
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