In one example, Aon helped a healthcare company save
$324,000
by bundling employer-paid benefits with voluntary benefits.
In another, a company that was seeking to help employees offset rising healthcare costs and improve its benefits package without increasing expenditures was able to add new lines that filled gaps while also getting a discount on its renewal rates for life and long-term disability (LTD), resulting in almost
$70,000
in savings.
Depending on a company’s size, the savings can be even more significant. In one instance, a healthcare company with 7,000 employees saved
$939,627
annually on its employer-paid life and LTD by offering supplemental health voluntary benefits through its existing carrier.