Employee Benefits

Health & Wealth

Compliance Code
CN1922443_1123
Retirement Employee Benefits Employers Financial Professionals
Disclosures & Footnotes

Dr. Benartzi receives compensation for his services pursuant to a retainer agreement with Voya Services Company, a wholly-owned subsidiary of Voya Financial.

1 Voya Internal Data for 12 month period ending 6/30/2019.

2 Based on 2018 data from the U.S. Agency for Healthcare Research and Quality’s Medical Expenditure Survey.

3 American Journal of Public Health, Medical Bankruptcy: Still Common Despite the Affordable Care Act, 2019.

4 Number of benefits decisions in our experience, and it will depend on employer offering. This is for illustration purposes only, not based on data.

5 HR Dive, On average, employees spend 18 minutes enrolling in benefits, May 2019

6 Vox Newsletter 11.2019

7 Voya's Financial Wellness meets Behavioral Economics paper, 2021.

Businessman .jpg
Business Owner
Maryann Foster
Expiration Date

Susan’s Claims 360 Story

Body

Susan* passed away instantly in a car accident

Businesswoman using digital tablet at office desk

She was a mother who left two kids behind in their twenties. Since Susan had Group Term Life Insurance, her son filed a death claim.

When the claims examiner, Anna*, reviewed the claim, it really resonated with her. “I lost both my parents around the same age as this son was when he lost his mother. I couldn’t help but relate with what he and his sibling were going through.”

As Anna cross-checked this claim for other coverages, she noticed that Susan also had Accident Insurance offered by Voya, and this coverage included an Accidental Death and Dismemberment (AD&D) Insurance rider.

Anna then alerted our Accident Insurance claims team. They opened, approved and paid a $30,000 AD&D benefit to Susan’s two kids, who were her beneficiaries, without requiring any additional paperwork or claim submission.

a circle that has the words easy, innovative and integrated written on arrows moving around. The words Voya Claims 360 in the middle of the circle.

Susan’s kids received an Accident Insurance AD&D benefit of $30,000 for Susan’s covered, accidental death.

“It’s rough to lose a parent at that stage in life,” Anna said. “When I went through it, I was able to use the money I received to live on my own and go to college. I know firsthand how much of a difference it can make.”

Compliance Code
1761383
Employee Benefits Financial Professionals
Disclosures & Footnotes

*Names changed.

This example is based on an actual 2020 claim that utilized product-to-product claims integration. It is provided for illustrative purposes only. The average Accident Insurance benefit amount paid in 2020 was $1,100.

A complete description of benefits, limitations, exclusions and termination of coverage will be provided in the certificate of insurance and riders. All coverage is subject to the terms and conditions of the group policy. If there is any discrepancy between this document and the group policy documents, the policy documents will govern.

Insurance products are issued by ReliaStar Life Insurance Company (Minneapolis, MN) and ReliaStar Life Insurance Company of New York (Woodbury, NY). Within the State of New York, only ReliaStar Life Insurance Company of New York is admitted, and its products issued. Both are members of the Voya® family of companies. Voya Employee Benefits is a division of both companies. Product availability and specific provisions may vary by state and employer’s plan.

Business Owner
Blake Renaud
Expiration Date

Susan’s Claims 360 Story

Compliance Code
1761383
Employee Benefits Employers
Disclosures & Footnotes

*Names changed.

This example is based on an actual 2020 claim that utilized product-to-product claims integration. It is provided for illustrative purposes only. The average Accident Insurance benefit amount paid in 2020 was $1,100.

A complete description of benefits, limitations, exclusions and termination of coverage will be provided in the certificate of insurance and riders. All coverage is subject to the terms and conditions of the group policy. If there is any discrepancy between this document and the group policy documents, the policy documents will govern.

Insurance products are issued by ReliaStar Life Insurance Company (Minneapolis, MN) and ReliaStar Life Insurance Company of New York (Woodbury, NY). Within the State of New York, only ReliaStar Life Insurance Company of New York is admitted, and its products issued. Both are members of the Voya® family of companies. Voya Employee Benefits is a division of both companies. Product availability and specific provisions may vary by state and employer’s plan.

Employee Benefits
Business Owner
Blake Renaud
Expiration Date

myHealthMoney

Body

Help employees make informed benefit decisions with myHealthMoney. This digital assistant takes an employee’s unique needs into consideration to create a recommendation for medical, dental, vision and supplemental health insurance, as well as contribution guidance for health savings accounts (HSAs) and flexible savings accounts (FSAs).

