Custom Benefits’ Wants to Be Your Human Resource Department.
“To offset benefit plan increases, Custom Benefits often recommends six different options to their clients and quite often, more than one option is selected”.
By shopping around, you can quite often switch insurance carries, keep the same doctors you are used to, and reduce premiums. If you do not look at what else is out there how else will we know how competitive your rates are? Custom Benefits will look at all carriers for you every year to insure you are achieving the best option for you and your employees.
Base Plan Options
The introduction of a base plan can create a win for both the employer and the employees. Your company agrees to pay a percentage of the base premium, and you give your employees the option of buying up to a higher benefits level to suit their specific needs.
Employee Share Costs
The days of employers paying 100% of the premium for benefits are all but gone. It is very common for employees to pay 25% to as much as 50% of the single rate premium.
Prescription Drug Plans
The modification of the prescription drug co-pay is a very popular scenario. This option can be implemented with a minimal impact on employees and can result in substantial savings for the employer.
With health insurance increasing in recent years, employers are being strained to pay for benefits other than medical and maybe dental. With the rolling out of voluntary products such as vision, life insurance, disability insurance or even dental, these can be offered at no cost to the employer and yet the employees reap the rewards of getting these benefits at a discounted group rate they would normally not be able to obtain.
Utilization Of Exclusive Provider Networks
Recently many carriers are offering you the option of keeping your current plan but with the option of utilizing a more exclusive network. This can result in significant price savings in exchange for the restrictive network of doctors.
Custom Benefits has partnered with many unique providers to benefit you and your employees. One of these programs is RxCut which can save you up to 80% on your generic prescription medication and provides huge savings on your brand prescriptions as well. This program is available at no cost to Custom Benefits’ clients and it works no matter if you are covered by one of their clients’ plans or if they have insurance from a different source.
Custom Benefits’ Wants to Be Your Human Resource Department
Every organization has different priorities and objectives, and every solution we design is equally unique. Custom Benefits excels at designing the right strategy that “fits” your organization the first time, as a result of our extensive experience. This strategy comes to you through the right combination of vendors and service that is truly the best in the industry. Custom Benefits’ is a market leader and looks forward to having the opportunity to work for you and your employees.