NEW YORK--(BUSINESS WIRE)--The Guardian Life Insurance Company of America (Guardian), one of the nation’s largest mutual life insurers and a leading provider of employee benefits, today introduced The Guardian Benefits Value ToolSM, an online assessment tool to help employers better understand their attitudes towards offering employee benefits and how to best meet the needs of their company and employee population.
The Guardian Benefits Value Tool walks employers through a brief survey in which they answer eight questions about the diversity of benefits offered, the affordability of these benefits and the level of administrative and communication support required to manage the plan. The tool then calculates an index score that allows employers to easily identify the most important factors in selecting an employee benefits package and to benchmark their results against similar companies. As a result, companies gain a better understanding of the underlying drivers of their benefits offering as well as information on the best administrative options whether it is a traditional model or a private or public exchange.
“As employers look to choose benefits or modify existing plans, the Guardian Benefits Value Tool enables employers to take a step back to determine what’s really important to their employees to ensure they select the right benefits package,” said Chris Swanker, Vice President of Worksite & Specialty Markets. “The Benefits Value Tool will help start the conversation between brokers and their clients on how to best offer benefit packages that include not just medical, but other important types of benefits such as dental, life and disability to meet each company’s unique needs.”
The Guardian Benefits Value Tool is based on findings from the Guardian Workplace Benefits StudySM and is the latest in a series of thought leadership assets from Guardian that helps employers understand and determine which coverage, service, administration, enrollment and funding options best meet the needs of their company and employees.
A mutual insurer founded in 1860, The Guardian Life Insurance Company of America and its subsidiaries are committed to protecting individuals, business owners and their employees with life, disability income and dental insurance products, and offer funding vehicles for 401(k) plans, annuities and other financial products. Guardian operates one of the largest dental networks in the United States, and protects more than six million employees and their families at 115,000 companies. The company has approximately 5,000 employees in the United States and a network of over 3,000 financial representatives in more than 80 agencies nationwide.
For more information about Guardian, please visit www.GuardianLife.com.