As health care costs continue to rise, so has the demand for voluntary benefits. Since many employers find it increasingly difficult to provide employees with a complete benefit package, voluntary benefits have become an ideal solution. Voluntary benefits allow employers to offer benefits that are attractive to employees without added cost to the company. Employees benefit because they have a variety of insurance options available conveniently in one place, and often with lower premiums than individual policies they would have bought themselves. Also, employees have the advantage of convenient payroll deductions and some of these benefits can be on a pre-tax basis. There are many different plans and options from which to choose.
What are some common voluntary benefits?
- Life insurance/AD&D
- Disability income insurance
- Long–term care insurance
- Dental/Vision insurance
- Accident insurance
- HAS’s and HRA’s
- Cancer insurance
- Critical Illness insurance
- Prepaid legal services
- Pet health insurance
- Identity theft insurance
Contact Susan Brown or Mary Mengason if your business or organization is based in:
- Maryland’s Lower Shore
- Virginia’s Eastern Shore
- Delaware
Contact Terri Charest or Cindy Whaley if your business or organization is based in:
- Maryland’s Upper Shore
- Maryland’s Mid Shore
- Delaware