Tenders are invited for Provide a group vision care insurance
plan for Graduate Students, Postdoctoral Fellows, spouses/companions, and dependents.
Increasing wages and salaries may be one obvious solution, but experts say a less expensive strategy may be to focus on improving, or simply maintaining, the quality of group medical insurance and other health benefits, such as dental insurance and vision care insurance
, to help a business stand out at a time when other employers are skimping on benefits.
Dental plans covered nearly three-tenths of the workers in men's footwear and about one-tenth in women's; and vision care insurance
plans were provided to about one-tenth of the workers in men's plants, but were not reported in visits to women's plants.
March Vision Care is a Knox Keene licensed vision care benefits plan administering vision care insurance
programs for health plans, HMO's and the business community.
Vision care insurance
has been around for several decades, but it really began gaining currency 10-15 years ago when employers began adding it to group benefit plans or offering it as an employee-paid voluntary benefit plan.
The employers continue to pay 90 cents an hour for health, dental, and vision care insurance
and existing reserves were deemed adequate to cover any premium increases.
Traditional benefits, paid for by the employer, still dominate the workplace benefits market, with over 50% of employers surveyed offering products such as basic life insurance, dental insurance, disability insurance and vision care insurance
Termination of dental and vision care insurance
, effective July 1, 1985.
Its major line of business is group vision care insurance