Insulate and protect
Sealing the gaps with voluntary benefits
Voluntary benefits can offer a great way to round out your health benefit plans, at no additional company cost. They also provide employees access to insurance that can provide financial payout when they may need it most, reducing the risk of excessive out-of-pocket costs with an added financial cushion.
Voluntary benefits offer many cost-containment solutions:
- Helps protect the financial gap — Covers injuries or illnesses that may be subject to significant employee cost-sharing requirements under medical plans including HDHPs, and can create peace of mind for employees by offering financial assistance if the unexpected occurs, such as an illness, disability or accident.
- Lowers employee’s out-of-pocket healthcare expenses and builds a more robust benefit plan for employers — Acts as supplemental insurance for critical illnesses, disabilities and accidents. It can also offer the ability for employees to gain access to long-term care benefits, as well as health and wellness options.
- Provides communication — Helps raise awareness and increase engagement by delivering the opportunity to speak with employees one-on-one, which can help simplify benefits and determine the best available options. Other employer-sponsored programs can be effectively communicated during one-on-one enrollments as well. Learn more.
Product structure
Creating a more solid benefit plan, can easily be arranged with the inclusion of voluntary products. With Trustmark, employees would have access to: