Voluntary Benefits Program Exceptional Value to Manage Employee Benefit Costs for Health, Disability, Asset and Income Pro...
The Facts <ul><li>A voluntary Benefits Program is not health insurance </li></ul><ul><li>Pays cash to employee  </li></ul>...
Employee Advantages <ul><li>Advantageous group payroll rates </li></ul><ul><li>Employee has choices to fit personal needs ...
Employer Advantages <ul><li>No direct cost to the employer </li></ul><ul><li>Saves on FICA and FUTA taxes </li></ul><ul><l...
Choice of Plans <ul><li>Accident </li></ul><ul><li>Short Term Disability  </li></ul><ul><li>Life Insurance  </li></ul><ul>...
Choice of plans <ul><li>Employee chooses  benefit levels to fit desired cost and coverage </li></ul><ul><li>No wait for pa...
Choice of plans <ul><li>Cancer Plan to provide lump sum up front </li></ul><ul><li>Benefits that match all treatment level...
Next <ul><li>Take time to review current benefit program with benefits consultant </li></ul><ul><li>Match programs to fit ...
Ginny Mitchell Brief Bio <ul><li>25 years experience and  graduate education in the fields of business, employment law, he...
For more information and program details please contact me at:   603-801-0170  or email me at:    [email_address]
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Voluntary Benefits[4]

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The supplemental or voluntary benefit plan is growing rapidly as businesses and individuals seek to offset the costs of high deductible health plans, hold the line on rate increases, and provide needed cash benefits for an unplanned medical event that distrupts income and to manage hidden and out-of-pocket medical costs.

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Voluntary Benefits[4]

  1. 1. Voluntary Benefits Program Exceptional Value to Manage Employee Benefit Costs for Health, Disability, Asset and Income Protection.
  2. 2. The Facts <ul><li>A voluntary Benefits Program is not health insurance </li></ul><ul><li>Pays cash to employee </li></ul><ul><li>Is affordable through convenient payroll deduction </li></ul><ul><li>Manages exposures not covered by </li></ul><ul><li>health insurance or workers’ compensation </li></ul>
  3. 3. Employee Advantages <ul><li>Advantageous group payroll rates </li></ul><ul><li>Employee has choices to fit personal needs </li></ul><ul><li>Can also cover spouse and children </li></ul><ul><li>Claims are usually paid in 3 days </li></ul><ul><li>Employees keep plans if leaving employment </li></ul><ul><li>Rates are fixed permanently </li></ul>
  4. 4. Employer Advantages <ul><li>No direct cost to the employer </li></ul><ul><li>Saves on FICA and FUTA taxes </li></ul><ul><li>Can help manage health plan costs </li></ul><ul><li>Only 3 employees necessary to get started </li></ul><ul><li>Easy to administer </li></ul><ul><li>Helps to attract and retain employees </li></ul>
  5. 5. Choice of Plans <ul><li>Accident </li></ul><ul><li>Short Term Disability </li></ul><ul><li>Life Insurance </li></ul><ul><li>Sickness & Hospitalization </li></ul><ul><li>Dental & Vision </li></ul><ul><li>Cancer & Specified Health Event </li></ul>
  6. 6. Choice of plans <ul><li>Employee chooses benefit levels to fit desired cost and coverage </li></ul><ul><li>No wait for payments to begin for accident, and on eighth day for sickness </li></ul><ul><li>Can be used as supplemental policy for disability </li></ul>Short Term Disability <ul><li>$1,000 to $2,000 Cash upfront and daily cash for ICU and regular room charges </li></ul><ul><li>Doctor visits, diagnostic exams, surgical benefits outpatient and inpatient </li></ul><ul><li>Ambulance, Transportation and Lodging Benefits </li></ul>Sickness & Hospital Plans <ul><li>Accident plans pay 24/7 on or off the job, with cash for going to the doctor or ER within 72 hours of an accident </li></ul><ul><li>Includes Life Insurance and Death and Dismemberment Benefits </li></ul><ul><li>Guaranteed issue, no health questions </li></ul>Accident Plans
  7. 7. Choice of plans <ul><li>Cancer Plan to provide lump sum up front </li></ul><ul><li>Benefits that match all treatment levels used today </li></ul><ul><li>Heart attack, coronary bypass surgery, stroke, end-stage renal failure, paralysis, coma, and more </li></ul>Cancer & Specified Health Event <ul><li>No physical exam required, </li></ul><ul><li>Policy issued immediately once underwritten </li></ul><ul><li>The policy belongs to the employee, not the company </li></ul>Life Insurance <ul><li>Dental can be offered as an elective benefit </li></ul><ul><li>Vision can be offered as an elective benefit </li></ul><ul><li>Expanded benefits from traditional plans </li></ul>Dental & Vision
  8. 8. Next <ul><li>Take time to review current benefit program with benefits consultant </li></ul><ul><li>Match programs to fit the needs for employees </li></ul><ul><li>based on review </li></ul><ul><li>Set up plan of action – it’s easy! </li></ul>
  9. 9. Ginny Mitchell Brief Bio <ul><li>25 years experience and graduate education in the fields of business, employment law, healthcare and employee benefits. </li></ul><ul><li>Specializing in the rapidly expanding area of voluntary benefits, providing an opportunity to help employees, self-employed business men and women and their families to access protection for their business and personal financial life. </li></ul><ul><li>Passionate about assisting clients with their concerns and providing the best possible service. </li></ul>
  10. 10. For more information and program details please contact me at: 603-801-0170 or email me at: [email_address]

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