Businesses are faced with many challenges to protect their bottom line, while still seeking to offer a benefits package that will help retain and attract key employees to their organization.
One of the best ways to attract and retain quality employees is to offer a competitive, comprehensive benefits package. Voluntary benefits, also known as worksite benefits, are a cost-effective solution to help employees offset out-of-pocket medical expenses. Voluntary benefits can help employees fill the gaps created by high-deductibles and rising co-pays, providing the financial security they need and deserve.
Even with great health insurance, serious injury or sickness can cause a financial burden to a family. Today, medical bills are the number 1 cause of U.S. bankruptcies. High-deductible insurance plans, requiring consumers to pay more out-of-pocket costs, are a challenge for many households.