Voluntary Supplemental Health (VSH) products complement Anthem Large Group medical plans with valuable extras. They include Accident, Critical Illness, and Hospital Indemnity plans. They let your Large Group clients add value to their benefits portfolio without impacting their bottom line. VSH plans are voluntary – employees pay for them if they want them.
The plans offer peace of mind and financial security. Members can use their VSH benefits to help pay for unexpected costs their medical plans weren’t designed to cover. The extra cash can help them avoid dipping into savings or borrowing money for normal living expenses, like rent or mortgage. Members get convenient, automatic reminders when they have an opportunity to use these benefits with an eligible Anthem medical claim.
Plans are easy to administer online with a single eligibility census. And there’s just one bill combined with other Anthem benefits. Anthem's Voluntary Solutions team delivers all the tools needed for successful enrollment, achieving about 52% higher participation rates than the industry average.*
Anthem's Whole Health Savings program can save your Large Group clients money on medical premiums, too, when adding VSH plans for groups of up to 5,000 employees. Check out their Whole Health Savings flier for details.
Visit their website to learn more about VSH plans.
For questions, please contact a member of your B&P Sales Team - 888.722.3373.
*Compared to industry results published in the Eastbridge Consulting Group 2017 Voluntary Participation Rates SpotlightTM Report (November 2017).