Group Benefits That Work

Group Benefits are a type of insurance plan where the employer typically pays the premium or pays most of it, and the policy covers whatever is predetermined it will cover up to a ceiling for each employee. With an individual plan, the individual pays the premium.

We can help you design effective group benefits plans which save you money but will make your employees happy.

It becomes important to find out what the employees want in their plan and what they don’t. It makes no sense to pay for certain coverages that employees will not use. Then you can cut what is not being used and potentially add in something they will use.

The big benefit of a group benefit plan is the pool. The more people are in the pool the lower the cost—because there are always some individuals who rarely or never use it.

Having a group insurance benefit plan can also be a very attractive feature for the person considering working there, as it is a nice perk.

Executive Class Benefits

These are health and dental plans that increase with your status in the company. These benefits may include MRI/CT scan funding, USA advanced medical treatments, and tax-free retirement plans.

Self-funded Plan

The pros and cons of self-funded plans. In a self-funded plan, the company (typically a large company) bears the cost and risk of collecting premiums and paying out on claims without using an outside insurance company.

We help clients negotiate the best group benefit program they can get: to save money and save taxes. Contact us today for assistance.