Critical Illness insurance helps relieve financial strain for employees in the event of a covered serious illness. Claims payments are made in lump sums for eligible conditions. The funds can help cover deductibles, copays, and other expenses not covered by most medical plans.

Benefits compliance services can help ensure your business stays compliant amid ever-changing legal regulations. Staying on top of the latest developments at the federal and local levels is a time-consuming task, and many businesses find that getting professional assistance saves time - and therefore money.

Our ACA compliance services help make sense of this complex legislation and track changes that could be on the horizon. Our team can assess the impact of the employer-shared responsibility rules and suggest a variety of solutions for employer-provided health benefits. We can help you determine whether you fall under ACA requirements, review staffing structure to see how it impacts qualification, evaluate affordable coverage options, and assist you with ACA compliance.

Self-funding (aka self-insured insurance) is a health plan in which an employer selects an insurer to partner with  but then pays for their employees' health care claims. In a self-funded plan, employers set aside money into a “fund” or trust that's earmarked to pay their employees' health care claims.

Comprehensive identity protection gives employees proactive monitoring and features designed to help protect themselves from ever-evolving risks. Plus, they can rely on full-service remediation and identity theft expense reimbursement, should the worst occur. Providing identity protection as a benefit can help you ensure your employees stay engaged, while also looking out for your bottom line.

Employee wellness programs are programs initiated by an employer to improve the physical and mental health of employees. Along with health insurance, wellness plans are one of the most highly sought-after health benefits. Many wellness programs offer premium discounts, cash rewards, gym memberships, and other incentives to participate in a healthy lifestyle, and can include programs to help participants with smoking cessation, diabetes management, weight loss, and preventative health screenings.

An employee assistance program (EAP) is a free, voluntary, and confidential work-based intervention program designed to identify and assist employees in resolving personal problems (e.g., marital, financial, or emotional problems; family issues; substance/alcohol abuse) that may be adversely affecting the employee’s performance.

In a defined contribution plan, such as a 401(k) or 403(b) plan, the employee and/or the employer contribute to the employee's individual retirement account at a set rate, such as 5 percent of earnings annually. These contributions generally are invested on the employee's behalf. The employee will ultimately receive the balance in their account, which is based on contributions plus or minus investment gains or losses. The value of the account will fluctuate due to the changes in the value of the investments. Employee contribution can reduce current taxable income, as contributions are typically taken pre-tax via paycheck deduction.