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Hospital Indemnity Insurance a Key Voluntary Benefit

InterWest Insurance Services

Fortunately, employers can help by offering their workers voluntary hospital indemnity insurance that can provide peace of mind in case they have a serious medical episode. Hospital indemnity insurance. The worker can use this cash benefit for any purpose, including: Deductibles. How coverage works.

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What is ancillary health insurance?

Higginbotham

Ancillary health insurance is a secondary type of coverage used to supplement your traditional health insurance. The term “ancillary” means “providing additional help or support,” and that’s just what ancillary health insurance does. Types of Ancillary Benefits. Types of Ancillary Benefits.

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Baby Health Insurance Playbook: 5 Steps to Plan for a Newborn

Corporate Synergies

A new father outlines requirements with his Baby Health Insurance Playbook. The same can be said for insuring a new dependent. To plan for newborn healthcare benefits, parents need a baby health insurance playbook. The Baby Health Insurance Playbook isn’t really a book. As Seen In.

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Helping employees understand key benefits terms

PeopleStrategy

Co-insurance: the amount an employee must pay after meeting their deductible; under most plans, this is around 20% of full price. 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.

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Voluntary Benefits Improve Employee Satisfaction and Retention

InterWest Insurance Services

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. cancer insurance) Pet insurance. cancer insurance) Pet insurance.

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What Employee Mental Health Programs Should You Offer?

Genesis HR Solutions

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.

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Managing Employee Healthcare Costs in 2021

Best Money Moves

What the average health insurance premium costs and changes employers are making to health benefits offerings in the new year. Employers are focused on improving employee healthcare by adding virtual or telehealth offerings and including voluntary benefits in 2020, according to research by Mercer.