Companies offering voluntary accident and disability insurance report reductions in workers’ compensation claims. Brokers working to help new and prospective accounts understand the value of voluntary accident and disability insurance have a new tool in their arsenals: the results of an Aflac survey showing companies that make such coverage available to employees often experience fewer workers’ compensation claims.
Identity theft is an increasingly common problem in today’s world. While it continues to escalate, brokers can find success in offering identity theft protection as a voluntary benefit—both in terms of filling customer needs and in terms of personal financial rewards.
The first night you were out on your own and behind the wheel as a teenager was nerve-wracking for your parents, but guess what … you came home safely and the car was still in mint condition. Employers have become paternalistic in their efforts to control population health. But these days, people are taking control of their own healthy behaviors. And they’re doing it for themselves, not for their boss or HR director. Employers need to learn to “hand over the keys” of wellness to their employees for maximum results, understanding that individuals are ready to handle their own health decisions.
Changes resulting from the ACA will alter the benefits enrollment process in terms of how employers and brokers conduct enrollment and the level and manner of employee participation. Industry experts recently discussed this timely topic during a roundtable discussionclick to read the highlights of that event, sponsored by Guardian and hosted by Employee Benefit Adviser.
A study by SourceMedia Research and Employee Benefits Adviser, in partnership with Unum/Colonial Life, highlights the cause and effect that health care reform under The Patient Protection and Affordable Care Act of 2010 (PPACA) will have on the benefits advisory industry.
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