Product Positioning
Value Adds
Competition
Health Care Reform
ERISA
100
The most recent change to our Universal Life product is this rider, which pays benefits to people who need assisted living or skilled nursing care.
What is Long Term Care?
100
This website is given to all clients to help them address HR related questions.
What is HR Answers Now?
100
AFLAC has embedded their initial diagnosis benefit into their plans, whereas Colonial Life allows you to choose from this amount to this amount in an initial diagnosis benefit.
What is $1,000 to $5,000?
100
Effective January 1, 2014, employers with this many or more employees are required to offer a qualified health care plan.
What is 50?
100
These are the two companies Colonial Life has partnered with to help employers with ERISA compliance.
Who are TASC and AmeriFlex?
200
In CA, most employees can receive up to 55% of their paycheck if they are unable to work. We can supplement this with which product?
What is Disability 1000?
200
For a fee, we can set up a flexible spending account for our clients using this third party company.
What is Ameriflex or ASI?
200
AFLAC will pay radiation and chemotherapy benefits per ______, while Colonial pays daily.
What is week?
200
Medicaid has been expanded to persons under 65 and not eligible for Medicare provided their income is below this percent of the Federal Poverty Level.
What is 133%?
200
An IRS penalty of up to $15,000 per year could be levied for failure to file this required form to the IRS.
What is a 5500 form?
300
This product covers the out of pocket expenses someone might face if they were injured playing a sport.
What is Accident 1.0?
300
Onsite flu shots are an example of this type of value added service.
What is Wellness for POPs?
300
On AIG's CancerCare, a wellness benefit of this amount is available, compared to $100 at Colonial Life.
What is $75?
300
The FSA contribution limit for individuals has been set to this amount, subject to a cost of living increase.
What is $2,500?
300
The yearly administration fee of this amount is waived with POPs and a minimum of 100 employees.
What is $1,250?
400
38% of the total expenses for this disease are typically covered by comprehensive health care, leaving 62% of the cost to be paid for by the insured.
What is Cancer?
400
To provide a Wellness for POPs offer, the account must have a minimum of this many eligible employees.
What is 100?
400
At Colonial Life, we only risk rate this product.
What is Disability 1000?
400
Employees who are offered coverage by an employer are not eligible for premium credits unless the employer plan does not have an actuarial value of at least this amount or if the employee's share of the premium exceeds 9.5% of income.
What is 60%?
400
The DOL will issue fines up to this amount per day, per affected participant for failing to furnish a Summary Plan Description or Summary of Material Modification in a timely manner.
What is $110?
500
This product can be combined with a high deductible health care plan to create savings and adequate coverage.
What is Medical Bridge?
500
Our alliance with TASC can help companies meet the government regulations regarding this act from 1974 that centers around monitoring how companies are spending their employees money for benefits.
What is ERISA?
500
With an AFLAC accident plan, you are eligible to receive a wellness benefit of $60 after satisfying a waiting period of this amount of time.
What is one year?
500
A tax credit of up to 50% of the employer contribution is available for small business owners (less than 10 lives) whose average income is less than this amount.
What is $25,000?
500
ERISA, or the Employee Retirement Income Security Act, was formed in this year.
What is 1974?