In this episode of Healthcare Happy Hour, host David Saltzman discusses the importance of supplemental health benefits with Diana Steinhoff, president and CEO, and John Feeney, vice president of group sales and market development, from Renaissance Life and Health. They explore the rising healthcare costs and how supplemental benefits can help cover out-of-pocket expenses for employees. The conversation highlights the perspectives of employers and employees regarding these benefits, the role of brokers in offering them, and emerging trends in the industry.
Takeaways
- Supplemental health benefits help cover out-of-pocket expenses.
- Rising healthcare costs increase the need for supplemental benefits.
- Employers can boost morale by offering supplemental health benefits.
- Employees have different needs based on their life stages.
- Brokers can differentiate themselves by offering supplemental plans.
- Accident insurance, critical illness coverage and hospital indemnity are popular choices.
- Modern solutions like RentSecure Health address coverage gaps.
- Brokers can learn about ancillary benefits through Renaissance's website.
- Healthcare costs will continue to rise, making supplemental benefits essential.
- Employee choice in benefits is increasingly important.
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