There are a few basic truths underlying the popularity of voluntary benefits; affordability is one of them, along with understandability and processing ease. For an employee, voluntary plans are easy to apply for, to qualify for, and to pay for. For an employer, there is little work beyond allowing enrollment and handling the payroll deduction process.

However, for various reasons, HR benefits managers may have the mistaken belief that voluntary benefit plans are expensive—possibly dating back to pricier products that have been sold in the past. This happened to us recently. One of our brokers passed along a message from an HR benefits manager who asserted their employees making $12 to $15 an hour “should not be offered voluntary benefits because they cannot afford them.” This was the reason given for not allowing some eligible employees to attend our group meetings. Meanwhile, the employer had no life or disability plan for these employees.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events.
  • Access to other award-winning ALM websites including and

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including and
  • Exclusive discounts on and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.