article thumbnail

Voluntary benefits: A guide for your first-time enrollees

WEX Inc.

When it comes to navigating the world of employee benefits, there's a lot to take in, especially if you're a first-timer. Among the suite of benefits you’re likely to be offered, voluntary benefits are often misunderstood. Check out our other first-timer series blog posts on health plans and employee benefits.

article thumbnail

Making Your Voluntary Benefits Program a Success

InterWest Insurance Services

Both employers and employees have much to gain from a solid voluntary benefits program. For employers, offering a range of voluntary insurance products can help increase employee satisfaction – along with loyalty and morale – and make the business more competitive in attracting and retaining the best talent.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Higginbotham

What is supplemental life insurance? It’s a type of life insurance policy that’s often available through work and provides additional coverage. What is supplemental life insurance? Supplemental life insurance fills in coverage gaps and provides additional life insurance coverage.

article thumbnail

Four High Deductible Health Plan Mistakes to Avoid

InterWest Insurance Services

As health insurance costs have risen, more employers have started offering their employees this option as the upfront premiums are often lower than with other plans. HSAs are tax-advantaged accounts that allow enrollees to save up to pay qualified medical expenses. Then their insurance would cover everything at 100%.

article thumbnail

Aster Group ensures its benefits align with employees’ needs

Employee Benefits

.” The organisation’s benefits offering is flexible and defined by three key themes: health, wealth and lifestyle. It provides access to a healthcare cash plan , an employee assistance programme and life insurance for up to three people.

article thumbnail

3 Things American Employers Need to Know About Managing Global Benefits

Griffin Benefits

Here are three things that you need to know about offering benefits abroad: Benefit expenses are often lower outside the U.S. Private medical, dental, and life insurance averages less than $1,500 (U.S.) For voluntary benefits, focus on the basics. annually per employee in Mexico.1

article thumbnail

Four Ways to Ensure Your Group HDHP Will Fail

InterWest Insurance Services

As health insurance costs have risen, more employers have started offering their employees this option as the upfront premiums are often lower than with other plans. HSAs are tax-advantaged accounts that allow enrollees to save up to pay qualified medical expenses. Then their insurance would cover everything at 100%.