Voluntary benefits: How they’ve become a must-have product for brokers
In the first of a three-part series, we explore how voluntary benefits have become an important part of a complete benefit package.
By Scott Wooldridge|June 28, 2018 at 10:32 AM
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Voluntary benefits have become one of the biggest stories in the brokerage world in recent years. With an expanding economy driving demand for workers, employers have needed the flexibility and added coverage that voluntary benefits provide. The growth of Health Savings Accounts (HSAs), with their high deductibles, have also led to voluntary benefit plans that help with gaps in medical insurance coverage.
But another factor has been the growth of enrollment and administrative tools, including online platforms, which have helped make these products easier to manage and understand.
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