final - 7.12.16 - plansource and metlife webinar...2016/07/12 · maximize your opportunities thank...
TRANSCRIPT
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Opportunity is Knocking:How Benefits Lay the Groundwork for a Thriving Workplace
Insights from MetLife’s 14th Annual U.S. Employee Benefit Trends Study
Agenda
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Opportunity is knocking
Putting Down Roots
The Human Touch
Better Together
Checklist for Success
PlanSource and MetLife Relationship
Q&A
3Type your question into the “Questions” panel
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Will the webinar be recorded?
Yes!(We will send you a link to the recording after the webinar).
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Will the slides be available?
Yes!(We will send you a link to a PDF after the webinar).
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Presenters
Cat Carlos
Partner Marketing Manager
PlanSource
Vincent Branchesi
Director of Group, Voluntary & Worksite Benefits Product Center of Excellence
MetLife
Agenda
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§ OpportunityIsKnocking:ü BenefitsLayingtheGroundworkforaThrivingWorkplace
§ PuttingDownRoots:ü EmployeeLoyaltySpringsOutofUncertainty
§ TheHumanTouch:ü Delivering BenefitsValuethroughConsultativeEngagement
§ BetterTogether:ü EmployersBenefitfromSmartRelationships
§ ChecklistForSuccess:ü MaximizeYourOpportunities
Opportunity IsKnocking:BenefitsLayingtheGroundworkforaThrivingWorkplace
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§ Growingopportunityforemployerstohelptheirbusinessessucceedbyfurtherenrichingthebenefitsexperienceforemployeesacrossgenerations.
§ Asworkerscontinuetonavigatefinancialuncertainty,theyareputtingdownrootswiththeiremployers– andinturn,seekingmorebenefitssupportandguidance.
§ Employerscancapitalizebynotjustsponsoringbenefits,butactivelypromotingsolutionsthatresonatewithemployees.
§ Acommitmenttoeducation,communication,andstrategicrelationshipscanhelpcultivateahappier,healthier,andmoreloyalworkforce.
PuttingDownRoots:EmployeeLoyaltySpringsOutofUncertainty
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PuttingDownRoots:EmployersRemainFocusedonKeyBenefitsObjectives
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TheHumanTouch:DeliveringBenefitsValuethroughConsultativeEngagement
Rankedas“musthaves”byemployees Offeredbyemployers
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TheHumanTouch:DeliveringBenefitsValuethroughConsultativeEngagement
GapsinEmployeeUnderstandingContinuetoExist
§ Workersstillunclearastothepracticalvalueofmanyunder-utilizedbenefitsolutions
§ Mostemployersunderstandhownon-medicalbenefitsprovidearangeoffinancialprotection
§ Only47%ofemployeesbelievethatsupplementalhealthbenefitscanclosethesegaps
ü Effectivecommunicationisastrongdriverofanemployee’sconfidenceintheirbenefitselections
ü Employersshouldevolvetheirenrollmentstrategiestohelpemployeesbetterconnectthevalueofnon-medicalbenefitstotheirday-to-daylives
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BetterTogether:EmployersBenefitfromSmartRelationships
§ EmployersstillstrugglingtounderstandcoveragestructuresandbenefitofferingsoftheAffordableCareAct.
§ Asemployersreassesstheirbenefitsstrategiesintheinterestofcontrollingcosts,somearecontinuingtolooktoexchangesandhigh-deductiblehealthplans(HDHPs).
§ A2015LIMRAreportfindsthatwhileoneineightknowprivateexchangesareonlinemarketplaces,oneinthreeemployersdon’tknowthat:*
• Definedcontributionfundingcanbeused• PrivateexchangesarenotpartoftheAffordableCareAct• Ancillarybenefitscanbeoffered• Theycanselectwhichbenefitsfromtheexchangetoincludeintheirplan
*Transforming theMarketplace: Employers’ViewofPrivateExchanges, ALIMRAConsortium StudyFinalReport,RichardW. Hekeler,Ph.D. StephenG.Wood,May2015.LIMRA.
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BetterTogether:EmployersBenefitfromSmartRelationships
Amongemployersconcernedaboutdatasecurity,57%arelikelytooffersinglecarriervs.just24%amongthoselessconcernedwith
datasecurity.
