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Understanding your Voluntary Benefits

Understanding Voluntary Benefits (click here for the full article)

You know the importance of having health care coverage and a 401(k), but are you taking advantage of all the benefits  offers? Voluntary benefits are additional benefit options offered through the company. Unlike traditional benefits like health coverage, employees are responsible for paying most or all of the cost of these voluntary options.

What’s the Advantage?

You may wonder – if you’re responsible to pay, then why elect any voluntary benefits? There are several advantages.

Lower Price

If the benefit in question is something you are planning to purchase for yourself regardless, then it is probably more cost-effective to purchase through . The group rate we can secure is generally lower than what you’d pay buying individually from an insurance company.

 

Understanding Voluntary Benefits (click here for the full article)