- Maximum Annual Benefits
- How are the benefits paid?
- What about networks & how they function?
- It’s all in the details!
They’ll be jumping for joy…
As a couple of the most desired benefits you’d think more companies would offer dental and vision insurance to their employees. So why don’t they? Probably because you’re not talking about it!!
There’s no denying that taking care of oral and eye health is essential for overall health; problems in the eyes and mouth can cause or be indicators of problems in the rest of the body.
When you’re jumping into the ring, keep in mind there are more carriers than meet the eye (no pun intended), and we use our same methods of analysis and customization as all other ancillary lines.
One of the many things you can always count on from us is to get the
BEST BENEFITS for the LOWEST COSTS,
to both employer AND employee.
And just like all other group ancillary benefits the employer/business owner has the option to:
Don’t forget, a group can be as small as 2 employees!
I think it’s safe to say that all employers and business owners dream of having healthy and happy employees, and the more benefits they’re offering, the better. Let’s help them make that dream come true; they’ll be jumping for joy!
Have you heard about the integral role Voluntary Benefits will be playing in the future of employee benefits??? If you are a group producer, we are certain you have!
For some companies, many of these benefits will be offered in lieu of the employer paying due to cost of providing health benefits to employees. For others, it is a mechanism to enhance the value of being an employee of that business.
So what is being offered in today’s Voluntary (or Buy-Up) marketplace? It’s not just your group life, short or long-term disability, accident insurance, vision, or dental. Today, the offerings go on to such plans as whole life, universal life, critical illness, legal shield and/or identity theft, concierge services, pet insurance, homeowners, and the like! There appears to be no limit to what is being offered depending on the industry and company location.
Other changes to consider are the manner in which these benefits are offered. We still have the traditional face-to-face group meetings followed by the one-on-one. However, if there is a large group, that process is far too cumbersome and time consuming; that said, some insurers are offering to do this for you with no loss of compensation.
As a rule, if the case is large enough, you will want to offer a specialty web portal for the company that includes training pieces to help the employee (and their family) make the proper voluntary benefit selection. At the very least, you will want online or telephonic enrollment. The latter’s’ benefit is that there is a person that can help the employee to better understand what they have available.
Taking this to the next level are carriers that provide these benefits not on a group chassis but on an individual (and portable) platform. Do not get lost in the analysis and try not to over complicate the process. Even if you have an enrollment company assist you, it is better to let a group of professional enrollers take on the case then to sit and learn on the job. The overall enrollment will increase and your client will be far happier with the results.
From the less expensive group basis to the individual platform, we can help you and your clients make the best-informed decision. Please let us know how we can together, help your clients tailor and enhance their benefit offerings.
Having spent the first half of this year on Disability products in both the personal and business realm, it’s safe to say we are passionate about income and business protection!
For those that are business owners and/or selling to the business community, let’s now talk Group Short and Long Term Disability.
Why Group STD and LTD?
As experts in the field of employee benefits and disability insurance we can support you whether you are a broker or employer. If you are an employee and your company doesn’t offer benefits, we will be happy to start the conversation!
At Insurance Specialties Inc., we are here to help you design and implement the most comprehensive and competitive plan(s) based on the carrier strength, occupation, health, and goal(s) of your client.
It is our advanced knowledge and understanding that drives us forward. Let us share our expertise with you!