Employer Sponsored Voluntary Benefits

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Employer Sponsored Voluntary Benefits

• Corporate Benefit Solutions

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Corporate Benefit Solutions Since 1977

• Frank B. Hall
• - P C
• - Group Medical
• - 401(k)

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CBS Enrollment Projects

• Wachovia Bank
• Ace Hardware
• Southwest Airlines
• Thomasville Furniture

• Northrop Grumman
• Lockheed Aerospace
• Dr. Pepper Corporation
• United Technologies

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CBS Enrollment Projects(continued)

• Worthington Industries
• Safeway Food Stores
• Huitt Zollars Engineering
• MD Anderson Cancer Network

• Battle Creek Health System
• Cooper Industries
• Champion Spark Plug
• Falcon Jet

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Executive Summary

• Employers spend millions on medical coverage
• Families are still financially devastated
• Benefits are to maintain living standard
• Employee Example

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Catastrophic Illness

• Education Misconceptions
• Product Design Cancer Plus 30
• How we are different

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Objective
Fact
Results
Conclusions
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OBJECTIVE
To examine the impact of illness on the families
of seriously ill adults and to determine the
correlates of adverse economic impact.
RESULTS
In 20 of cases, a family member had to quit work
or make another major life change to provide care
for the patient. Loss of most or all of the
family savings was reported by 31 of families,
whereas 29 reported loss of major source of
income.
CONCLUSIONS
Many families of seriously ill patients
experience severe care giving and financial
burdens.
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Cancer Facts

• 2004 Cancer Cases 1,682,400
• 2 out of 5 Americans will develop cancer
• 3 out of 4 families will experience cancer
• Number 1 killer for women and children 1-14

American Cancer Handbook 2003
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Group Medical Insurance

• Doctors Bills
• Hospital Bills
• Pharmacy Bills

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Out of Pocket Costs

• Deductibles
• Coinsurance
• Loss of Income
• Transportation Lodging
• Living Expenses

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Catastrophic Illness Plan

• Pays in addition to Major Medical
• Replaces lost income
• Pays benefits direct to policy holder
• Includes Cancer, Heart Attack/Stroke
• ICU or CCU confinement for any reason
• 30 Additional Diseases

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Cancer Plus 30 Specified Diseases

• ADDISONS DISEASE
• BOTULISM
• CYSTIC FIBROSIS
• DIPHTHERIA
• ENCEPHALITIS
• HISTOPLASMOSIS
• LEGIONNAIRES DISEASE
• LOU GEHRIGS DISEASE
• LUPUS ERTHEMATOSUS
• LYME DISEASE
• MALARIA
• MENINGITIS
• MULTIPLE SCLEROSIS
• MUSCULAR DYSTROPHY
• MYASTHENIA GRAVIS

• OSTEOMYELITIS
• POLIOMYELITIS
• Q FEVER
• RABIES
• REYES SYNDROME
• RHEUMATIC FEVER
• ROCKY MOUNTAIN SPOTTED FEVER
• SICKLE CELL ANEMIA
• TETANUS
• TOXIC SHOCK SYNDROME
• TRICHINOSIS
• TUBERCULOSIS
• TULAREMIA
• TYPHOID FEVER
• UNDULANT FEVER

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Building the Program
CANCER TREATMENT COSTS Per Insurance Company
Actuarial Analysis
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Major Program Benefits
    First Occurrence Benefit -
2,000     Chemotherapy Treatment - Actual
Charges up to 5,000 or 10,000 per
month.     Radiation Treatment - Actual Charges
up to 5,000 or 10,000 per month     
Immunotherapy - Actual Charges up to
5,000 or10,000 per month.      Experimental
Treatment Actual charges to 5,000
or10,000 per month.
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Major Program Benefits(continued)
     Blood/Platelet Transfusions Greater
charges to 150 per day or actual
charges.      Hospital Confinement - 200 per
day for the first 70 days 1,000 per day
thereafter.      Bone Marrow Peripheral Stem
Cell Treatment - 10,000.     
Surgery/Anesthesia Benefit. Schedule to 3,000
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WEEKLY RATESEMC National Life Company HP9370

Daily Room Benefit 200 Surgical Schedule
3,000 Chemo/Radiation Charges To 5,000 Per
Month Daily Intensive Care/Coronary Care Benefit
300
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WEEKLY RATESEMC National Life Company HP9370

Daily Room Benefit 200 Surgical Schedule
3,000 Chemo/Radiation Charges To 10,000 Per
Month Daily Intensive Care/Coronary Care Benefit
600
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Makes you better prepared emotionally and
financially to make decisions regarding your
future.
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How Can We Work Together?

• Corporate Clients
• - CEO/CFO
• - 401(k)
• - Personal
• Relationship
• Individual Investors

• Banks
• - Commercial
• Clients
• - Bank Members
• - Mortgage Holders