SAVING MONEY on employee benefits is a must in today’s economy. The cost of providing benefits is rising significantly, while employees consistently seek more and more from their benefits packages. Many employers struggle to balance employee needs with their own capabilities and bottom lines. Helping you meet these divergent objectives is our specialty.
For years, AGENCY NAME has been providing insurance and employee benefits consulting services to the business community. Built upon a tradition of integrity, industry leadership, and excellence, we are committed to delivering tailored benefit solutions with thoughtful strategic planning, valuable professional services, and technology-based solutions.
Our staff of experienced benefits professionals can develop benefits programs that make sense for your company and your employees. We have specialists in all lines of employee benefits, with the experience and know-how to keep your programs running smoothly and your employees happy.
We specialize in a wide variety of plans and lines of coverage, including:
A fully-insured health plan is the traditional model of structuring an employer-sponsored health plan and is the most familiar option to employees. On the other hand, self-insured plans are funded and managed by an employer, often to reduce health insurance costs.
Group life insurance is a single contract that provides life insurance coverage to a group of people, usually employees of the same company. The employer owns the policy, and certificates of coverage are issued to the employees. If an employee dies while covered by the policy, their beneficiaries receive a payout.
Group accidental death and dismemberment (AD&D) insurance is a workplace benefit that can help protect your family's finances if you die or are seriously injured in an accident. It can also supplement your life insurance coverage.
Group dental insurance is a benefit that employers offer to their employees and their dependents to help pay for dental care. It's a type of group insurance, which is coverage that's issued to a group of people as part of an employee benefits package. Group dental insurance can help employees stay healthy and productive in the workplace, and regular dental exams can help detect serious conditions.
A 401(k) plan is a retirement savings plan that allows employees to contribute a portion of their wages to an individual account, and employers can also contribute. The plan can be part of a profit-sharing, stock bonus, pre-ERISA money purchase pension, or rural cooperative plan.
Payroll services are third-party providers that help companies process payroll and calculate payroll taxes. They can also help with other HR-related tasks, such as time tracking, new hire reporting, and employee benefits administration. Payroll services can be a big help for small businesses, and can help companies keep their HR staff to a minimum.
Group vision insurance is a type of insurance that provides coverage for vision-related services and eye care to groups of people, usually through their employer.
A group cafeteria plan is a type of health insurance plan that allows employees to choose their own pre-tax benefits. The plan is similar to a cafeteria, where employees can select benefits from a range of options based on their needs and preferences. Cafeteria plans are also known as Section 125 plans because they follow the requirements of Section 125 of the Internal Revenue Code (IRC).
Group voluntary benefits, also known as voluntary group insurance, are optional benefits that employers offer to their employees through work. These benefits are designed to help employees address their needs and support their well-being. They are often available at lower rates than individuals would pay on their own.
Group short-term and long-term disability benefits are insurance plans that can help employees who are unable to work due to illness, injury, or childbirth.
Human resources (HR) consulting is a strategic advisory service that helps employers perform critical HR functions. HR consultants are external experts who are hired on a project basis to address specific areas. They can be generalists who help with a broad range of HR needs, or they can specialize in a particular area, like talent management.
A Health Savings Account (HSA) is a savings account that allows you to set aside pre-tax money to pay for qualified medical expenses. You can use HSA funds to pay for deductibles, copayments, coinsurance, and some other expenses. You can also use HSA funds to pay for some dental, drug, and vision expenses.
