From the September 2006 issue of Benefits Selling Magazine • Subscribe!

Identity theft protection improves employee benefits

AS EMPLOYERS STRIVE to broaden their benefit portfolios, demand is growing for benefits that go beyond traditional health and dental discount programs. Employees are increasingly calling for help in the areas of identity theft protection and legal protection.

According to the Federal Trade Commission, identity theft is one of the fastest growing and most personally devastating non-violent crimes in the United States. Meanwhile, when it comes to legal matters, studies show that taking time away from work to resolve legal issues is a leading cause of costly employee work absences.

Among the cost-effective options available for employees through Benefit Solutions by GE are identity theft protection and legal assistance benefit programs. GE's identity theft protection helps employees guard against the risk of fraud, while GE's legal assistance benefit programs give employees peace of mind and help businesses combat a leading cause of absenteeism and employee stress.

In a study conducted for GE, 55 percent of employers were "significantly interested" in GE's legal assistance benefit program for employees. Of those, 81 percent considered the plan to be "comprehensive."

Benefit Solutions by GE provides a portfolio of non-insurance health discount options that can be incorporated separately or as a group, including dental, vision, prescription, legal and supplemental options. Employers are able to select the benefits that best suit their businesses while providing employees on-the-spot savings.

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