See how it works:

 

To learn more about myHealthMoney, contact your Voya representative.

Compliance Code
1582781
Employee Benefits Employers Financial Professionals
Disclosures & Footnotes

Voya is making available to you the myHealthMoney software offered by SAVVI Financial, LLC. (“SAVVI”). Voya Financial, the parent company of Voya, and a number of other Voya Financial affiliates, have financial and business relationships with SAVVI which create an incentive for Voya to promote SAVVI’s products and services. You should access and read SAVVI’s Firm Brochure, which contains general information about SAVVI’s business, including conflicts of interest.

Employee Benefits Stocksy_txpcb2639deP1C100_Original_197913.jpg
Business Owner
Kristin Walters
Expiration Date
Short Title
myHealthMoney
Page Type
Product

Pete’s Claims 360 Story

Compliance Code
1503787
Employee Benefits Financial Professionals
Disclosures & Footnotes

*Names changed.

**Medical claims integration is available for Accident Insurance, Critical Illness/Specified Disease Insurance, or Hospital Confinement Indemnity Insurance offered by Voya Employee Benefits. These are not coordinated benefits and medical coverage is not offered by Voya Employee Benefits.

***Formless submissions are currently available for Wellness benefit, Accident Insurance and Hospital Indemnity Insurance claims.

This example is based on an actual 2020 claim that utilized product-to-product claims integration. It is provided for illustrative purposes only. The average Accident Insurance benefit amount paid in 2020 was $1,100. The average Hospital Confinement Indemnity Insurance benefit amount paid in 2020 was $1,500. Filing a claim may require any necessary medical records or proof of claim as determined during the review process.

A complete description of benefits, limitations, exclusions and termination of coverage will be provided in the certificate of insurance and riders. All coverage is subject to the terms and conditions of the group policy. If there is any discrepancy between this document and the group policy documents, the policy documents will govern.

Insurance products are issued by ReliaStar Life Insurance Company (Minneapolis, MN) and ReliaStar Life Insurance Company of New York (Woodbury, NY). Within the State of New York, only ReliaStar Life Insurance Company of New York is admitted, and its products issued. Both are members of the Voya® family of companies. Voya Employee Benefits is a division of both companies. Product availability and specific provisions may vary by state and employer’s plan.

Business Owner
Kristin Walters
Expiration Date

David’s Claims 360 Story

Compliance Code
1512636
Employee Benefits Financial Professionals
Disclosures & Footnotes

*Names changed.

**Medical claims integration is available for Accident Insurance, Critical Illness/Specified Disease Insurance, or Hospital Confinement Indemnity Insurance offered by Voya Employee Benefits. These are not coordinated benefits and medical coverage is not offered by Voya Employee Benefits.

***Formless submissions are currently available for Wellness benefit, Accident Insurance and Hospital Indemnity Insurance claims.

This example is based on an actual 2020 claim that utilized product-to-product claims integration. It is provided for illustrative purposes only. The average Accident Insurance benefit amount paid in 2020 was $1,100. The average Hospital Confinement Indemnity Insurance benefit amount paid in 2020 was $1,500. Filing a claim may require any necessary medical records or proof of claim as determined during the review process.

A complete description of benefits, limitations, exclusions and termination of coverage will be provided in the certificate of insurance and riders. All coverage is subject to the terms and conditions of the group policy. If there is any discrepancy between this document and the group policy documents, the policy documents will govern.

Insurance products are issued by ReliaStar Life Insurance Company (Minneapolis, MN) and ReliaStar Life Insurance Company of New York (Woodbury, NY). Within the State of New York, only ReliaStar Life Insurance Company of New York is admitted, and its products issued. Both are members of the Voya® family of companies. Voya Employee Benefits is a division of both companies. Product availability and specific provisions may vary by state and employer’s plan.

Business Owner
Kristin Walters
Expiration Date

Sarah’s Claims 360 Story

Compliance Code
1503786
Employee Benefits Financial Professionals
Disclosures & Footnotes

*Names changed.

**Medical claims integration is available for Accident Insurance, Critical Illness/Specified Disease Insurance, or Hospital Confinement Indemnity Insurance offered by Voya Employee Benefits. These are not coordinated benefits and medical coverage is not offered by Voya Employee Benefits.

