Market-Focused Insurance

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 fit employee’s needs.

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.

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Government Contractors

Federal, state and local government contractors can offer their employees a robust compensation package adapted for the unique needs within their market. We’ll help provide a seamless way for these employers to give more value to their employees, while also maximizing payroll savings.

Schools and educational institutions

The educator plan targets the supplemental benefit needs of employees at educational institutions. Employees have access to one of the industry's most comprehensive employee benefits portfolio, making it easy to tailor a solution to fit their needs. Whether they’re looking to fill gaps, offer more comprehensive benefits or reduce out-of-pocket costs, products from Transamerica can help shape their financial future.

Ultimate Health: Group Supplemental for Top Talent

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

Retiree Medical insurance is designed for those age 65 and older enrolled in Medicare Parts A and B. It offers benefits that coordinate with the Medicare program-such as coverage for co-insurance and deductibles — helping to provide more protection. It enables employers to transition retirees to a defined contribution, while limiting their open-ended obligations. This can reduce health care expenses and other costs involved with management of retiree coverage.

Medicare Part D

Medicare GenerationRxSM (Employer PDP) provides prescription drug benefits to employers’ eligible Medicare retirees. Structured as an 800-series Employer Group Waiver Plan (EGWP), Medicare GenerationRxSM allows employers to shift their retiree claims liability and administrative burden to the EGWP plan for an affordable monthly premium. With a variety of plan design and contribution options, employers and union groups can match existing benefit structures, minimize member disruption, and effectively manage their benefit costs. Medicare GenerationRxSM has many benefits over other structures, like Retiree Drug Subsidy (RDS), including maximized subsidies from the Centers for Medicare and Medicaid Services (CMS), and discounts on brand name drugs in the coverage gap.

Products underwritten by Transamerica Life Insurance Company and Transamerica Premier Life Insurance Company, Cedar Rapids, Iowa; Transamerica Financial Life Insurance Company, Harrison, New York. Medicare GenerationRxSM,is a group plan underwritten by Transamerica Life Insurance Company. Transamerica is a PDP plan sponsor with a Medicare contract.

EBD AFMFIS 1216

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