Editorial Staff

Unum has unbundled the features of its individual disability insurance so that employers have more flexibility to select options for employees who are not fully protected by their group disability plans.

Proponents of mini-med plans were waiting to exhale until federal regulators showed a willingness to stave off the effect that a key provision of the Patient Protection and Affordable Care Act would have on these voluntary benefits for employees seeking affordable, baseline health insurance coverage.

Two seasoned employee benefit executives recently took a bow, one earning a promotion and the other recognition.

Women bear the brunt of long-term care insurance cost burdens, according to Lisa Wendt, president and CEO of LifeSecure Insurance Company, which provides LTC and post-hospital recovery insurance coverage.

The Employee Benefits Group division of Sun Life Financial Inc. recently launched a campaign called “YOU” to educate and engage employees about their voluntary benefit choices during the latest open-enrollment season.

Critical-illness insurance is flying under the radar relative to other voluntary benefits, but a new MetLife white paper seeks to raise the product’s altitude among plan sponsors by showing how it adds financial protection and outlining steps to obtain the right amount of coverage.

The new Health Care Reform Interactive Timeline has garnered a gold recognition from ASBPE’s prestigious Digital Azbee awards.

One of the nation’s leading group legal plan providers recently acquired a lesser-known player, while a rival firm considered this avenue as one of several strategic moves to enhance shareholder value – proving the adage about strength in numbers may be particularly compelling in this business climate.

Two recent indicators of small-business activity have found that the nation’s economic engine is chugging along with a more optimistic outlook than previously believed – developments that could expand the number of voluntary benefit plan participants.

Humana Inc. recently expanded its digital footprint in the worksite market by launching an interactive, Web-based resource that shows how critical illness, disability and accident coverage offer financial protection in the event of an injury or illness.

Various months are designated throughout the year to educating consumers about the need for a particular insurance product line or service to ease financial burdens.

Dave Cirulis recently was named head of voluntary marketplace strategy for distribution at Lincoln Financial Group, which has spruced up its product portfolio as well as enrollment, service and technology capabilities. He reports directly to Robert Risk, the insurer’s vice president, group protection sales.

In response to a new American Payroll Association survey showing 43% of employees valuing health benefits more important than higher wages, Dan Maddux, the group’s executive director has suggested that employees consider pretax voluntary payroll deductions and flexible spending accounts to ease the sting of rising health care costs and uncertainty about health care reform.

Podcast: Strategic alliances can serve as an inexpensive foothold into the voluntary benefits marketplace for vendors that seek to broaden ...

Long-term care (LTC) insurance is back in the headlines, with several leading insurance carriers seeking rate increases to help offset investment shortfalls in an ultra-low interest rate environment and greater-than-expected plan usage.

Unless the lame-duck Congress acts to extend the Bush-era tax cuts about to expire at the end of 2010, the income tax rates that will take effect Jan. 1, 2011 will return to the rates that were in effect a decade ago. The result: More money will be withheld from paychecks, according to an analyst at the tax publisher CCH.

Sun Life Financial Inc. recently enhanced its emergency travel assistance service for group basic life customers by adding identity theft protection.

Anthem Blue Cross Life and Health Insurance Company recently enhanced its Resource Advisor member-assistance service to include Beneficiary Companion and Identity Theft Victim Recovery Services programs at no additional cost to customers.

One pet peeve of employers, brokers and carriers is that employees don’t spend enough time reviewing their benefit plans during open enrollment.

The boundary between voluntary and employer-paid benefit sales is disappearing in an increasingly competitive climate where more brokers are abandoning territorial patterns, suggests new research from Eastbridge Consulting Group.