Employer Services

We partner with our employer groups and their members to promote healthy behaviors and improve health care decision-making. More than any other health plan, we respond to our members’ needs with tailor-made programs and resources that support them in improving their health and making the most of their benefits.

Medical

Health insurance is defined as coverage that provides for the payments of benefits as a result of sickness or injury. It includes insurance for losses from accident, medical expense, disability, or accidental death and dismemberment. A choice of either personal or employer sponsored insurance policy that provides financial protection in whole or a part of the risk of a person incurring medical expenses. The insurer can develop a routine finance structure, such as a monthly premium to provide the money to pay for the health care benefits specified in the insurance agreement. Choosing the healthcare solutions that best suits you and your family is paramount in today’s market options.

Life/Disability

One of the key financial protection tools for you or your family. Life policies are legal contracts and the terms of the contract describe the limitations of the insured events. Life-based contracts tend to fall into two major categories:
• Protection policies – designed to provide a benefit, typically a lump sum payment, in the event of a specified occurrence.
• Investment policies – the main objective of these policies is to facilitate the growth of capital by regular or single premiums.
A contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder). Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policyholder typically pays a premium, either regularly or as one lump sum. Other expenses, such as funeral expenses, can also be included in the benefits.

Dental/Vision

Maintaining good oral health is one of the most important factors of your overall health and wellbeing. Dental & Vision insurance, does work differently than health insurance; you pay a monthly, a set percent of coverage based on services that might include a deductible or copay up to the calendar year maximum limit per year. The coverage stops entirely when the insurance company’s payout reaches that maximum benefit amount for that year.
Considering all this, while it is possible that having dental insurance could save you money, it is also totally possible that you would be better off paying for your care out of pocket. Take a good look at the benefits of dental insurance policies and do some rough math to decide whether it will likely be a good deal for you, rather than just assuming it is a good idea because it is insurance.

HRA, HSA, FSA

This content came from here. Health savings accounts (HSAs), health reimbursement arrangements (HRAs), and flexible spending accounts (FSAs) can all help you pay for qualified expenses related to your health care, which frequently include things like deductibles, copays/coinsurance, and prescription costs. However, there are some important differences you should consider when determining which account is the best fit for your needs.

Wellness Plans

This content came from here. A program intended to improve and promote health and fitness that’s usually offered through the workplace, although insurance plans can offer them directly to their enrollees. The program allows your employer or plans to offer you premium discounts, cash rewards, gym memberships, and other incentives to participate. Some examples of wellness programs include programs to help you stop smoking, diabetes management programs, weight loss programs, and preventative health screenings.

Group Medicare

This content came from here. Medicare Advantage Plans, sometimes called “Part C” or “MA Plans,” are offered by private companies approved by Medicare. If you join a Medicare Advantage Plan, you still have Medicare. You’ll get your Medicare Part A (Hospital Insurance) and Medicare Part B (Medical Insurance) coverage from the Medicare Advantage Plan and not Original Medicare. Medicare Advantage Plans cover all Medicare services. Most Medicare Advantage Plans also offer extra coverage, like vision, hearing and dental coverage. 

Medicare pays a fixed amount for your care each month to the companies offering Medicare Advantage Plans. These companies must follow rules set by Medicare.  Each Medicare Advantage Plan can charge different out-of-pocket costs. They can also have different rules for how you get services.

 

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401K

This content came from here. Bank on Yourself vs. the Stock MarketBank On Yourself vs. Your 401K PlanBank On Yourself vs. a Roth IRABank On Yourself vs. Real Estate and Other Investments. Bank on yourself vs. savings accounts on Yourself vs. Buying Term and Investing the Difference
401K plans are the most common option used by Americans to grow a nest-egg for retirement. However, they come with numerous drawbacks, 401K withdrawal rules and restrictions which are spelled out below. We’ll also look at how 401Ks compare with using Bank On Yourself as a 401K alternative, when flexibility, control, tax advantages and guarantees are important to you.