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At Redbird we sometimes think of ourselves as ducks… calm on the outside but spinning like crazy under the surface. We have been spinning like crazy this year working on a new relationship with ADP and are excited to open it up to all Redbird agents interested in branching into the voluntary group benefits category. Last week’s blog featured what’s under the hood of Voluntary Benefits. This week we give you a way to make it come to life with ADP’s help.
Redbird is excited to share an intriguing relationship we’ve developed with ADP. Yeah, that ADP: the $11 billion data processing, HR supporting, IT consulting, data processing giant. We are combining our expertise in the area of Voluntary Benefits with ADP’s broad base of skills to its clients. And, there are opportunities for Redbird agents to run with this.
Not contracted with Redbird but interested in learning more about Voluntary Group Benefits and our relationship with ADP?
Call Drew Gurley at 866-547-8780, ext. 102
In last week’s blog we dissected our approach to Voluntary Benefits. We see an opportunity with mid-sized companies whose employer-sponsored benefit packages are being squeezed by a sluggish economic recovery and the uncertainty surrounding the Affordable Care Act.
“Voluntary Benefits are a perfect way for businesses to attract and retain employees,” said Redbird’s VP of Agent Development. “We’re looking for companies that already offer benefits to their employees. However, because of everything that has transpired with the Affordable Care Act, a lot of companies are scared (about the future of employer-sponsored benefits) and don’t want to have the rug pulled out from under them.”
Voluntary Benefits are a simple concept:
- Offer benefits to employees through their employer where the employee pays 100% of the cost.
- Premiums are paid through payroll deduction.
- Depending on the size of business, employees should pay less in monthly premium than what they could get on their own outside of their employer.
- There may be instances where employees who would not qualify for a product on their own will be able to get that coverage through an employee-sponsored program.
- Some of the most popular products for Voluntary Benefits are Critical Illness, Cancer, Accident, Supplemental Medical, dental and vision, and others.
If you’re interested in discussing the opportunity for Voluntary Benefits and the possibility of working with ADP, give Drew Gurley a call at 866-547-8780, ext. 102.
- Not everyone has to be a great writer to communicate well. Great business communications is seldom about creativity and more often about clarity. This article gives you eight good tips on how to clean up your writing. Remember, the vast majority of people, agents or otherwise are not good communicators. A few simple tips will go a long way to help you stand out in a crowd (source: Entrepreneur).
- Critical Illness coverage emerging as important part of Voluntary Benefits programs. Critical Illness coverage is a misunderstood, but valuable part of health coverage. Here what it is not: enhanced or supplemental coverage for when a person is diagnosed with a condition such as cancer. Then what is it? Check into this informative article (source: Employee Benefits Advisor).
Source of the Week: MarketWatch
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