Solving challenges for healthcare employees
Choosing voluntary benefits requires a carrier that knows the needs of healthcare facilities—and their people. One that’s comprised of experts who understand the unique challenges hospitals, outpatient centers, and other healthcare facilities face. Are you looking for expertise in the healthcare industry? Look no further than Trustmark Voluntary Benefits.
Trustmark has been in the voluntary benefits industry for more than 110 years. Over that time, we’ve worked with a variety of small and large healthcare employers, which gives us a unique understanding of the challenges faced by healthcare facilities just like yours. Today, healthcare is one of Trustmark’s top industries; we serve hundreds of healthcare institutions, including some of the largest hospitals and outpatient centers in the country.1
Trustmark has been in the voluntary benefits industry for more than 110 years. Over that time, we’ve worked with a variety of small and large healthcare employers, which gives us a unique understanding of the challenges faced by healthcare facilities just like yours. Today, healthcare is one of Trustmark’s top industries; we serve hundreds of healthcare institutions, including some of the largest hospitals and outpatient centers in the country.1
Our healthcare-focused clientele:
Trustmark has long-standing relationships with hundreds of clients in the healthcare industry, including some of the largest hospitals in the US. But no matter the size, Trustmark has your back.
Note: For some clients, employee counts are unknown. Total clients exceed the numbers accounted for in the group size breakdown. Trustmark’s book of business, Q3 2023.
How can voluntary benefits help in the healthcare industry?
We know that healthcare institutions often face budget cuts, and in light of escalating expenses, they confront the need by transferring the financial burden onto their staff. Yet, more than half of healthcare employees (56%) are already worried about paying bills in the event of their own health complications – making the need to fill gaps for medical coverage critical.2 Here’s how voluntary benefits can benefit healthcare employers:
- Trustmark Voluntary Benefits are offered at no cost to employers, helping healthcare facilities manage tight budgets while offering benefits protection hospital employee want and needs
- The costs of employee turnover in a healthcare facility can be substantial, but 75 percent of employees say that voluntary benefits motivate them to stay with their employer3
- Trustmark products offer healthcare employees the benefit solutions they’re looking for, including some of the fastest-growing voluntary benefits from 2020-2023: eldercare [or long-term care] assistance (177% growth), hospital indemnity (152%) and critical illness insurance (120%)4
- Employee burnout is a challenge in the world of healthcare, Trustmark offers mental health benefits on select products to keep employees both mentally and physical healthy
- During enrollment of Trustmark's products, we help healthcare employees understand their entire benefits package andn can even engage them on other important topics such as:
- High-deductible health plan expansion
- Wellness program participation
- Total benefits compensation
- 401(k) enrollment
Why Trustmark Voluntary Benefits?
- Innovative voluntary benefits protection, including industry-leading life and long-term care protection
- Seamless payroll deduction and remittance
- We have expertise in handling non-standard pay periods (9-, 10, or 12-month)
- Ability to deduct payments via ACH directly from employees
- Consolidated billing for multiple carriers
- Ability to enroll employees in all health benefits
- Dedicated case implementation team to take care of administrative needs
Ready to work with a carrier that understands the benefit challenges your healthcare-focused clients face daily? Contact your local sales representative today.
1 Trustmark book of business. 2023.
2 Healthcare Workers Are Stressed About Money. Forbes. 2022.
3 BenefitsPro. Sticky Benefits: How voluntary options can double employee tenure. 2021.
4 BenefitsPro. Voluntary benefit offerings expand to address health care costs in tight labor market. 2023.
2 Healthcare Workers Are Stressed About Money. Forbes. 2022.
3 BenefitsPro. Sticky Benefits: How voluntary options can double employee tenure. 2021.
4 BenefitsPro. Voluntary benefit offerings expand to address health care costs in tight labor market. 2023.