Healthcare costs are projected to rise by nearly 9 percent in 2025, and both employers and employees are feeling financial pressure. Supplemental health products such as critical illness, accident, cancer and hospital indemnity insurance are emerging as smart, flexible solutions to help ease this growing burden.

John Feeney, vice president of group sales and market development at Renaissance discusses how employers can leverage supplemental benefits to help manage rising expenses.

How do rising healthcare costs impact the need for supplemental benefits? When offered as a voluntary benefit, supplemental products allow employers to maintain a competitive benefits package without increasing medical plan spending.

For employees, supplemental health benefits can help fill coverage gaps, offe

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