In addition to employer paid benefits, such as Life, AD&D and Disability, many employers provide employee benefits on a voluntary, payroll-deducted basis so that their employees can purchase coverage at premiums they can afford. Combined Services represents multiple insurance companies in order to secure the best coverage at favorable rates for their clients.
Flexible Spending Accounts (FSAs) can effectively reduce employee benefit costs by using pre-tax dollars for eligible medical and/or dependent care expenses. FSAs are funded by employees, by the employer or by a combination of the two. Health Reimbursement Arrangements (HRAs) are funded by the employer, providing comprehensive benefits without putting more of the cost burden on the employee. Both options feature low set-up and processing costs for the employer.
The Choice Care Card – an employer sponsored healthcare debit card – employers are able to combine an HRA, an FSA and any higher deductible health insurance program to create a genuinely consumer-driven health plan. The automated claims feed that they receive from BCBSVT makes substantiation better, faster and easier. Employees enjoy the freedom of choice to make the healthcare decisions and purchases that make the most sense for them and their families.
COBRA can be burdensome for employers to manage. The rules and regulations of COBRA are complicated and, as Congress passes new legislation, those requirements continue to change. Combined Services has provided COBRA administration to employers since 1987, and with this service, employers can lighten the load for their HR staff and be confident that Federal guidelines are being met.
Northeast Delta Dental offers quality, affordable dental plans that cover employer groups and individuals throughout northern New England. There is little or no paperwork for employees because each participating dentist files claims directly with Northeast Delta Dental. Find out more about dental plans at their website.
Vision Service Plan (VSP) provides full-service plans that cover vision exams, contact lenses and eyewear. VSP delivers discounts on lens options so members will typically experience lower out-of-pocket expenses. Vision plans are flexible and can be customized to fit the needs of the employer.