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Supplemental insurance is additional insurance that you can purchase to help you pay for services and out-of-pocket expenses that your regular insurance does not cover. The cash can be used to cover lost wages, co-pays, deductibles, transportation related to your health condition, or used to pay for food, medication, and other unexpected expenses you have due to an illness or injury.

Supplemental insurance offerings can be part of an effective strategy to provide protection and value for employees at an affordable cost and can also help small businesses in attracting and retaining top talent in today’s increasingly competitive market. Simply, your company is more attractive to new potential hires.

Some popular supplemental plans offered are short- and long-term disability, life insurance, vision, accident, critical illness and dental. While the cost sharing of these plans vary, it always benefits employers to offer these plans.

Most importantly, these plans are at an employee-paid level. Offering the ability for employees to have access to these insurance plans if they want and need them are at no expense to the employer and can be deducted thru payroll.

These programs are meant to protect individual assets and show value for the Employer and Employee. To learn more, call me for a no obligation review. I will help you understand the benefits to attract and retain your staff.