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Voluntary Benefits: Its An Age Thing

Thursday, October 25, 2012

9:30 AM – 10:20 AM
Track: Voluntary Benefits | View Track
Younger workers have an appetite for choice and personalization.

Older workers have never needed protection more than they do today.

  • Gen X and Gen Y value individualizing and personalizing what coverages they have. They grew up in a world of co-pays and deductibles and are more willing to pay for the protections and services that are meaningful to them.
  • This presentation will address how employers can tap into this relatively recent phenomenon and leverage voluntary and workplace strategiesto help attract and retain younger talent.
  • Baby Boomers are planning to delay retirement and stay in the workforce longer. Retiring at 70, rather than 60 exposes the working baby boomer to far greater morbidity and mortality risks. In short, protection has never been more critical for boomers.
  • This presentation will show how employerscan help older workers be better financially protected by extending core offers through voluntary and worksite solutions, while at the same time protecting themselves from potential increased benefits costs associated with older employees

 

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