Tag: employee benefits

Inside Nationwide’s $1.25B Deal with Allstate and What It Means for Workplace Healthcare

Angela Linders
Stop-loss segment of Allstate Corporation

Nationwide’s $1.25 Billion Deal to Acquire Allstate’s Stop-Loss Segment Nationwide, a Columbus-based insurance company, has announced its plan to acquire the employer stop-loss segment of Allstate Corporation for a staggering $1.25 billion. The deal is set to finalize in the second half of 2025, marking a significant move for both companies. But what exactly does this mean, and why does it matter? Let’s break it down. What Is Stop-Loss Insurance? First, let’s cover the basics. Stop-loss insurance is a type of coverage designed to protect companies that fund their employees’…

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Texas Legislature Considers Mandatory Workers Compensation Coverage for Construction Industry

Logan B.
Texas Legislature Considers Mandatory Workers Compensation Coverage

Texas Legislature Considers Mandatory Workers Compensation Coverage for Construction Industry As the Texas legislative session unfolds, lawmakers are set to debate several bills aimed at reforming the state’s workers compensation system. Of particular focus are S.B. 338 and H.B. 875, which propose making workers compensation coverage mandatory for contractors and subcontractors in the construction industry. These legislative efforts mark a significant shift in Texas, which is currently the only state in the U.S. that does not require employers to purchase workers compensation insurance. Current State of Workers Comp in Texas…

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Voluntary Advantage is excited to formally announce the following members of their Editorial Board

PR Article
voluntary advantage new board members announcement insurance news

Voluntary Advantage is thrilled to introduce the esteemed members of our Editorial Board and give readers insider knowledge into their expertise in the Voluntary Benefits industry. The team includes well-renowned individuals who are dedicated to providing their unique perspectives on important topics within the Voluntary Benefits market. We look forward to working with them in producing content for The Voluntary Benefits Voice publication. Jennifer Daniel, Vice President of Group Distribution Strategy and Partnerships at Aflac. Jennifer is a proven leader in the insurance industry specializing in benefits technology and strategic…

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7 Tips For Managing Healthcare Costs

Guest Author
healthcare tips

Acquiring healthcare facilities in today’s world can be expensive. With the increasing human population, medical services have become limited for every individual. Unless you have a lot of money to spend, getting timely and adequate treatment may not always be an option. Therefore, you must spend your money mindfully when it comes to healthcare. Experts suggest the best way to get adequate medical support is through managing your healthcare costs. If you know how to save money while seeking medical facilities, you can make them more financially accessible. Likewise, utilizing…

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From Insurance to Marketing: How to Save Your New Business Money

Guest Author

The world’s most successful entrepreneurs understand the importance of saving every penny possible in business. It doesn’t matter if you’re running a home-based start-up or an international organization; it is crucial to adopt a frugal mindset to enjoy substantial revenue and growth. If you are new to an industry, you are likely eager to maximize your finances to avoid money issues and generate a healthy profit margin. Knowledge is power when it comes to business, which is why you should read the following advice on how to save your new…

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Life insurance benefits that used to be popular among employers are fading away

G. Turner
life insurance benefits employee worker

A recent survey showed that employees are not seeing this type of coverage in their packages as much. While life insurance benefits used to be a standard part of many employer packages for their workers, fewer companies now offer them. This, despite the fact that employees still find the benefit to be an appealing one. The number of people who purchase life policies through group contracts is growing, but employers are stepping back. A new LIMRA survey revealed that there are up to 108 million Americans who currently have life…

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Companies use pet insurance benefits to draw talent

Marc
kitten veterinarian pet insurance benefits

Now that cats and dogs are just furry family members, affordable animal health care has become a priority. A recent report in the New York Times showed that pet insurance benefits are becoming a staple offering for drawing skilled employees and encouraging them to stay. While pet insurance is already a growing trend in the United States, employer-sponsored benefits are also taking off. In fact, employer sponsored pet insurance benefits is among the most rapidly growing veterinary medicine trends. These include plans that cover only cats and dogs as well…

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