Voya Financial, Inc. announced that it continues to enhance its growing portfolio of workplace benefits by offering an innovative, technology-enabled solution to help employees ease the burden of out-of-pocket medical costs. Voya Protect, a new Group Limited Benefit Insurance powered by the insurance technology company Ansel Health, is a supplemental health offering that is designed to pay benefits quickly and easily when covered conditions are diagnosed. Extensive ?

Voya Protect pays benefits for more than 13,000 covered conditions, which are determined by International Classification of Diseases (ICD-10) diagnostic codes. Three categories of coverage ? moderate, severe and catastrophic ?

are available, covering conditions like simple fractures and concussions to more complex medical issues, such as a stroke or heart attack. Plus, there are no limitations or exclusions for pre-existing conditions and no medical underwriting requirement. Efficient ?

The claims experience for employees is simple. A covered individual can file a claim in minutes, either online or by using the app. Eligible, approved benefit payments are typically made within 72 hours.

The benefit payment (with amounts determined by the employer within approved plan ranges) can be used for any purpose, including paying bills ? such as mortgages, rent and utilities ? or covering other out-of-pocket medical costs, including co-pays, deductibles and coinsurance.

Easy ? Administration is simple for employers with self-administered billing and a single certificate that can be distributed or posted for employees. In many cases, Voya will be able to automatically pay customer claims when an event occurs via integration with medical claims data, offering a more streamlined and enhanced experience for both employers and employees, particularly when an insured may have overlooked a claim opportunity.

Voya Protect was also designed to be compatible with health savings accounts (HSAs).