While the rest of the business world changes, the employee benefits world stays the same. Right?
Wrong! But if you’re stuck with a traditional employee benefits plan, it sure might look that way.
Here are three non-traditional employee coverages – all of which are available right now for businesses with GroupHEALTH plans – that your business may be missing out on.
1. Disability Coverage with DMI Assist
Many employee benefit plans have disability coverage – and that’s it. An employee goes on disability, the coverage kicks in – and the employer is left with rising premiums while the employee is left without return-to-work options. This is where GroupHEALTH’s DMI Assist comes in: experts work with employees to confirm diagnoses and build return-to-work plans, returning the employee to work safely and quickly.
Read more about DMI Assist here.
2. ASI – Next Generation AD&D Coverage
Accidental Death & Dismemberment Coverage is a staple of many employee benefit plans. But basic AD&D coverage doesn’t reflect the realities of the modern work environment. Enter GroupHEALTH’s Accident and Serious Illness coverage. It combines standard Accidental Death & Dismemberment coverage, for protection when unexpected harm occurs, with Critical Illness coverage, where employees receive a lump-sum payment when a covered illness is diagnosed.
Additional information on ASI is available here.
3. Smart Rx Prescription Drug Plans
Rising prescription drug costs are a primary reason why benefit plan costs are increasing faster than the rate of inflation – which is unsustainable for your bottom line. This is where GroupHEALTH’s exclusive Smart Prescription Drug Plans come in handy: we find creative ways to contain your costs, while in some cases actually increase the convenience of receiving medications for employees.
Click to learn more about SmartRx Prescription Drug Plans.