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Addressing Employee Financial Wellness in an Era of Extreme Financial Stress

Griffin Benefits

As a result, many employers realize that a myopic focus on core benefits like health, dental, and vision shortchanges employees. 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.

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What is ancillary health insurance?

Higginbotham

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. Types of Ancillary Benefits. Vision Insurance. Benefits to Employees.

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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. Voluntary benefits have been becoming more popular among employers in recent years as unemployment falls.

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Helping employees understand key benefits terms

PeopleStrategy

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

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How Does an Employee Benefits Survey Help a Company Grow?

Vantage Circle

What aspects of our health benefits are most frustrating or confusing? Coverage: How adequately do our health insurance plans cover your needs related to doctors’ visits, prescriptions, dental, vision, etc.? Are there any frequent healthcare expenses you pay mostly out-of-pocket?

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2017 Year in Review: Most Popular Benefits Topics

Winston Benefits

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.