***Formless submissions are currently available for Wellness benefit, Accident Insurance and Hospital Indemnity Insurance claims.

This example is based on an actual 2020 claim that utilized product-to-product claims integration. It is provided for illustrative purposes only. The average Accident Insurance benefit amount paid in 2020 was $1,100. The average Hospital Confinement Indemnity Insurance benefit amount paid in 2020 was $1,500. Filing a claim may require any necessary medical records or proof of claim as determined during the review process.

A complete description of benefits, limitations, exclusions and termination of coverage will be provided in the certificate of insurance and riders. All coverage is subject to the terms and conditions of the group policy. If there is any discrepancy between this document and the group policy documents, the policy documents will govern.

Insurance products are issued by ReliaStar Life Insurance Company (Minneapolis, MN) and ReliaStar Life Insurance Company of New York (Woodbury, NY). Within the State of New York, only ReliaStar Life Insurance Company of New York is admitted, and its products issued. Both are members of the Voya® family of companies. Voya Employee Benefits is a division of both companies. Product availability and specific provisions may vary by state and employer’s plan.

Business Owner
Kristin Walters
Expiration Date

Voya Claims 360

Compliance Code
1503785
Employee Benefits Employers
Disclosures & Footnotes

*Based on internal claims data from 2020. $126,440 number refers to Accident Insurance claims paid automatically in June-November 2020 using the STD-to-Accident Auto-Pay claims process. Average Accident Insurance benefit amount paid in 2020: $1,100. Average Hospital Confinement Insurance benefit amount paid in 2020: $1,500.

**Covered events and treatment may vary by state and employer's plan.

***Medical claims integration is available for Accident Insurance, Critical Illness/Specified Disease Insurance, or Hospital Confinement Indemnity Insurance offered by Voya Employee Benefits. These are not coordinated benefits and medical coverage is not offered by Voya Employee Benefits.

****Formless submissions are currently available for Wellness benefit, Accident Insurance and Hospital Indemnity Insurance claims.

Filing a claim may require any necessary medical records or proof of claim as determined during the review process. A complete description of benefits, limitations, exclusions and termination of coverage will be provided in the certificate of insurance and riders. All coverage is subject to the terms and conditions of the group policy. If there is any discrepancy between this document and the group policy documents, the policy documents will govern.

Insurance products are issued by ReliaStar Life Insurance Company (Minneapolis, MN) and ReliaStar Life Insurance Company of New York (Woodbury, NY). Within the State of New York, only ReliaStar Life Insurance Company of New York is admitted, and its products issued. Both are members of the Voya® family of companies. Voya Employee Benefits is a division of both companies. Product availability and specific provisions may vary by state and employer’s plan.

Employee Benefits Category_Voya_Claims_360_670x317_1.jpg
Business Owner
Kristin Walters
Expiration Date
Short Title
Voya Claims 360
Page Type
Product

David’s Claims 360 Story

Compliance Code
1512636
Employee Benefits Employers
Disclosures & Footnotes

*Names changed.

**Medical claims integration is available for Accident Insurance, Critical Illness/Specified Disease Insurance, or Hospital Confinement Indemnity Insurance offered by Voya Employee Benefits. These are not coordinated benefits and medical coverage is not offered by Voya Employee Benefits.

***Formless submissions are currently available for Wellness benefit, Accident Insurance and Hospital Indemnity Insurance claims.

This example is based on an actual 2020 claim that utilized product-to-product claims integration. It is provided for illustrative purposes only. The average Accident Insurance benefit amount paid in 2020 was $1,100. The average Hospital Confinement Indemnity Insurance benefit amount paid in 2020 was $1,500. Filing a claim may require any necessary medical records or proof of claim as determined during the review process.

A complete description of benefits, limitations, exclusions and termination of coverage will be provided in the certificate of insurance and riders. All coverage is subject to the terms and conditions of the group policy. If there is any discrepancy between this document and the group policy documents, the policy documents will govern.

Insurance products are issued by ReliaStar Life Insurance Company (Minneapolis, MN) and ReliaStar Life Insurance Company of New York (Woodbury, NY). Within the State of New York, only ReliaStar Life Insurance Company of New York is admitted, and its products issued. Both are members of the Voya® family of companies. Voya Employee Benefits is a division of both companies. Product availability and specific provisions may vary by state and employer’s plan.

Employee Benefits
Business Owner
Kristin Walters
Expiration Date
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