Worksite Benefits Archives

Difference Between Hospital Indemnity and Accident Insurance?

October 26, 2021/in MEC, Voluntary Benefits, Worksite Benefits

Navigating insurance policies can be challenging for anyone. There isn’t a way to predict the future, so how can you know what you will need? There are so many options available, how can you decide?
Voluntary benefits can help supplement insurance policies that may not cover all of your employees’ needs. There are many options when it comes to voluntary benefits with a few differences. What’s the difference between hospital indemnity policies and accident insurance? Here’s a breakdown.

Why You Should Offer Voluntary Benefits Plans

September 12, 2021/in MEC, Voluntary Benefits, Worksite Benefits

Voluntary benefits are referred to as employee-paid benefits or supplemental insurance. They are benefits offered by employers to their employees at no additional cost to the employer. The employees pay the full cost of the plan, but it’s made available to them through their employer.

Hospital Indemnity Policies: What You Need to Know

June 6, 2021/in MEC, Voluntary Benefits, Worksite Benefits

Health insurance is hardly a one size fits all industry. Different people need and want different coverage based on their lifestyle and what they can afford.

Voluntary Benefits: A Complete Guide

May 23, 2021/in ACA Compliance, COVID-19, Employee Retention, Healthy Living, MEC, Voluntary Benefits, Worksite Benefits

Voluntary benefits are often offered as an option by employers to their employees. This health coverage option exists at no cost to employers and is therefore often a no-brainer option to offer employees. We’re sharing everything you need to know about voluntary benefits in our guide.

What is the Difference Between mHealth, eHealth, Telehealth, and Telemedicine?

March 28, 2021/in ACA Compliance, Healthy Living, MEC, Telehealth, Voluntary Benefits, Worksite Benefits

The digital health world has seen massive growth over the last year. It’s important to understand what various virtual healthcare terms mean. eHealth, mHealth, telehealth, and telemedicine are used to describe the use of mobile and desktop technology for patient management. These terms are used interchangeably at times, however they each represent a different aspect of technology and healthcare.

How Can You Add Value to Your Existing Benefits Plans?

March 14, 2021/in ACA Compliance, MEC, Voluntary Benefits, Worksite Benefits

Benefit plans serve as a great way to provide value to employees beyond their salary. Because benefits are becoming increasingly important, it’s important that you give your employees the option to tailor their benefits to their needs. At SBMA, we believe in meeting your employee’s medical needs with additional benefit options. We offer our clients the option to choose various voluntary/worksite, ancillary, and virtual health benefit options.

How Do Benefits Improve Employee Morale?

March 7, 2021/in Employee Engagement, Employee Retention, Healthy Living, MEC, Personal, Voluntary Benefits, Worksite Benefits

Sixty percent of employees rated benefits as a very important contributor to job satisfaction. With that many employees placing value on employee benefits, it’s important that you, as an employer, ensure your benefits are set up and attract and retain the best employees. According to Career Builder, only 49% of employees are satisfied with their current benefits, which means you have the opportunity to make your benefits even better to appeal to 51% of your employees!

How Voluntary and Worksite Benefits Can Help Employee Retention

February 7, 2021/in Employee Retention, Voluntary Benefits, Worksite Benefits

Attracting and retaining the best employees is likely of the utmost importance to you and your business. There are many ways to show your employees you care. One of the most effective ways is through offering voluntary benefits as part of your health insurance plans.

Voluntary Benefits – Why Should You Offer Them?

January 24, 2021/in ACA Compliance, COVID-19, Employee Engagement, Employee Retention, Healthy Living, Personal, Voluntary Benefits, Worksite Benefits

Voluntary benefits, also known as worksite benefits, are an effective way to attract and retain the top employees with little to no effect on your bottom-line. These benefits are a great way to fill the void of coverage that traditional benefits don’t cover. What most employees and employers don’t realize is the effect that voluntary benefits offer to both parties.

Why Invest in Health Insurance for Your Employees?

January 10, 2021/in ACA Compliance, Employee Engagement, Employee Retention, Voluntary Benefits, Worksite Benefits

Investing in health insurance for your employees is essential to ensuring a happy and healthy workforce. Navigating employee benefits that your employees actually want, can be a challenge. Not to mention the various requirements necessary for employers with 50 or more employees. So, why should you invest in health insurance for employees?

Difference Between Hospital Indemnity and Accident Insurance?

Why You Should Offer Voluntary Benefits Plans

Hospital Indemnity Policies: What You Need to Know

Voluntary Benefits: A Complete Guide

What is the Difference Between mHealth, eHealth, Telehealth, and Telemedicine?

How Can You Add Value to Your Existing Benefits Plans?

How Do Benefits Improve Employee Morale?

How Voluntary and Worksite Benefits Can Help Employee Retention

Voluntary Benefits – Why Should You Offer Them?

Why Invest in Health Insurance for Your Employees?

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