Voluntary Benefits
The benefits provided voluntarily by employers include health insurance, retirement benefits, other types of insurance plans, time off, and employee services. Health insurance is a benefit that is required by law starting in 2015 companies with 50 or more employees. However for companies with fewer than 50 employees, the law allows health insurance to be provided on a voluntary basis, which is the reason why health insurance is categorized as a voluntary benefit. Future legislation may move some of these benefits from the voluntary category to the legally required category.
Health Insurance
Health insurance provides health care coverage for both employees and their dependents, protecting them from financial disaster in the ...
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