We don't wait for the voluntary benefits industry to change; we design and implement policies that meet the needs of the marketplace as it evolves. For example, attractive features like living benefits that allow our life insurance customers to use benefits they need while alive make our products stand out from the crowd. As deductibles and premiums increase on major medical plans within the education industry, employees continue to struggle with these rising out-of-pocket costs. By accessing one of the industry's most comprehensive employee benefits portfolio, our custom plan designs on our supplemental health products make it easy to tailor these products to help fill in the gaps of your major medical plan.
Our business is built around creating and supporting unique employee benefit solutions for all types of employers as well as unions and industry-specific associations. In fact, we have been helping employees and their families Transform Tomorrow® for over 100 years.
Federal, state and local government contractors can offer their employees a robust compensation package adapted for the unique needs of their market. Transamerica Life Insurance Company provides a seamless way for these employers to provide more value to their employees while maximizing payroll savings.
The Educator Plan is a customized selection of Transamerica Life Insurance Company insurance products designed to target the supplemental . benefit needs of employees at schools and educational institutions. By accessing one of the industry's most comprehensive employee benefits portfolio, our custom plan designs make it easy to tailor these products to supplement their major medical plan. Whether you are looking to fill gaps, offer more comprehensive benefits or reduce out-of-pocket costs, products from Transamerica Life Insurance Company can put them ahead of the curve to help shape these employees' financial future.
A fully-insured healthcare reimbursement plan, Ultimate Health provides coverage and services designed specifically to support executive health and wellness. All types and sizes of companies use this plan to reward and retain key personnel who help grow and sustain the business. Companies can select who to enroll (minimum 3 employees) because it's an Excepted Benefit not subject to ACA mandates.
Retiree Medical coverage is specifically designed for retirees age 65 and older who are enrolled in Medicare Parts A and B. This coverage offers benefits that help cover the costs that Medicare does not — such as co-insurance and deductibles — to provide more protection. It enables employers to transition retirees to a defined contribution, fully-in¬sured program while limiting their open-ended obligations and reducing health care expenses and other costs involved with management of retiree coverage.
Products underwritten by Transamerica Life Insurance Company and Transamerica Premier Life Insurance Company, Cedar Rapids, Iowa; Transamerica Financial Life Insurance Company, Harrison, New York.