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• Recommendcustomer-focusedsolutionsthatprovidemoreaccessandchoice
Seekoutanexperiencedcarrierandbest-in-classthirdpartiesthatofferflexiblesolutions tomeetstrategicobjectivesnowandastheyevolve.
Forgestrategicrelationshipsthatcanhelpachieveeveryone’sgoals
Workwithasinglecarrierthatprovidesawiderangeoftraditional andvoluntarybenefits.
Workwithexpertswhocanimplementaneffectiveemployeeengagementprogram
Collaboratewithknowledgeableexpertsyoucantrusttohelpaddresstoday’sbiggestbenefitchallenges.
Takeadvantageofinnovativetechnologyandexceptionalservicethatforadministrativeease
Lookforahighlevelofservice,engagingenrollment,andeaseofadministrationthatstreamlinesprocessesandprovidesaddedvalue.
ChecklistForSuccess:MaximizeYourOpportunities
ThankYou
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VisitBenefitTrends.MetLife.comforadditional findings, insights,andresourcesfrom
MetLife’s14thAnnualU.S.EmployeeBenefitTrendsStudy
Increase participation by offering products on a proven sales platform
Provide a friendly enrollment experience for core + voluntary benefits
Take advantage of built-in integrations to reduce implementation times
Opportunity to offer more product lines
Value of MetLife and PlanSource Relationship
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Three of the top five health insurers and eight of the top ten voluntary insurers use PlanSource as a sales enablement platform
PlanSource Advantage Program
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MetLife and PlanSource
Available Product Lines
Why Choose MetLife with PlanSource
Online Benefits Engagement Platform
Consumer-Friendly Shopping
Real-Time Managed Integration
Participation- Based Credits
Educational Tools and Content
Compliant and Secure Technology
Dental
Voluntary Term Life
Employer Paid Term Life
Accidental Death
& Dismemberment
Vision
Accident
Voluntary AD&D
Long Term Disability
Short Term Disability
Critical Illness
Hospital Indemnity
PlanSource Video Library
• Short, animated videos that are entertaining and easy to understand
• Helps employees understand the value of voluntary benefits
• Free to all customers to use inside or outside of our system
• Used during OE and for year-round education and communications
MetLife Videos to Educate & Engage Employees
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Want To Learn More?
ContactourExperts:PlanSource – CatCarlos,PartnerMarketingManager
[email protected]– ToddA.Smick,3rd PartyRelationshipManager,
VisitMetLifeatEclipse:July20th- 22ndParkCity,Utah
www.plansource.com
One Source. Many Benefits.
Confidential and Proprietary 22
Q&A
MetLifehasapproved thecontentrelating onlytoMetLifeproducts listed onthisadvertisement.MetLifemakesno representations with respect toPlanSource orthebenefits thereof.
AbouttheStudy
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MethodologyMetLife’s14thAnnualU.S.EmployeeBenefitTrendsStudywasconductedduringNovember2015throughJanuary2016,andconsistedofthreedistinctstudiesfieldedbyORC,oneoftheworld’slargestresearchcompanies.Theemployer surveycomprised2,508interviewswithbenefitsdecisionmakersatcompanieswithat leasttwoemployees.Theemployeesurveycomprised2,612interviewswithfull-timeemployeesages21andover,atcompanieswithatleasttwoemployees.
AboutORCInternationalORCInternationalisaleader intheartofbusinessintelligence.Theirteamsarepassionateaboutdiscoveringwhatengagespeoplearoundtheworld.Bycombiningqualitydata,smartsynthesisandbestinclassdigitalplatforms,ORCdeliversinsightthatpowersthegrowthanddrivesthefutureoftheirclients’businesses.TolearnmoreaboutORCInternational,visittheirwebsite,www.orcinternational.com.
AboutMetLifeMetLife, Inc.(NYSE:MET), throughitssubsidiariesandaffiliates(“MetLife”),isoneofthelargestlifeinsurancecompaniesintheworld.Foundedin1868,MetLifeisaglobalprovideroflifeinsurance,annuities,employeebenefitsandassetmanagement.Servingapproximately100millioncustomers,MetLifehasoperationsinnearly50countriesandholdsleadingmarketpositionsintheUnitedStates, Japan,LatinAmerica,Asia,EuropeandtheMiddleEast.Formore information,visitwww.metlife.com.