Sun Life adds new vision plan to benefits portfolio
WELLESLEY, Mass., Nov. 1, 2017 /PRNewswire/ -- Sun Life has added the Vision Choice plan to its vision offering, rounding out a group benefits portfolio that includes dental, disability, life and voluntary (accident and critical illness plans).
Sun Life Vision plans, available through VSP® Vision Care, offer a variety of plan design and co-payment options, as well as an elective contact lens rider. The plans provide access to VSP's network of eye doctors and are accepted at more than 1,000 optical stores and online retailers nationwide.
"Vision coverage is a key component to an employee's benefits package," said Stacia Almquist, vice president, Dental & Vision, for Sun Life Financial U.S. "Often people don't realize that eye exams can help detect larger health problems, such as diabetes or high blood pressure, so it's important coverage to have. With the launch of our new vision plan today, we are able to offer our employer clients more plan design options to meet their employees' unique health and financial needs."
According to recent market research, employer-provided vision insurance has been steadily rising in popularity. In 2016, for the first time, vision enrollment tied with dental as the second-most popular election after medical coverage.
Sun Life's new vision plan joins the recent widespread launch of its new dental network. With approximately 125,000 unique dentists nationwide, the Sun Life Dental NetworkSM is the largest network in the U.S., according to September 2017 data from Netminder. The Sun Life Dental Network, and Sun Life Dental and Vision plans are available in most states nationwide.
For more information on Sun Life's vision and dental products, please visit www.sunlife.com/dentalandvision.
About Sun Life Financial
Sun Life Financial is a leading international financial services organization providing a diverse range of insurance, wealth and asset management solutions to individuals and corporate Clients. Sun Life Financial has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of June 30, 2017, Sun Life Financial had total assets under management of C$944 billion. For more information, please visit www.sunlife.com.
Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.
In the United States, Sun Life Financial is one of the largest group benefits providers, serving more than 60,000 employers in small, medium and large workplaces across the country. Sun Life's broad portfolio of insurance products and services in the U.S. includes disability, absence management, life, dental, vision, voluntary and stop-loss. For more information, please visit www.sunlife.com/us.
Media contact:
Devon Portney Fernald
Sun Life Financial
781-416-7151
[email protected]
SOURCE Sun Life Financial
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