Group Supplemental Health & Disability Insurance
A Healthier, More Productive Workforce
With rising healthcare costs, it’s never been more important to offer supplemental benefits. Having access to benefits that can protect their financial future can help employees worry less and get any medical attention they may need.
Accident Insurance
Accident insurance can help employees and their families cover unexpected medical bills when someone is hurt. It complements major medical insurance by providing a benefit that employees can use however they need, whether that’s covering co-pays and deductibles or household bills and expenses.
Hospital Indemnity Insurance
Even with a great major medical plan, out-of-pocket costs from an unexpected hospital stay can add up fast. The way this coverage often works is that for each day an employee is in the hospital (up to specific maximum limits), hospital indemnity insurance pays a cash benefit that can be used to cover anything from medical bills to everyday expenses.
Critical Illness Insurance
The costs of a critical illness can go far beyond the hospital bill. Employees can protect their savings with a benefit to help cover what major medical doesn’t. Critical illness insurance pays a lump-sum cash benefit that can be used to cover expenses such as out-of-pocket medical bills or time lost from work.
Cancer Insurance
Cancer insurance can help employees cope with out-of-pocket expenses following the diagnosis and treatment of cancer. It can help cover costs associated with hospital benefits, surgery, radiation and chemotherapy treatments, and ongoing maintenance therapy.
Short-Term Disability Insurance
Paychecks lost due to an injury, illness, or pregnancy can cause financial hardship. When employees are unable to work, short-term disability insurance can help make ends meet by paying a portion of their salary. That way they can focus on getting better, and worry less about how they’ll pay the bills.
Long-Term Disability Insurance
Long-term disability insurance offers important financial protection from the unexpected. It can provide a steady stream of income to help pay expenses for an employee who is unable to work for an extended period due to an illness or injury. Its features are designed to help employees get back to work.
GAP Insurance
Supplemental Medical Expense (GAP) insurance helps with coverage gaps in major medical insurance and has the flexibility to help meet employers' unique goals and challenges. It helps cover out-of-pocket expenses such as deductibles, co-insurance, and co-pays, so employees don’t dip into savings or increase their credit card debt.
Retiree Medical Insurance
Group retiree medical insurance can help protect employees from high out-of-pocket healthcare expenses and more. If employers are already providing this retiree benefit, carving eligible retirees out of their major medical insurance plan can potentially reduce major medical rates for the remaining employees.
Executive Health Insurance
Top-level employees want a competitive compensation package with an extra edge, and employers want ways to retain top talent essential to their success. Employer-paid executive health insurance can be a premier supplemental health insurance with more benefits at higher limits than traditional supplemental medical expense (GAP) insurance.
32% of U.S. families
Didn't seek medical care when they needed it because of cost.
Other Employee Benefits Solutions
Employees can be even better prepared for the unexpected by electing additional benefits.
Employer-Paid Insurance
Some companies create a more complete employee benefits package by providing employer-paid life insurance, disability, and supplemental health options.
Group Supplemental Life Insurance
Life insurance needs are different for everyone, so having a range of options can help families avoid financial hardship after the passing of a loved one.
Additional Employee Benefits
Companies can also create more comprehensive offerings with additional benefits like student loan repayment, HSAs, and more. The result can be a benefits package that can improve employee recruitment and retention.