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Monday, 17 August 2015 18:00

Are Voluntary Benefits on the Decline?

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Many employers benefit by adding employee-paid benefits to the mix of what the employer can afford to pay for.  For example, the employer might sponsor and pay a portion of the medical and dental plans, but leave employees to enroll in their own chosen coverage for life insurance, disability coverage, and vision plans.  Fall River helps our employers decide how these voluntary plans best fit into their strategies.

 

A new survey has revealed that employers seem to be less focused on these plans, perhaps because the Affordable Care Act is demanding all the attention these days.  Between the ACA, and the hundreds of new ERISA auditors on the street compliments of the Department of Labor, compliance issues have dominated benefits conversations lately.  Yet, the study shows that employees want more choice in benefits and are willing to spend their own money to get what they want.

 

Check out this article summarizing MetLife’s recent survey, and let us know what you think!

Read 10183 times Last modified on Thursday, 27 August 2015 12:16
Amy Schnicker

Amy Johnston is an Account Manager with extensive experience working with both large and small employers as a broker.  In addition to five years of broker experience prior to joining Fall River, she also brings eight years of insurance carrier expertise.  Amy is an expert on ERISA, the Affordable Care Act, and other compliance issues.

Ms. Johnston received a Bachelor of Arts degree in Communications from Colorado State University. She is a Colorado native from Steamboat Springs, and loves spending time in the mountains with her husband, two children, and Tucker the cocker spaniel. She enjoys snowshoeing, hiking, and philanthropy work to promote education.