Our experienced benefits professionals take the time to understand your business. They bring bold thinking and industry expertise to help you stay on top of regulations and economic trends and focus on your first priority – recruiting and retaining the best employees. They work as your benefits advocate to keep your organization vital over the long-term.
We offer Group Dental, Group Vision, Health Savings Accounts, Health Reimbursement Arrangements, and HR Support.
FSI sets itself apart by offering all our clients access to BerniePortal, an all-in one HRIS built to simplify HR and benefits administration. BerniePortal alleviates the burden of traditional HR and benefits administration, allowing thousands of human resources professionals across the nation to spend less time on HR administration and more time building the businesses they love.
Which employee benefits are right for your business?
Use the yellow hot spots and explore how employee benefits can help attract, retain and protect your team.
Group Health Insurance
One of the main factors in attracting and retaining good employees is the benefit program offered by employers. This typically starts with your group health insurance plan.
Regardless of the company’s financials, there are ways to make health insurance available to your employees and their dependents. Offering health insurance doesn’t have to break the bank. There are many solutions available to small, mid-size and large employers.
Group Life Insurance
When employees are worried about their financial situation, they may not be as productive. Many individuals today do not have life insurance or adequate savings to cover final expenses, which places additional stress on employees and/or their families when the need arises.
A group life insurance plan can put your employees’ minds at ease, knowing their family will have resources available when they need them. Policies can also include a dependent benefit to help the employee pay for expenses if their dependent passes. Another solution is to offer a voluntary life benefit whereby the employee pays a lower premium through payroll deduction than they would if they found coverage on their own. Group life insurance is also tax deductible.
Many employers are faced with offering lower wages than their competitors and find it difficult to find and retain qualified workers.
Offering a short-term and/or a long-term disability program can provide prospective and current workers with another form of financial stability. An employee may be offered a higher wage elsewhere, but are they offered protection if that paycheck stops due to pregnancy, illness or other disability? How will they pay the mortgage or other bills? Employers offering a disability plan can provide peace of mind to their employees and gain an advantage over those that don’t.
Group Dental Coverage
Failure to have regular dental checkups can lead to more serious problems than a toothache.
Offering dental coverage to your employees can help encourage them to see a dentist on a regular basis. Gum disease has been linked to heart disease as well as diabetes. Catching these issues early not only helps your employees’ health, it may help reduce your long-term health insurance costs before a big claim hits!
Vision Care Coverage
Similar to dental coverage, if your employees are not getting regular eye exams, they may have underlying medical conditions such as heart disease or diabetes that can surface later at a greater expense to your medical plan.
Offering vision care coverage is a very affordable component to offering health benefits. It’s an inexpensive portion of the benefit package with a high value of return and can help offset the impact of increased medical costs, becoming a cost-effective, early intervention tool.
Not being able to meet an employee’s individual needs can pose a threat to worker retention and attracting new talent, both of which can be costly to your bottom line.
Offering voluntary coverage lets your employees choose benefits that are important to them. It’s a cost-effective way to provide a variety of benefits at little or no impact to your monthly premiums. Examples of voluntary coverage include:
- critical illness, hospital indemnity, cancer coverage
- life, dependent life, short-term and long-term disability coverage
- dental care
- vision care
Compliance audits are increasing and Department of Labor fines can be costly. Do you have all of the documents and paperwork at your fingertips should you receive an audit letter?
A good benefits broker will educate you on the compliance pieces so that you are prepared for that dreaded day. A wrap document covers most of what is required and the remaining forms should be readily accessible with proof of distribution to employees and/or eligible participants.
Group Health Insurance
In general, group health insurance is the first priority for employees and is the second largest expense for employers behind payroll. We’ll help you navigate the healthcare process so you can hire and retain top talent.
A well-designed and well-managed 401(k) plan is a great way to attract and retain quality employees. We’ll help design a 401(k) plan that gives your business a competitive edge.
Flexible Spending Account
Healthcare can get expensive. We can enhance your employee benefits package with a Flexible Spending Account that helps your employees save money on everyday healthcare expenses.
Employee Assistance Plan
An employee’s emotional well-being can affect work performance, impacting the company’s bottom line. We’ll help you design a program that supports a happy, healthy, and productive workforce.
Life and Accidental Death and Dismemberment Insurance
Some employees may want coverage that goes beyond life insurance or workers compensation. They want to be covered in the event of an accident, on or off the job. We can provide that added financial protection.
Long-Term Care Insurance
Offering long-term care insurance as a employee benefit can be an integral part of your strategy to recruit and retain the best talent, contain costs, and enhance employee productivity. We’ll guide you through the process.
Individual Disability Insurance
Serious illnesses or accidents can come out of nowhere. They can interrupt your life, and your ability to work for months – even years. We’ll make sure you have financial support to manage your disability and your household.
Individual Life Insurance
You can’t put a dollar amount on your family, but you can ensure their future is protected. We can’t predict when the unexpected will happen, but we can help you prepare for it when it does.
Individual & Family Medical, Dental, and Vision
Our Individual & Family plan offers coverage that works for many people: those who can’t take advantage of an employer-sponsored health plan, who are losing employer-sponsored coverage, who are self-employed, who are retired but not yet Medicare-eligible, who have pre-existing conditions, and/or who don’t qualify for a subsidy at Healthcare.gov
Medicare Supplement Insurance
Medicare supplement insurance can be a complicated topic. Our experts can help you to determine which plan is the best fit for you.