Best Money Moves

NOVEMBER 4, 2020

Employers are focused on improving employee healthcare by adding virtual or telehealth offerings and including voluntary benefits in 2020, according to research by Mercer. More than 20 percent of employers plan to add voluntary benefits, such as critical illness insurance or a hospital indemnity plan.

Healthcare 111

Healthcare Out of Pocket Cost Voluntary Benefits Management 111

InterWest Insurance Services

JULY 4, 2024

Offer voluntary benefits — Not all voluntary benefits are created equal, and some add more value than others. They include: Accident insurance Critical illness/specified disease insurance, and Hospital indemnity insurance.

Voluntary Benefits 97

Voluntary Benefits Flexible Spending Account Deductions Deductible 97

Best Money Moves

JULY 29, 2020

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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Voluntary Benefits Finance Benefits Package Hospitality 102

Winston Benefits

MARCH 3, 2016

This gap can often be covered with voluntary plans such as critical illness, hospital coverage or accident insurance, but if these options are not communicated correctly and in a timely manner to employees, they may not realize how well these plans fit together. One reason for this may be the coverage gap created by HDHPs.

Voluntary Benefits 45

Voluntary Benefits Deductions Deductible Hospitality 45

Flimp Communications

AUGUST 17, 2020

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.

Voluntary Benefits 93

Voluntary Benefits Education Benefits Package Medical 93

Employee Benefits

AUGUST 28, 2024

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.

Voluntary Benefits 59

Voluntary Benefits Parental Leave Hospitality IT 59

Griffin Benefits

MARCH 16, 2022

For instance, many benefits plans have employee assistance programs (EAPs) with financial wellness resources that cover legal services and caregiving services that can help alleviate financial stress. The pieces that comprise healthcare and retirement plans, voluntary benefits, and EAPs are connected.

Flexible Spending Account 89

Flexible Spending Account Retirement Plan Health Savings Account Voluntary Benefits 89

PeopleStrategy

JULY 8, 2019

Co-pay: the fixed cost an employee must pay for each visit to a medical doctor or mental health professional’s office, urgent-care center or hospital emergency room. Co-insurance: the amount an employee must pay after meeting their deductible; under most plans, this is around 20% of full price.

Health Savings Account 82

Health Savings Account Deductions Deductible Healthcare 82

Flimp Communications

SEPTEMBER 11, 2020

Some of what might need to change is how you communicate workplace benefits , especially with open enrollment around the corner. Do you offer voluntary benefits like EAPs or hospital-indemnity coverage where you can provide additional education to workers?

Work From Home 94

Work From Home Voluntary Benefits PTO Hospitality 94

Employee Benefits

JUNE 15, 2023

This could include introducing support to help employees through the cost-of-living crisis, offering financial wellbeing initiatives, adapting benefits to meet the needs of a flexible or hybrid-working model, and introducing health and wellbeing initiatives.

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Voluntary Benefits Hospitality Entertainment Transportation 52

Employee Benefits

APRIL 10, 2024

But, with many sectors experiencing difficulties recruiting, employers are looking to broader benefits packages to attract and motivate the right people. Alongside the pandemic, Brexit has made it tougher to recruit seasonal workers, especially in sectors such as agriculture and hospitality. A bit of creative thinking can help too.

Benefits Package 59

Benefits Package Retail Hospitality Manufacturing 59

Corporate Synergies

FEBRUARY 11, 2019

In addition to these benefits, employees may also want to consider a hospital indemnity plan, which provides a cash payment for every day of hospitalization. In addition to getting a baby covered and filing provider claims, new parents should review all hospital and medical bills to ensure they’re accurate.

Health Insurance 47

Health Insurance Insurance Insurance Carriers Out of Pocket Cost 47

Higginbotham

MAY 4, 2023

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.

Life Insurance 52

Life Insurance Benefits Package Insurance Employee Benefits 52

Winston Benefits

OCTOBER 25, 2017

For 2017, 92 percent of employees enrolled in benefits programs, with voluntary benefit 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. This level of engagement gets results.

Manufacturing 45

Manufacturing Food Technology Employee Enrollments 45

Higginbotham

JANUARY 4, 2022

Often referred to as “ancillary benefits,” ancillary insurance can include coverage for miscellaneous medical expenses incurred during a hospitalization that may not be covered by your group health insurance. Types of Ancillary Benefits.

Health Insurance 52

Health Insurance Insurance Disability Insurance Life Insurance 52

Winston Benefits

MAY 3, 2016

May is Critical Care Awareness Month, which makes it a good time to look into health care coverage that can help mitigate large hospital bills for certain health issues. It’s harder, though, to quantify exactly how much that emergency or illness might cost, which makes it difficult to prepare for it.

Insurance 45

Insurance Hospitality Voluntary Benefits IT 45

Genesis HR Solutions

JUNE 29, 2023

Some basic benefits you can offer to help alleviate employee stress are: competitive pay, ample time off, breaks, mental health insurance coverage, supportive and inclusive working environments, opportunities to connect, and mentorships.

Voluntary Benefits 52

Voluntary Benefits Insurance Health Insurance Hospitality 52

Winston Benefits

NOVEMBER 18, 2019

Disease management centers exist at the intersection of hospitalization and clinical care. Employees at your disease management organization deserve … Continue reading "Best Benefits for Disease Management Centers". They serve a vital function in health care by assisting the patients who need it most.

Management 40

Management Hospitality Voluntary Benefits IT 40

Flimp Communications

SEPTEMBER 11, 2020

Some of what might need to change is how you communicate workplace benefits , especially with open enrollment around the corner. Do you offer voluntary benefits like EAPs or hospital-indemnity coverage where you can provide additional education to workers?

Work From Home 40

Work From Home Voluntary Benefits PTO Hospitality 40

InterWest Insurance Services

MARCH 1, 2024

As a result, many employers are increasingly turning to voluntary employee benefits, which allow them to provide valued, high-demand benefits to employees at little or no cost to the company. Voluntary benefits have been becoming more popular among employers in recent years as unemployment falls.

Voluntary Benefits 98

Voluntary Benefits Disability Insurance Deductions Deductible 98

Winston Benefits

DECEMBER 11, 2017

Here are the most popular posts from this year, as well as related articles that can help you round out your approach to employee benefits. Benefits in Hospitality. Rising turnover has been a major concern for hospitality employers in the past few years, and competition for workers is fierce amid low overall unemployment.

Hospitality 45

Hospitality Voluntary Benefits Manufacturing Benefits Package 45

Employee Benefits

MAY 24, 2024

The top 10 most read articles between 17 – 23 May 2024 on employeebenefits.co.uk

Voluntary Benefits 59

Voluntary Benefits Pension Hospitality Banking 59

Corporate Synergies

JUNE 24, 2019

Corporate Synergies’ subject matter experts presented their benefits compliance, voluntary benefits and employee engagement insights at their SparkHR forum earlier this month in New York City. This is the Voluntary Benefit Clients are Clamoring for”. The media was there too. See the highlights….

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Media Voluntary Benefits Health and Welfare Finance 43