Employer-Sponsored Retiree Benefits Quickly Becoming Thing of the Past
OKEMOS, Mich., June 17 /PRNewswire/ -- Hard economic times have hit the United States and many companies find themselves in a cost-cutting mode that reaches further and deeper than ever before. This forces painful cutbacks that impact valued retirees -- many of whom are losing employer-sponsored retiree benefits.
Renaissance Life & Health Insurance Company of America (Renaissance America) has been studying this trend and has documented its discoveries in the new whitepaper "Caring for Aging Smiles: New Options for Retirees," which is available online at www.RenaissanceDental.com.
"'Caring for Aging Smiles' covers the concerns of employers, the unique dental needs retirees face, and the options available to them," said Tom Dimmer, director of National Individual Sales for Renaissance America. "Without employer-sponsored benefits, retirees have limited options when they need health and dental insurance most."
Renaissance America has adapted to these developing needs with Renaissance Dental Extend for Retirees. Available in all fifty states, Renaissance Dental Extend for Retirees offers full coverage on a self-paid basis, with no commitments or contracts for employers. With benefits designed exclusively for retirees, such as temporomandibular disorders (TMD), denture repair, and accidental injury, this plan provides more comprehensive coverage at an affordable rate than most plans currently available for individuals. Renaissance Dental Extend for Retirees also includes a nationwide PPO network, helping limit out-of-pocket costs.
Renaissance Life & Health Insurance Company of America (Renaissance America), the nationwide insurance company of Renaissance Health Service Corporation (RHSC), offers Renaissance Dental group and individual dental benefits, including the new Renaissance Dental Extend for Retirees, an individually-billed product now available nationwide through employers and other organizations. RHSC is a not-for-profit organization comprised of companies that focus on affordable health care benefits, employee benefit and claim management services, and access cards to reduce health care costs for groups and individuals. The Renaissance family of companies dates back to 1957 and today has offices in Michigan, Ohio, Indiana, Tennessee, Illinois, New York, and Florida. Collectively, Renaissance paid out nearly $2 billion for dental care in 2008 for more than 7.6 million enrollees. www.RenaissanceFamily.com and www.RenaissanceDental.com.
|SOURCE Renaissance Life & Health Insurance Company of America|
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