Worksite Group Benefits

 

What are worksite group benefits?

Worksite group benefits are non-wage compensation type benefits provided to the employees of a business in addition to their normal salaries. Examples of such voluntary benefits include

·         Cancer Insurance

·         Accident Insurance

·         Disability Insurance – Short Term and Long Term

·         Critical Care Insurance

·         Life Insurance

·         Dental insurance

·         Vision Insurance.

These benefits are usually set up as group plans and employees choose to participate or not. These benefits assist employees in offsetting gaps created by high deductibles and rising co-pays and fulfilling individual insurance needs.

The employee pays the monthly premiums through payroll deduction.

Worksite benefits can be complex subjects with many coverage variations and many deductible options from which to choose. It is always best to consult a knowledgeable worksite benefits insurance agent.