Here's the reality of what's needed to deliver vehicle service coverage to workers as a corporate benefit that solves the problem for employers and employees:

Coverage provided by the highest-rated, most reputable underwriters — but without the high premiums typically added to service contracts available through auto dealerships. Eliminating those steep markups enables rates that are discounted to about half the cost of a typical dealership offering.
A selection and onboarding process that presents the options simply and clearly, using terms that make sense to ordinary consumers so employees can feel confident about the decisions they make.
A fully digital and highly intuitive customer journey, consistent with the digital experience consumers expect today — including educational tools to help employees create personalized plans that correspond to their needs.
A turnkey process that's simple, flexible, and easily integrated into existing benefits processes — without limited sign-up windows or minimum participation requirements.
Payment options that can be defined per the employer's preference, with the portion of the cost covered by employer and employee ranging anywhere from 0% to 100% respectively.
Finally, and in light of the pandemic, special offerings to cover the specific needs and vulnerabilities of essential workers and others most at risk.

By stepping outside the conventional wisdom about which employee challenges and concerns deserve our attention and how they should be addressed, we have an opportunity to innovate new approaches that support workers and strengthen our workplaces and our businesses. Deepening the relationship of synergy and support between employer and employee isn't just good for workers — it's good business, too. If there's one thing we've learned over the past year, it's that we need to have each others' backs. When we do that, everybody wins.

Instant Insights /

Transportation benefits for essential workers

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