Solving challenges for educators
When you're offering benefits, you want a carrier who has been there, done that – one who understands the unique challenges faced by school districts, colleges, and universities. Looking for an education industry expert? Look no further than Trustmark Voluntary Benefits.
Trustmark has been in the voluntary benefits industry for more than 110 years. Over that time, we’ve worked with hundreds of education-focused employers, which gives us a unique understanding of the challenges faced by institutions just like you. Today, education is Trustmark’s top industry, serving more than 500 education institutions, including some of the largest institutions and municipalities in the country.1
Trustmark has been in the voluntary benefits industry for more than 110 years. Over that time, we’ve worked with hundreds of education-focused employers, which gives us a unique understanding of the challenges faced by institutions just like you. Today, education is Trustmark’s top industry, serving more than 500 education institutions, including some of the largest institutions and municipalities in the country.1
Our education-focused clientele:
Trustmark has long-standing relationships with hundreds of clients in the education industry, including 3 of the 10 largest school districts in the country. But, no matter how big or small the staff, we've done it all:
Note: For some clients, employee counts are unknown. Total clients exceed the numbers accounted for in the group size breakdown. Trustmark’s book of business, Q4 2022.
How can voluntary benefits help in the education industry?
Education institutions often face budget cuts and rising healthcare costs, prompting them to shift the financial burdens to their staff. Yet, educators and other school staff are at risk for common workplace accidents like slips and falls – and have a higher risk of being exposed to disease transmission than most industries – making the need for such coverage critical.2 Here's how voluntary benefits can benefit education-focused employers:
- 40% of teachers leave the profession after 5 years due to work-related job stress or burnout.3 Offering robust benefit packages that meet educators’ daily needs can help attract, retain, and motivate employees
- The average age of an educator is 42 years old, meaning they likely have family to support.4 Offering voluntary benefits can help them fill gaps in their major medical coverage, with flexible benefits that can be tailored to address specific concerns of the workforce demographic
- 75% of employees say offering voluntary benefits helps motivate them to work harder.5 Not only does offering voluntary benefits increase the performance of employees, but it also increases their desire to stay, too.
Why Trustmark Voluntary Benefits?
- Seamless payroll deduction and remittance
- We have expertise in handling non-standard pay periods (9-, 10, or 12-month)
- Consolidated billing for multiple carriers
- Ability to enroll employees in all health benefits
- Dedicated case implementation team to take care of administrative needs
- Can help highlight other key initiatives:
- High-deductible health plan expansion
- Wellness program participation
- 401(k) enrollment
- Benefit changes
1 Trustmark book of business. 2023.
2 The Hazards of Being a Teacher. Chron. 2020
3 Mental Health of Primary and Secondary School Teachers in the Remote Mountain Areas. National Library of Medicine. 2023
4 Teacher Demographics and Statistics in the US. Zippia. 2023
5 BenefitsPro. Sticky Benefits: How voluntary options can double employee tenure. 2021
2 The Hazards of Being a Teacher. Chron. 2020
3 Mental Health of Primary and Secondary School Teachers in the Remote Mountain Areas. National Library of Medicine. 2023
4 Teacher Demographics and Statistics in the US. Zippia. 2023
5 BenefitsPro. Sticky Benefits: How voluntary options can double employee tenure. 2021
Ready to work with a carrier that understands the benefit challenges your school district, college, and university clients face daily? Contact your local sales representative today.