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Voluntary Benefits Minimize

Voluntary Benefits

The Fastest Growing Area in the Industry Today

In addition to group medical and ancillary benefits, Northwestern Benefit Corporation of Georgia offers group voluntary benefits. Our Voluntary Benefits Specialist, Megan Becker, works directly with you to determine the best voluntary products for your workforce. Megan will provide custom solutions that include effective employee communications and enrollment strategies to meet your workforce demands. Northwestern Benefit Corporation works from a "needs" based approach vs. a "product" based approach. Our recommendations are designed to complement the existing group benefits, streamline products and help enhance the value of the overall benefit package. 

Why offer Voluntary Benefits

Voluntary Benefits play a significant role in today's competitive environment to recruit and retain employees. Companies are learning that with little or no expense they can "boost" their group benefit plan by offering Voluntary Benefits. Voluntary Benefits provide employees with additional options to build a financial safety net and protect themselves and dependents. Products help buffer the financial impact that can follow illness, an accident or even death. Often times these products make it possible for individuals who would otherwise be uninsurable to access coverage. Employers today are using Voluntary Benefits to:

  • Attract and retain critical talent
  • Increase employee morale and motivate their work force
  • Provide additional benefits to employees at no cost to the employer
  • Meet the various needs of a diverse workforce
  • Educate employees and communicate the value of existing group benefits
  • Help employees offset increased cost of medical plans and out of pocket exposure
  • Provide an opportunity to access a broader array of benefits

Products

Through work-site enrollment, employees have the option to purchase Voluntary Benefits at group rates that are significantly lower than individually-purchased Voluntary Products. Premium payments through a payroll deduction process eliminate the employee's worry of making premium payments on time. 

Voluntary Benefits are individually owned and paid for by the employee, completely portable and guaranteed renewable. Products include but are not limited to:

  • Accident Coverage
  • Critical Illness
  • Cancer
  • Limited Medical Plans
  • Long Term Care
  • Medical Bridge Plans
  • Short Term Disability
  • Term Life
  • Universal Life
  • Whole Life

Bi-Products

Voluntary Benefits not only provide additional products to enhance an overall benefits package, but they also bring added value to the employer. Through our partnerships with Carriers and Enrollment Firms, Northwestern Benefit Corporation can bring solutions in the following areas by offering voluntary benefits:

  • Face to face enrollment sessions allows for enhanced benefit education, help capture beneficiary information, capture CMS compliancy data, communicate corporate initiatives
  • Online enrollment for both voluntary and the group benefits (major medical, disability, 401K, etc)
  • Benefit Statements enhance employee education and perception of employer benefit offerings
  • Dependant Audits save employers an average of 3-6% on their healthcare cost
  • Customized benefit communication booklets
  • Perpetual enrollment support

(Please note some of the services are contingent on group size and employee eligibility)

Voluntary Benefits can help you and your employees get the most from your benefit program. Count on the specialists at Northwestern Benefit to help. Please contact your Benefit Consultant, Sales Specialist or Megan Becker directly to schedule a meeting today.

   
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