Traditional & Non-Traditional Group Health Benefit Plans
If you are a business owner looking for a quote for group health benefits or want to learn about non-traditional (but cost-effective) alternate options, reach out to Dickson Insurance. We can offer competitive pricing for larger group health benefit programs as well as flexible options for smaller businesses that need non-traditional options.
What is FlexSave™?
FlexSave™ is a private health services plan is a great solution for:
- incorporated business owners
- self-employed individuals with employees
What Does FlexSave Do?
Pay the health and dental expenses for business owners and their employees, in the most cost efficient and tax-effective way.
Putting a FlexSave™ Private Health Services Plan (PHSP) in place can provide your employees with important benefits for their health, including flexible Wellness benefits. There has never been a better time to consider offering a health spending account, or a highly valued employee personal spending account (Wellness).
Key Reasons For Choosing FlexSave
- Easy to set the plan up;
- Flexible payment options to pre-fund the benefits or pay-as-you-go;
- Plan management is simple and done online;
- No rate reviews or annual increases based on employee utilization of the plan.
How Can a Business Owner Design the Health Benefits Plan?
You design the time period, what the maximum benefit is and what will happen with the unused benefits. You can choose to include additional options, or not.
BENEFIT PERIOD |
BENEFIT MAXIMUMS |
UNUSED BENEFIT OPTIONS |
| Define what the benefit period is. | Decide what the maximum benefit is. | Choose what you want to do with any unused benefits. |
What else can be included?
WELLNESS BENEFITS |
EMERGENCY COVERAGE |
| Do you want to include taxable wellness benefits? | Do you want to include emergency medical reimbursement? |
How Can I Incorporate Workplace Wellness?
Covid-19 has changed our personal and work experiences, and the worl is becoming aware of our mental and physical health needs. In our opinion, this is such an important area and needs for growth. For these reasons and more Wellness benefits are considered of high value by employees.
The private health benefits plan makes it possible to give employees more chocies and be reimbursed for a wider range of wellness-related things.
Additional Wellness Benefits offer the option to pay for:
Health |
Supplements and items such as masks and gloves. |
Fitness |
Online fitness classes or personal training or new fitness equipment such as an exercise bike, or golf clubs. |
Professional Development |
Courses and coaching. |
Family |
Childcare (yes please!) |
Technology |
Computers, electronic devices, office furniture |
Learn How Flexible Employee Benefit Plans Can Help Business Owners
If you would like to learn how flexible employee benefit planss can help business owners to support their employees (and help retain them!), reach out to us.