The choices now available for group health plan sponsors are numerous. Voluntary benefits are a great way for an employer to allow employees to select coverage they feel are important without any premium contribution by the employer. Voluntary benefits now include among other things: dental, disability, cancer, accident, long-term care and life coverage.
Group health coverage is also available in many different forms (traditional benefit plans, large deductible fully insured, limited benefit and partially self-funded). Some of these offer tremendous flexibility and control of group health benefits.