Medical

As a leader in group medical insurance, Strategic Benefits Solutions works with clients of all sizes, industries, geographical locations and funding levels. We help businesses evaluate their current offerings, benchmark those plans to those of employers in your area, and then provide a simple plan and price comparison from which you can make an educated decision. We are top tier producers with United Healthcare, Medical Mutual of Ohio, Anthem, Humana, and Aetna.

24 x 7 Access to Doctors + Proactive Mobile App = Happy  Employees

Whenever your employees have questions or they are simply not feeling well, they can effortlessly connect to HealthiestYou, a 24x7 telehealth hotline for the diagnosis and treatment of illness, second opinions and consultations. We have board-certified, licensed physicians in every state waiting to provide exceptional care. They can even prescribe medication and save a trip to the doctor's office, whether your employees are at home or on the road.

Health Reimbursement Accounts

If your company offers a health plan, you may establish a health reimbursement arrangement. An HRA is an IRS-approved, employer-funded, tax advantaged employer health benefit plan that reimburses employees for out of pocket medical expenses and individual health insurance premiums. The employer makes contributions to an employee’s account and provides reimbursement for eligible expenses. A health reimbursement arrangement is an excellent way to supplement health insurance benefits and allow employees to pay for a wide range of medical expenses not covered by insurance.

Disability Insurance

What would happen if an injury or illness prevented your employee from working and earning an income? Disability insurance provides an income when he or she is not able to work because of a covered illness or off-the-job accident. Primary wage earners in a family should be covered by disability insurance.

Wellness Programs

Approximately two-thirds of all deaths in adults aged 25 years and older in the United states today can be attributed to cardiovascular disease, cancer and diabetes. The primary causes for these conditions are four preventable risk factors – tobacco use, poor eating habits, inadequate physical activity and being overweight. A well designed Employee Wellness Program can directly affect employee absenteeism, health care costs, workers’ compensation claims and premium, lost productivity, and disability. A study done by the University of Michigan found that for every dollar spent on offering wellness; an average of $3.50 was saved.

Dental

Regular exams and cleanings from your dentist help teeth and gums stay healthy. There is increasing evidence linking our oral health with our general health.By placing an emphasis on prevention, and by covering regular teeth cleanings and check-ups, Americans saved nearly $100 billion in dental care costs during the 1980s

Vision

Vision insurance is a wellness benefit designed to reduce the costs of routine, preventive eye care such as eye exams, eyewear and other services. Potentially high costs of routine eye examinations and prescription eyewear can be of real concern, especially for large families. Vision insurance policies typically cover routine eye exams and other procedures, and provide specified dollar amounts or discounts for the purchase of eyeglasses and contact lenses. Some vision insurance policies also offer discounts on refractive surgery, such as LASIK and PRK.

Voluntary Products

Strategic Benefits Solutions is able to help you offer, at your employees’ expense, a wide variety of voluntary products. You might be familiar with dental, vision, life and disability. However, there are many other insurance products to consider: critical illness, telemedicine, gap health coverage, accident, cancer, and more.

Pre-tax Plans

The Premium Only Plan is the building block of the Section 125 Plan. It allows for certain employee paid group insurance premiums to be paid with pre-tax dollars. Employees can reduce their taxable income by 20 – 40%. The savings are on city, state, and federal income taxes, including Social Security and Medicare. Employers save the matching Social Security (6.20%) and Medicare (1.45%) taxes, which equates to 7.65% (1.45% for municipalities) of all the dollars put through the plan, resulting in a substantial savings.

Flexible Spending Accounts

If your company offers a health plan, employees may opt to have a Flexible Spending Account. An FSA allows a fixed amount of pre-tax wages to be set aside for qualified expenses. Qualified expenses may include child care or uncovered medical expenses. The amount set aside must be determined in advance and employees lose any unused dollars in the account at year-end.

Health Savings Accounts

HSAs are tax-advantaged savings accounts used with qualified health insurance plans. Employees can take more control of their healthcare costs and save on premiums with an HSA.

COBRA

COBRA provides certain former employees, retirees, spouses, former spouses, and dependent children the right to temporary continuation of health coverage at group rates. Health coverage for COBRA participants is usually more expensive than health coverage for active employees. This is because employers usually pay a part of the premium for active employees, while COBRA participants generally pay the entire premium themselves. We can help you set up your COBRA coverage, or help you find a better health coverage alternative.