Saving money, while also providing some of the best employee benefits is one of the biggest challenges in the current environment.
The key to being successful here is simply based on getting proper and competitive quotes from the leading insurers. At AIA Direct, we partner with the best group benefit consultants of the nation who help you in shopping and comparing health insurance plans from the leading carriers.
Save your costs by comparing
POS plan- This is a hybrid plan of a health maintenance organization and a preferred provider organization. This plan functions more or less like that of an HMO, except for the fact that it includes a strong network of insured providers. The individuals enrolled in a POS might also seek relevant treatment outside the network, considering the fact that the differences in the costs are paid.
HMO plan- This is a popular and flexibly priced plan that lets you choose from a well connected network of hospitals and doctors. The insurance available here can range from the routine checkups to emergency medical treatment. The solutions provided here are highly comprehensive.
Consumer driven plans
HRA- Also known as the health reimbursement arrangement, this plan offers people several tax advantages which in turn lets both the employer and the employee save money, at the cost of medical care. These plans are usually funded by the employers.
HSA- Health savings account, also known as HSA is an alternative for the conventional health insurance. It is a product that lets the consumers pay for the health care in different ways. These accounts let you pay for your current health expense and also help you to save for any impending medical and retiree health expense on a tax free basis.
Dental plan- The dental plan provides coverage for major dental treatments, preventive maintenance treatments and the restorative treatments. This is one of the best employer benefits to a worker.
Vision insurance- This health care plan lets you take the necessary care of your eyes before and while you develop any critical problem. There are two types of plans, namely the basic and the advanced plan. Under the basic coverage, an employee can get their eyes examined and also receive a pair of contact lens and glasses every year. The advanced care plan will treat other serious eye ailments.
Group life insurance- This is a plan offered by a company to their workers. It includes the comprehensive plans, plans for accidental death, coverage for dismemberment and coverage for business travel accident.
Group disability insurance- This insurance covers an individual’s ability to work and earn wages. It covers the employees for a specific percentage of their regular pay, if on any circumstance; they are not able to work because of a critical illness or injury.
401 (k) plan- This is the employer supported savings account that every employee gets for their retirement. Several companies in the US offer these funds. An employer may or may not choose to enroll in the plan.