Employee Wellness Programs
Customized Group Benefit Plans | Flexible Health Care Spending Accounts
Retirement Savings Plans
Offering benefit plans allows you to attract talented individuals to your organization and helps retain the employees you already have. It fosters a culture of health and wellness at your workplace and shows that you are invested in your employees’ overall quality of life. Benefit plans are also tax-efficient, with the premiums your company pays being a tax-deductible business expense.
A benefit plan is valuable protection for your employees that will help them offset health care costs they would otherwise be paying out of their own pocket. It has been shown that for employers who show that they care, employees often apply their best efforts to their work. And any reimbursements from the plan are a taxable benefit to the employee, another big positive.
Health Care Spending Accounts
These offer offer ultimate flexibility and control. As the business owner, you set the maximum amount your employees can spend on healthcare-related expenses. A list of approved expenses is available (including dental expenses), and the employee can spend their allotment on any of the covered items.
Insured Health & Dental Plans
As the business owner, you pay a monthly premium for your employees to be covered by a plan offered by an insurance company. The insurer pays the cost of any claims submitted and can adjust the premium annually based on plan use. This is true insurance, so if a severe illness is encountered, prescription drug costs are covered by the insurer.
Offering the two plans in combination can provide your employees with the best coverage design. We invite you to take advantage of a free consultation to see how we can help you build a plan that your employees will value, and that is affordable for your business.