Voya Financial expands its workplace benefits offerings with new supplemental health insurance solution - Seite 2

In fact, according to new research from Voya, half (50%) of working Americans are “extremely likely” or “likely” to participate in more voluntary benefits offered through their employer in 2024² and even more (77%) of employed Americans who are benefits eligible strongly agree or agree they are more likely to work with an employer who offers voluntary benefits.³

“It’s clear that voluntary benefits — or supplemental health insurance coverage — offered through the workplace are a growing interest for individuals when it comes to their health insurance needs,” Black added. “As we continue to invest and enhance our solutions at Voya, we’re excited to introduce Voya Protect to our comprehensive portfolio offering, providing individuals the option of one comprehensive solution to pay benefits for more than 13,000 covered conditions and through a more simplified claims experience.”

“We’re excited to be working together with Voya to help make health hardships less of a financial burden for Americans today by offering benefits that help minimize the financial impact that can come with out-of-pocket medical costs,” said Kim Heald, vice president of Sales at Ansel Health.

Beyond its normal base plan, Voya Protect also offers employers additional optional benefits they can elect for their employees. Notably, there is optional benefit coverage for mental health conditions, such as anxiety, bipolar disorder and major depressive disorder. With Voya research noting that more than half (55%) of working Americans “strongly” or “somewhat agree” that their employer has a responsibility in ensuring they are mentally healthy and emotionally well, the topic of mental health in the workplace continues to draw interest from employers and employees.⁴ Voya Protect also provides optional benefit coverage for chronic conditions such as asthma, diabetes and epilepsy.

Voya Protect is the latest example of how Voya is focused on providing innovative solutions and capabilities to help employers and their employees optimize their workplace benefits and savings needs. Last year, the company expanded its critical illness and accident insurance, offering new benefits and coverage to focus on mental health, and Voya most recently announced enhancements to the participant homepage experience, offering data-driven, personalized insights to help inform employees of their complete health and financial picture. More solutions are planned throughout 2024.