Voluntary Benefits: Critical Illness & Accident Insurance

Critical Illness and Accident Insurance

Forty percent of adults ages 19 to 64 report having trouble paying their medical bills. With more than 60% of people living paycheck to paycheck, a serious medical diagnosis or simple fall down the stairs could cripple a family financially.

Critical illness and accident policies are financial safety nets to keep a person from spiraling into debt after a serious diagnosis or unexpected mishap. Continue reading

Voluntary Benefits: Dental & Vision Insurance

Did you know that vision and dental exams can detect many chronic diseases in their early stages? We often consider these exams nothing more than an annual or biannual affair. But problems with the eyes or the mouth may indicate a much deeper problem in the body.

Good oral health is more than a pretty smile or ease of chewing and speaking. Forty percent (40%) of the time, oral diseases, such as gum disease, have been warning signs of diabetes, heart disease and stroke.

Likewise, vision exams not only determine if you need corrective lenses, but can also aid in detecting common eye diseases and chronic systemic diseases such as high blood pressure and diabetes. Taking care of your eye health impacts general overall health throughout your life.

Continue reading

Voluntary Benefits: Identity Theft Protection

Identity Theft

Identity Theft is the fastest growing crime in the US. According to the Federal Trade Commission, the number of identity theft incidents has reached 9.9 million a year. Are your employees and their families protected?

Identity theft and identity fraud refers to crimes in which someone wrongfully obtains and uses another person’s personal data in a way that involves fraud or deception, typically for economic gain. While many associate the crime with credit or financial fraud, 50% of cases are made up of phone, utility, bank or employment fraud. Every time you hand over your credit card at a restaurant or make an online purchase, you are potentially at risk.

No one is immune to identity theft, but you are less likely to suffer from major damage if you are well-informed and proactive.

Continue reading

Benefits Focus For August 2015

August Benefits FocusAlper’s August Benefits Focus newsletter covers the U.S. Supreme Court’s ruling on same-sex marriage and the Anthem, Inc. – Cigna Corporation merger.
Questions concerning these topics and any other employee benefits matters can be directed to our Employee Benefits Team: EBTeam@AlperServices.com.

Benefits Focus For July 2015

July Benefits FocusThe July Benefits Focus provides information on embedded out-of-pocket limits, a new Q&A on Section 6056 and the latest additional Voluntary Benefits resources provided by Alper. Please contact the Employee Benefits Team with any additional questions: EBTeam@AlperServices.com.


Benefits Focus For June

Alper June Benefits FocusThe June issue of our Benefits Focus newsletter is out and includes an overview of the agencies’ plan to issue final rules for the SBC requirements, the IRS’ update for 2016 HSA Limits and revisions to Small Employer status in the ACA. Please contact us with any questions or if you’d like to continue the conversation further: EBTeam@AlperServices.com

May Is National Disability Insurance Awareness Month

closeup of leg on bandage with crutches

Sam Cook, a top sales person at his company, fell off a ladder over the weekend while spring cleaning. His back is sprained, and he is expected to be out for at least eight weeks. How will Sam and his family get by if he is not working?

Disability Insurance provides supplementary income in the event of an illness or accident resulting from a covered disability that prevents an individual from working at their regular position.

If they were injured or ill and couldn’t work, half of Americans wouldn’t make it more than one month before financial difficulties set in. Are you and your family protected? Your income is critical to your financial security, and yet you rarely think about how a non-work related illness or accident puts you at risk. In fact, 95% of disabling accidents and illnesses are not work related, so Worker’s Compensation doesn’t cover them.

Having Disability Insurance can add peace of mind during distressing times. Contact Alper for information on Short- and Long-Term Disability products or for a personalized product proposal for your company.

Alper Employee Benefits Team

Benefits Focus For May

MayBenefitsFocusThe May issue of our Benefits Focus newsletter is out and includes details about the recent Affordable Care Act legislation and employers’ responses to it. Please contact us with any questions or if you’d like to continue the conversation further: EBTeam@AlperServices.com

Did You Know?: Excepted Benefits

Excepted Benefits LegislativeBrief

Excepted Benefits are benefit products that are designed to supplement comprehensive medical coverage. The Departments of Labor, Health and Human Services and the Treasury  have made important changes to the regulation of excepted benefits including new rules governing Employee Assistance Plans (EAP).

Please click on the brief to the right for greater details on the four categories of excepted benefits under the ACA.