The rising cost of employee benefits is a concern in today’s business climate. Employers are searching for solutions to help them achieve their business goals, including group benefit cost containment strategies and creative benefit designs.
Our agent at Medical Solutions NY in Lynbrook, New York, can assist you in designing a group benefits plan that will please your employees and help you contain your group benefits costs.
Voluntary Group Benefits
Voluntary group benefits can be an excellent way to offer a competitive benefits package to employees while managing costs to the company. Employees today want a benefits package that is tailored to suit their needs, and voluntary benefits programs give them what they want. These benefits are offered by employers and paid mostly or entirely by employees through payroll deferral. Common voluntary benefits include:
- Life insurance
- Disability
- Accident insurance
- Cancer and critical illness insurance
- Vision
- Dental
Critical Illness Advantage Benefits
- It covers Alzheimer’s Disease, heart attack, stroke, cancer, and melanoma.
- Lifetime Coverage
- Lump Sum Benefit Amount from 10,000 up to $100,000 on diagnosis
- Express Benefit- No medicals on $10 to $50,000 coverage.
Individual Cancer and Heart Disease Benefit
- Lifetime Coverage
- Lump Sum Benefit from 10,000 to $100,000 for Mutual Of Omaha only
- Aflac only pays $6,000 on initial diagnosis and other benefits offered in the policy
- Express Benefit – No Medicals from 10,000 to $50,000 coverage
- Excellent customer service
Offering group benefits to employees helps keep them happy and engaged. Our team member at Medical Solutions NY will work with you to design a benefit package your employees want while containing costs for your company. Contact us today for assistance from a local agent.