With the addition of Hodges-Mace's highly configurable technology and high-touch enrollment services, Alight will be able to meet the needs of employers of nearly any size and will strengthen its reach into the growing health and voluntary benefits technology and services market.
According to LIMRA research, the percentage of employers offering voluntary benefits has increased 11% since 2010 and the market grew 3% last year.
U.S. individual life insurance sales are expected to rise 3% to $15.0 billion in 2019, according to LIMRA’s just-released annual predictions report. Growth also expected in technology and workplace retirement savings plans.
Demand for skillfully acquired and implemented analytics, transparent experiences for consumers and mutually beneficial partnerships were all trends that developed in 2018, and are expected to gather more momentum in 2019.
Whether your small business clients currently provide them and are planning next year’s renewal, or are thinking of offering them for the first time, here are five things to consider before Nov. 1 rolls around.
Backed by funding from UnitedHealthcare among others, new company says its pioneering health coverage brings transparency to health care costs and allows addition of coverage throughout the year.
Exempt from ACA requirements and flexible in the way premiums are set, the expansion of AHPs has the potential to impact the lives of a huge number of small business owners and their employees – if carriers respond by rolling out quality products.
Dr. Atul Gawande will lead the yet unnamed new company addressing employee healthcare challenges, which will be based in Boston and operate independently and free from profit-making incentives and constraints.
Dental insurance reclaims the second-most offered benefit spot from retirement savings plans and life insurance leapfrogged vision insurance to claim the fourth spot in the recently released 2017 Health and Workplace Benefits Survey.
New joint study finds a big opportunity to educate consumers, employers and even advisors on the value of using Health Savings Accounts for tax-free asset growth and as a financial hedge against retirement health care costs.