Helping Your Business Succeed! - IBS: Services
As the importance of employee benefits grow in developing employee commitment and loyalty, providing the right package is critical to your business success. Designing the right benefits package demands careful analysis of your business goals and strategic priorities. Your IBS Benefits Professional can help you design a benefit package in the most cost effective way. Let IBS help your business in the areas of:
Group Benefits
Group Medical (Health) Plans
Voluntary Benefits
Employee Benefit Communication Services
Benefit Cost Containment Consulting
Executive Benefit Plans
Business Continuation Planning
Estate Planning
Insurance Carrier Partners
IBS is proud to partner with many of the top insurance carriers in the industry to offer the right coverage to fit your unique business needs.
Insurance Carrier Partners
Employee benefits will continue to have a significant impact on your ability to attract and retain the best people. It is important to maximize every benefit dollar by ensuring it is invested on benefits that are most important to your employees.
Group Benefits
Group benefits describe employee benefits which are provided and paid by an employer. Designing a cost effective group benefit program demands careful analysis of your your employee needs, business goals and financial objectives. We analyze your current benefit program looking for ineffective, overlapping, or unnecessary benefit features. Using our creative and innovative approach to benefit design we can help you take advantage of the latest healthcare trends, product offerings, and healthcare legislation. We can design an comprehensive yet integrated program of employee benefits which can include:
- Major Medical Plans
- Dental Plans
- Vision Plans
- Short-Term Disability (STD)
- Long-Term Disability (LTD)
- 401(k)/Retirement
- Section 125 (POP, FSA, and Cafeteria Plans)
- Section 105(h) (Medical Savings Accounts)
Ask your IBS Benefits Professional to design a cost effective comprehensive program that best fits your individual business needs.
Major Medical (Healthcare) Plans
Comprehensive Major Medical coverage is the heart of an employee benefits program. Designing the best benefit plan to meet your specific needs depends on your broker's knowledge, skills, and experience of the marketplace and their ability to aggressively negotiate on your behalf, and a broker's understanding of your business, your employees, and your financial objectives. Group Medical options include:
- Fully-Insured Health Plans
- Self-Funded Health Plans
- Minimum Premium Health Plans, or
- New Consumer Driven Health Plans
Ask your IBS Benefits Professional to design a cost effective major medical plan that is tailored to your unique business needs.
Voluntary Benefits
Elective, Voluntary, and Worksite Marketing are the same terms for employee benefit plans offered on a voluntary basis at no direct cost to you as an employer. A voluntary benefit program provides employees access to needed benefits at a reduced cost and with more favorable underwriting than they can buy on their own. Your business can enhance their existing benefits package with voluntary benefits and limit involvement without incurring any new "hard dollar" costs, while enhancing your employee relations. Voluntary benefits that you can make available at no cost to you include:
- Accident
- Catastrophic Illness
- Dental
- Life Insurance
- Long-Term Care
- Long-Term Disability (LTD)
- Short-Term Disability (STD)
- Supplementary Health Insurance
Ask your IBS Benefits Professional to design a comprehensive voluntary program that best fits the needs of your employees.
Employee Benefit Communication Services
The overall success of any employee benefits program depends on how effectively it is communicated to the employees. We offer a wide range of communication services to help employees understand and evaluate both their basic and optional benefits, learn about important plan features or changes so employees can make informed decisions about their benefit choices and appreciate the value of their benefit package. Communications options available to you include:
- Enrollment meetings (On-site, On-line, or IVR)
- Individual benefit summary packages
- New-hire enrollment support
- Benefit Fairs
- Payroll stuffers or flyers
- Employee benefits website for your business on BenefitCare.com
Ask your IBS Benefits Professional to design a program which best meets the needs of your employees.
Benefit Cost Containment Consulting
Employee benefits can be tremendously expensive to your company's bottom line. Your IBS Benefits Professional can design the most cost effective means to help you contain and occasionally lower your present benefit costs.
Executive Benefit Plans
Attracting and retaining top executive talent is critical to the leadership of any organization. Structuring programs specific to the needs of executives and owners maybe critical to your own success. Your IBS Benefits Professional can design programs to provide a way of divesting owner assets and provide incentives packages to retain your top talent.
Business Continuation Planning
In today's business environment buy-sell and key-man programs are critical elements for continued success of any business due in part to the death, retirement, or disability of a partner or key individual in a corporation. Your IBS Benefits Professional can tailor a program to meet your specific business goals and needs.
Estate Planning
It can take a lifetime of effort to build a valuable estate, so it's only wise to guard all that hard work with a comprehensive estate plan. Otherwise, most of your assets could end up in the wrong hands, e.g. tax collectors, creditors, or other "outside" parties. Your IBS Benefits Professional can design a plan to protect your estate by providing for the transfer of an estate in a way that meets your individual objectives.
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