Enhance The Benefits Your Company Offers - At No Direct Cost To You

The figure below outlines how your firm and your employees benefit financially from implementing supplemental insurance.

In the left box, we see the common way of paying for premiums. In the right box, we see the advantage of pre-taxing the program. You can see that both parties benefit from this arrangement.

Some employers may object to having benefit presentations "on the clock". This illustration (light green) includes the calculation of the cost of having a presentation done "on the clock". These are "soft costs" as there is no actual charge for the presentation. The same goes for the "soft cost" of an individual follow-up meeting.

This figure shows a typical return on investment for a business by implementing a plan. We haven't found that you can boost the ROI by skipping the soft costs since there is a coresponding decrease in yield. It is a cost of doing business correctly and is required to optimize your savings. When done properly, our statistics show an average 60% participation rate and our premium figure is based on industry averages.

Your mileage may vary, but this figure illustrates the benefit for both parties to consider implementation.

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In this illustration we assumed that your firm currently has a cafeteria plan. This is why we do not show any additional savings in the "Other Plans under Cafeteria" slot. If your firm does not have a cafeteria plan, you may save additionally by placing core health programs in a pre-tax Cafeteria plan. Generally there is a small charge to set up a plan, but often it is free when these programs are offered.

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