A strategic, high-quality benefits package can help you attract and retain top-tier employees. Benefits packages provide value to your workers while also keeping them healthy and productive. While some benefits, such as medical insurance, are generally required by law, other benefits are optional. RDS Insurance Brokers will work with you to design a comprehensive and competitive employee benefits package that is attractive to your employees and affordable for you.
Group Medical Coverage
Offering your employees their choice of medical plans ensures that you are competitive within your industry. You may offer your workers a choice of different plan types that include, but are not limited to, the following:
- Preferred provider organization (PPO)
- Health maintenance organization (HMO)
- Health savings account (HSA)
- Point of service (POS)
Contact RDS Insurance Brokers for more information about which plan(s) may be best for your business.
Group Dental and Vision
Dental and vision insurance are often offered as supplemental coverages to group medical insurance. Some employers may consider scaling back on dental benefits to control costs; however, this is not necessarily the best option. Employees see high value in good dental care.
Likewise, vision insurance is sometimes undervalued by employers while employees tend to see it as a high-value component of an employer-sponsored benefits package. Vision insurance supplements the costs of visits to the optometrist and the purchase of contact lenses or glasses, all with a nominal cost to employers.
Group Life Insurance
Group life insurance may be employer- or employee-sponsored. Coverage is generally quite affordable for employers because group plans spread risk over many people rather than a select few. Group life coverage is also advantageous for employees, as it is cheaper to purchase a group plan than purchase coverage on the individual market. As a voluntary benefit, life insurance can be vital in attracting top talent to a business at a reasonable cost to business owners.
Other Voluntary Benefits
Consider offering other optional employee benefits including the following:
- Long-term care insurance
- Disability insurance (short term or long term)
To learn more about the services we offer, contact RDS Insurance click on Request a Quote or call 800-609-2126.