Why You Should Offer Adoption Assistance Benefits
A Low Cost for High Morale
Adopting a child can cost families up to $40,000, and many are unable to pay for these expenses without employer-provided reimbursement of adoption expenses.
However, less than 1% of employees utilize adoption benefits per year on average, making these cost-effective benefits for employers.
Despite this low usage rate, workers report viewing employers offering adoption assistance programs more positively — including employees with no plans to take advantage of adoption reimbursement.
An employee adoption assistance program is thus an important element for employee retention and recruitment efforts.
Maintain a competitive edge in employee recruiting
Source: Aon Hewitt
ConnectYourCare Adoption Assistance Solution
With ConnectYourCare’s Adoption Solution Program, employees enjoy the benefit of a pre-tax financial cushion and relief from additional paperwork headaches, allowing them to focus on what’s important — their families.
Account Features and Benefits:
Qualified pre-tax expenses include adoption fees and related medical expenses, attorney fees, court costs, and travel costs.
Dedicated project management teams ensure flawless program set up and enrollment.
An enhanced Employer Dashboard places all data and reporting at your fingertips.
Employees appreciate the ease and convenience of online account administration and speedy claims processing.
Live customer service is available 24 hours a day, seven days a week.
Convenience Employees Love
Online participant portal and mobile app
Rapid reimbursements via direct deposit
Easy documentation submission
24/7/365 U.S.-based customer service
How CYC Adoption Reimbursement Works
Employees pay for qualified adoption-related expenses with personal funds.
They submit claims and upload necessary documentation through the participant portal, mobile app, mail, or fax.
Participants receive payments quickly with expedited claim approval and reimbursement.
- That’s it! If they ever have a question or need help, we’re just a phone call away, any time, every day – even on holidays.
- Morale = boosted!
Craft a Benefits Program Right for Your Company
