America's Benefit Specialist April 2023

PRODUCT NEWS

help build everyday resilience and support emotional and mental health. Sun Life members and their families can use Self Care+ at their own pace, and the program provides tai lored content and activities to help them reach their wellness goals. The addition of Self Care+ is part of Sun Life’s contin ued expansion of its health-related products and services that complement the member’s health insurance and drive improved health outcomes. Employers have the option to add Self Care+ with Sun Life basic or voluntary Life insurance. Self Care+ is available anytime, anywhere, and provides access to digital tools, in cluding mood and habit tracking, meditations and wellness content rooted in cognitive behavioral therapy (CBT) meth ods. Participants can learn ways to manage stress, change negative thoughts, maintain better boundaries, build healthy habits, and become more resilient and in control. Self Care+ will be available alongside Sun Life’s other life insurance services, which include emergency travel assistance, identity theft protection and financial planning. For more information, visit www.sunlife.com. CONTINENTAL GENERAL ANNOUNCES LAUNCH AS TPA Continental General Insurance Company, which serves approximately 100,000 policyholders across the life and accident and health insurance categories, has announced the strategic expansion of its platform with its launch as a third-party administrator. As a dedicated TPA, Continental General is better posi tioned to offer efficient, administrative solutions and ongoing management of policies. The company will offer operational and administrative support services ranging from claims auditing and claims processing to full policy administration. Continental General’s expansion builds on its more than 60 years of experience in long-term care, life insurance, annuity and supplemental health insurance. Learn more at www.cgic.com. HUMANA TO EXIT EMPLOYER GROUP COMMERCIAL MEDICAL PRODUCTS BUSINESS Humana Inc. recently announced that it will be exiting the Employer Group Commercial Medical Products business, which includes all fully insured, self-funded and Federal Employee Health Benefit medical plans, as well as associated wellness and rewards programs. No other Humana health plan offerings are materially affected. The company remains

to help workers financially when they experience a hospital stay. The new riders expand the hospital indemnity options available to employers as they design the proper benefits for their employees. “Hospital stays are not the same for everyone. Different circumstances call for different measures of care,” said Phil Eckman, president of workplace solutions at Transamerica. “Hospital indemnity insurance from Transamerica offers a base benefit of a covered, daily in-hospital stay with the ability to add riders for other common treatments, improving employees’ ability to financially overcome hospitalizations.” The base policy offers an inpatient benefit paid for each day the insured spends in the hospital. Employers may add riders to the base policy to build and customize a more comprehensive benefit combination to help keep employees financially secure. Transamerica offers a selection of contem porary riders with broader options for inpatient and outpa tient care. Hospital indemnity insurance is especially valuable because it is delivered without pre-existing condition barriers and can provide access to benefits not covered through a major medical plan. Some of the riders available to employers through Transamerica’s hospital indemnity insurance include: Newborn Child In-Hospital Indemnity Benefit Rider offers an additional benefit that helps with costs for the birth and expenses associated with a newborn’s care. The rider can be configured to pay a daily benefit, a lump-sum benefit, or both for the birth in a hospital. Inpatient Mental and Nervous Disorder Indemnity Benefit Rider pays the daily benefit to the insured in an inpatient facility for a mental or nervous disorder. Inpatient Drug and Alcohol Addiction Indemnity Benefit Rider pays a daily benefit for inpatient services treating alco hol or drug addiction. Rehabilitation Unit Confinement Benefit Rider provides additional benefits to help the insured get back on their feet in a rehabilitation unit. The benefit helps with recovery and return to work. Demand is growing for hospital indemnity insurance offered through the workplace. According to a recent report from LIMRA, supplemental hospital indemnity insurance ranked highest in combined year-over-year growth for total employers and employee policies among other workplace supplemental insurances. For more information, visit www. transamerica.com.

SUN LIFE TO OFFER DIGITAL SELF-CARE Sun Life U.S. is broadening access to health services by enhancing its group life insurance portfolio with AbleTo Self Care+, an on-demand, digital wellness program designed to

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