#USA #New York #PetPartners #OnePack Plan #Alight

Revolutionizing Employee Benefits: The OnePack Plan by PetPartners

In a significant move to enhance employee benefits, PetPartners has rolled out the OnePack Plan in collaboration with Alight, Inc. This partnership aims to streamline the process of offering pet insurance to employees, making it easier for companies to provide valuable benefits that cater to the evolving needs of the workforce.

The Need for Pet Insurance in the Workplace

With over 70% of households in the U.S. owning pets, the demand for pet insurance has surged. The growing importance of pet-friendly workplace benefits coincides with the rise of Gen Z in the labor market, a demographic known for prioritizing their pets. Employers are now under pressure to adopt policies that resonate with these values, positioning pet insurance as not just a benefit, but a necessity.

Michelle Yates, Executive Vice President of Business Development at PetPartners, expressed enthusiasm for the collaboration, stating, "This partnership aligns with our commitment to making pet care accessible and affordable. Our goal is to provide employers with a benefit that genuinely meets the expectations of today’s workforce."

A Seamless Enrollment Experience

The OnePack Plan is designed for simplicity. The integration into Alight’s existing enrollment system allows companies to adopt this offering without incurring any upfront costs. Employers will act as the policyholder, managing a group rate that minimizes administration while maximizing benefits delivery. Employees can enroll in mere minutes during their open enrollment periods, with payment options structured via payroll deductions, similar to other voluntary benefits.

Jan Caradine, Vice President at Alight, articulated the advantages of this integrated approach: "It's cost-effective and meets the increasing demand for pet-friendly benefits in the workplace."

Comprehensive Coverage Features

PetPartners has ensured that the OnePack Plan meets a wide array of needs among pet owners. The coverage includes key features like:

• - Breed-inclusive protection: This caters to pet owners regardless of their pet's breed.
• - 24/7 vet helpline: Access to professional veterinary advice around the clock.
• - Coverage for pre-existing conditions: Pets can be covered after a 12-month waiting period, making it accessible even for senior pets who often require more care.

Employers can also opt for plans with no age restrictions, providing peace of mind for all pet parents, regardless of their pets' ages.

Shifting Perspectives on Employee Benefits

According to recent research conducted by PetPartners alongside the Human Animal Bond Research Institute (HABRI), a remarkable 78% of HR professionals acknowledge the significance of pet insurance as a critical employee benefit. An overwhelming 87% feel that offering this insurance demonstrates care for employees and their families, reinforcing a positive workplace culture.

Moreover, 82% of respondents mentioned that such benefits assist in attracting and retaining top talent, with the support peaking at 91% among senior management. The health benefits associated with pet ownership further underscore the need for pet-inclusive policies, with 96% of participants experiencing improved wellbeing from owning pets.

Bridging the Gap in Communication

Despite the clear advantages of including pet insurance in employee benefit packages, there exists a significant communication gap. Only 21% of HR professionals reported discussing pet benefits with their supervisors, and less than 20% have addressed these matters with company leadership. This presents a unique opportunity for organizations to champion discussions around pet-inclusive policies and promote a progressive workplace environment.

Conclusion

The collaboration between PetPartners and Alight through the OnePack Plan represents a breakthrough in workplace benefits, catering to the growing demographic of pet owners in the workforce. As companies strive to align their benefits with the values of their employees, pet insurance emerges as a key differentiator in attracting and retaining talent. For those interested in exploring OnePack Plan by PetPartners, further information is available here.