Voluntary

AlwaysCare Benefits, Inc. recently noted that it achieved a major business milestone: signing up more than 500,000 employees and dependents for group dental, vision, life, disability, critical illness and accident benefit plans.

The Patient Protection and Affordable Care Act has triggered considerable angst about the fate of group health insurance coverage since its passage, but recent research suggests that it’s not expected to affect non-medical benefits.

Voluntary products were a key ingredient of employee benefit packages last year in the face of challenging times, with sales figures revealing a compelling story.

Last April, Eastbridge Consulting Group examined the interchangeability of key phrases describing “voluntary” benefits and the “worksite” market.

Employee Benefit News is soliciting short articles from benefits professionals on best practices related to open enrollment and voluntary benefits. Articles selected by the editors will appear in EBN’s June 1 issue or on the Web site.

Aflac Dental policyholders have a reason to smile. The carrier’s new voluntary dental insurance plan now offers multiple levels of coverage and more generous benefits that include higher annual maximums and better orthodontic coverage.

Younger generations aren’t very familiar with critical illness insurance, but challenging times appear to be spiking their interest in other workplace benefits, according to two sets of jointly conducted surveys.

After seeing enrollment in its medical plans gradually dwindle to less than 2% of total group membership, the Guardian Life Insurance Company of America will shutter this product line and instead focus on dental, disability, life, critical illness and disability offerings.

Critics of the Patient Protection and Affordable Care Act (PPACA) once warned that the law would decimate mini-med plans – that is, until the U.S. Health and Human Services Department (HHS) issued regulatory guidance.

Employers are expected to invest more money to protect personal information in response to increased government regulation and enforcement and to stem the rising tide of risk, according to a new report released by Ernst & Young.