Voluntary benefits coverage and products can be offered to employees for elective purchase. They are 100% employee paid through pretax dollars, which reduces employer payroll taxes. Voluntary Benefits are becoming increasingly popular to both employers and employees. For the most part, the offerings are completed through an insurance carrier.
These products are cost effective and add balance to an employee’s work-life environment. Voluntary products are becoming central to our employer’s benefits strategy.
There are many different kinds of Voluntary products available in today’s market.
- Long-Term Care
- Retiree Medical
- Employee Assistance Programs