Employer Adoption Assistance Programs

Employer Adoption Assistance Programs 2018-03-21T18:17:04+00:00

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.

Source: Dave Thomas Foundation for Adoption

Maintain a competitive edge in employee recruiting

0%
of employers now offer adoption assistance benefits

Source: Aon Hewitt

ConnectYourCare Adoption Assistance Solution

Help put your employees’ minds at ease by assisting with their qualified adoption-related expenses.

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.

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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

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