Hospital indemnity insurance pays a specified amount of cash benefits for each day that an insured is hospitalized, generally up to a designated number of days. These cash benefits are paid directly to the policyholder, can be used for any purpose, and can be useful in meeting out-of-pocket expenses not covered by other insurance.
Posts Tagged ‘voluntary employee benefits’
Hospital Indemnity Insurance
Wednesday, November 4th, 2009Are employees interested in Aflac voluntary benefits?
Tuesday, October 20th, 2009A recent survey of nearly 500 full-time workers* shows that while employers may be looking to reduce costs any way they can, they should recognize the potential long-term effects of reducing benefits. For example, 27 percent of full-time employees say they would look for another job if their employer eliminated medical insurance. Consider this:
* Benefits are so important to employees, 57 percent say they would be willing to take a salary cut or do without a raise or bonus to maintain current coverage levels.
* Half of employees would consider paying all or most of the costs for voluntary insurance if their employer made it available.
* Women and those in professional/managerial occupations are significantly more open to considering voluntary benefits.
* Opinion Research Corporation of Princeton, NJ, June 25-28, 2009
