HOSPITAL INDEMNITY INSURANCE Stack this protection with other supplemental coverage to better fill gaps By Len Strazewski Early in the COVID-19 pandemic, hospitals became places of horror. Intensive care rooms were filled. Patients were laid out on ventilators and in some cities, refrigerated trucks served as overflow morgues for COVID victims. During this time, patients avoided hospitals for routine needs, such as elective surgery, pre-maternity testing and non-urgent imaging, fearing
Benefits Lead
Supplemental products cross over into retirement Insurer wants to keep valuable seniors under its wing “The addition of the dental, vision and hearing product makes a lot of sense to those individuals who are purchasing Medicare supplements.” —Jeramy Tipton Senior Vice President, Distribution Expansion and Consumer Markets Aflac By Thomas A. McCoy, CLU When workers retire, maybe the protection they receive from their voluntary benefits products doesn’t have to retire with
DEVELOPING A STRATEGY FOR WORK-LIFE BALANCE The pandemic heightened awareness of the value of time By Thomas A. McCoy, CLU A benefits program has traditionally been all about health and money—basically covering an employee’s medical expenses and helping them save for retirement. While fulfilling these needs continues to be the foundation of a benefits plan, employers are devoting increased attention to something more intangible that employees value almost as much:
STOP LOSS INSURANCE Product use grows as smaller employers get on board By Len Strazewski Times are changing and it’s not just the broad fields of politics or economics that are evolving. Thanks to more flexible and accessible stop loss insurance, a broader range of employers—smaller than ever—are saving money by self-insuring employee benefits. And their agents and brokers are the key to matching employers up with new stop
DUSTING OFF THE COBWEBS Now may be the time to rediscover the benefits business By Tony Caldwell In the late 1990s, my insurance agency was looking for an antidote to the seemingly never-ending soft market in property and liability insurance. We also were seeking to broaden our product offerings, increase our client retention, and grow our agency faster. Though a number of options were available, we chose to develop an
