Posted: Tuesday,
July 7, 2020 10:49 am Associated Press |PHILADELPHIA--(BUSINESS WIRE)--Jul 7, 2020--
Reliance Standard Life Insurance Company
(Reliance Standard), a leading group insurance carrier specializing in employee
benefits solutions for companies of all sizes, has launched RSL Complete®, an
integrated dental and vision benefit plan for employers with 10 or more
employees.
To help families get caught up with preventive
and routine dental care that may have suffered while in quarantine from the
COVID-19 pandemic, Reliance Standard also announced it was waiving virtually
all dental deductibles and removing dental exam/cleaning frequency limitations
for all policyholders through December 31, 2020. Child and adult orthodontia
deductibles are not included.
“This has been a tough year for dental health,
not to mention for dentists and their front line staff members,” said Patrick
Trinsey, vice president of marketing for Reliance Standard. “As communities are
coming back to life and quarantine restrictions are relaxing, we want to make
it as easy as possible for our customers to get caught up on their family
dental visits and care.”
Just in time for 2021 benefit enrollments, RSL
Complete® provides a flexible, affordable plan option for employers and
employees. Available in all states except Washington, RSL Complete combines
dental and vision coverage into one streamlined plan that is easier to
administer and typically more affordable than two separate plans. Most
important, it allows the insured employee and family members to shift a portion
of the yearly benefit maximum where it’s needed most.
For example, if it’s time for everyone to get
new glasses or contacts, the insured can use the shared portion of the benefit
to offset those costs. If it’s braces time, there’s discretionary money to
shift in that direction.
The dental provider network is one of the largest
in the U.S., but insured members can see any dentist, any time. If they seek
care from a network provider, they can save up to 50% on typical charges versus
a non-network provider. There is no network requirement for the vision care
portion of the policy.
“We’re excited to bring this product to our
clients and customers,” Trinsey said. “It effectively removes every barrier
from offering, and using, employer sponsored dental and vision benefits. In a
time when administering employee benefits is getting more complicated, RSL
Complete® makes it simple with one policy, one deduction, one claims
experience.”
“The ability to see any provider and the added
flexibility to shift benefit dollars to fund the care that’s most important,
right now, make this innovative coverage a huge win for families,” he said.
Reliance Standard dental customers can compare
estimated charges for a range of procedures before making decisions about their
dental care. The RSL Dental Cost Estimator lets insured members compare
estimated charges based on ZIP code, for both in-network and out-of-network
providers, then decide on a treatment plan that works best for their health and
their budget.
RSL Complete® also comes with a family
prescription savings plan offered through more than 60,000 U.S. pharmacies
including CVS, Walgreens, Rite Aid and Walmart. The program allows insured
members to compare typical prescription prices with negotiated discount plan
prices, and select the more cost-effective option. The discount program is
available to insured employees and all family members, whether or not they are
covered under the RSL Complete® plan.
Employers can get more information from their
benefits broker or consultant, or by contacting their local Reliance Standard sales and
service office.
Reliance Standard Life Insurance Company
(Reliance Standard) is a leading insurance carrier specializing in innovative
and flexible employee benefits solutions including disability income and group
term life insurance, a suite of employee paid coverage options and, with sister
company Matrix Absence Management, fully integrated disability, leave and total
absence management. Reliance Standard markets these solutions nationwide
through independent brokers and agents to employers of all sizes. Rated A+
(Superior) by A.M. Best and Standard & Poor’s, Reliance Standard was
founded in 1907 in Chicago, IL, as the Central Standard Life Insurance Company.
Reliance Standard is a member of the Tokio
Marine Group. Tokio Marine Holdings, Inc., the ultimate holding company of the
Tokio Marine Group, operates in the property and casualty insurance,
reinsurance and life insurance sectors globally. The Group’s main operating
subsidiary, Tokio Marine & Nichido Fire (TMNF), was founded in 1879 and is
the oldest and leading property and casualty insurer in Japan.
View source version on businesswire.com:https://www.businesswire.com/news/home/20200707005721/en/
CONTACT: David Gittelman
Vice President, Marketing Communications
267.256.3741
KEYWORD: UNITED STATES NORTH AMERICA
PENNSYLVANIA
INDUSTRY KEYWORD: SMALL BUSINESS PROFESSIONAL
SERVICES INSURANCE HUMAN RESOURCES
SOURCE: Reliance Standard Life Insurance Company
Copyright Business Wire 2020.
PUB: 07/07/2020 11:49 AM/DISC: 07/07/2020 11:49
AM
Copyright Business Wire 2020.
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