Worksite benefits help bridge the gap between major medical coverage and out-of-pocket expenses.
Serious illnesses or unexpected accidents can create significant financial strain for employees and their families. While major medical insurance covers many healthcare expenses, employees may still face deductibles, copays, and other out-of-pocket costs.
When faced with a severe illness and the accompanying medical costs, supplemental insurance can help relieve the financial burden so employees can focus on recovering their health. These benefits can be offered on a voluntary basis or as an employer-paid benefit, depending on the organization’s goals and benefit strategy.
Common Worksite Benefit Options
- Cancer Insurance
- Critical Illness Coverage
- Accident Insurance
- Hospital Indemnity Plans
Key Points to Consider
- Often employee-selected and employee-paid, allowing employers to expand benefit offerings with little or no additional cost
- Gives employees access to individual coverage at group rates
- Frequently offered through pre-tax payroll deductions under a Section 125 plan
- Coverage is often portable if employees leave employment or retire
- Many plans are available on a guarantee issue basis
Trending Benefits Include:
Telehealth
Employee Assistance Programs (EAP)
Mental Health Support
Financial Wellness Programs
Employee Wellness Programs
Identity Protection
Emergency Medical Services
Pet Insurance
Accident Insurance
Critical Illness Coverage
To learn more about our coverage, call 903-793-3034 now.