Health Insurance is One Part of an Employee Benefits Package. What Makes Up the Rest?
In addition to health insurance, employees are now expecting to have a comprehensive benefits package that includes dental, vision and life insurance, as well as health-club memberships, disability and worksite voluntary benefits.
At Commonwealth Insurance Partners, we begin there … learning ‘who’ your company is, what is important to your employees, and what type of benefits would create the greatest value for retaining and motivating them. We then custom-design a company benefits package that keep your compensation competitive while maintaining lower costs.
Here are the most common components of an Employee Benefits package for Kentucky employers:
- Long Term Disability
- Short Term Disability
- Basic and Voluntary Life Insurance
- Accidental Death and Dismemberment
- EAP (Employee Assistance Program)
- TeleHealth (remote/virtual/online)
- Benefits Administration
(through programs such as
“Ease” and “Employee Navigator”)
- Supplemental Insurance:
- Critical Illness
What Else? Beyond the health care coverage, we manage your Employee Wellness packages that integrate wellness components, which depend on what your employees need … anything from health-club memberships to stress reduction, smoking-cessation programs, Employee Assistance Programs and financial well-being management.