Voluntary Benefits
Choice is a powerful perk. Supplementing your core benefit offerings with voluntary benefits allows your employees to customize their package based on their specific needs. It’s a low- and often no-cost way for employers to offer personalized benefits that speak to today’s varied workforce.
One Size Doesn’t Fit All.
There are five generations in the workplace today. That means your benefits must meet a lot of different needs to be competitive. While one group may value a certain benefit, it won’t appeal to another group of workers. Voluntary benefits solve that issue. They offer a level of personalization that can help increase engagement across all ages in your workforce. With voluntary benefits, your employees can choose what speaks to them.
Health Care
Supplemental coverage such as dental and vision care, hospital indemnity, long-term care, critical illness/cancer coverage, are popular voluntary offerings in today’s market.
Lifestyle
These types of voluntary benefits can offer an extra layer of personalization for your workers and differentiation for your business. Options can include pet insurance, group home and auto insurance, travel insurance, and special discount programs on things like cell service, travel, fitness, electronics, and more.
Financial
Financial-based benefits such as pre-paid legal services, accounting services, personal financial planning, and identity theft are all popular options for voluntary benefits offerings.
Better For Your Business And Your Employees.
RelationRx replaces traditional PBM procurement and renewal models for self-funded employers. In addition to competitive procurement and ongoing insights, RelationRx effectively improves member engagement, benefitting your employees, not just your bottom line.
- Members maximize their personal pharmacy benefits.
- Drives out-of-pocket savings for the plan and member.
- Insights to inform future plan design strategy.
Request A Benefits Review.
90% of pharmacy contracts that RelationRx reviews detect some level of variance or shortfall when compared to the PBM’s reporting. That costs you money. Let’s see what a review of your current program uncovers at no obligation or cost. Click below to get started.