There are so many details involving employee benefits. Let us do the hard work for you by finding you the best benefits package possible for your employees! A good Professional Employer Organization (PEO) will offer your company access to competitively priced employee benefit plans. By pooling businesses together under one group, PEO’s have the benefit of getting great prices from insurance carriers. Those savings can then be passed to your company! PEO’s provide access to a wide range of employee benefits that are difficult to navigate individually. Here are some PEO employee benefits:

PEO’s can offer access to Health Maintenance Organizations (HMOs) and Preferred Provider Organizations (PPOs). Both options offer a range of options with various deductibles and co-pays. Prior to implementing the health insurance plan, PEO’s will assist with the time intensive process of plan enrollment, terminations and premium payments. Please also know PEO’s can offer Individual Health or Group Health Plans that are specifically tailored for your needs. Those options have rewards and drawbacks and should be decided upon based on the needs of your employees. 

PEO’s also have network providers and plans available in states, metro areas and on a national level. For example, if your company has employees across the United States, a PEO with a strong national plan may be the best option for you. But, if your employees are based in a specific area, a good in-state plan may offer the best benefits for your employees and cost-savings for you.

There’s more to employee benefits than health insurance policies. PEO’s can also provide a variety of choices for Dental Plans, 401K Plans, Accidental Death and Dismemberment, Short Term Disability, Long Term Disability, Term Life Plans, Flexible Spending Accounts, Vision Plans and more. A good PEO will be familiar with supplemental benefits in your state and will be able to help you navigate through the process.

 

With the right people on your team to help, you will be able to tailor an overall employee benefits program that is right for both your company and your workforce!