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There are four major types of employee benefits many employers offer: medical insurance, life insurance, disabilityinsurance, and retirement plans. Medical Insurance. Medical insurance is likely a no-brainer— it’s one of four major types of benefits most employers offer. FlexibleSpending Account (FSA).
Be sure to provide each new hire with: A detailed, printed overview of available benefits and out-of-pocketcosts, if any. Information tables can be staffed with subject matter experts, such as investment advisors, insurance professionals or health club representatives. How does a flexiblespending account work?
DisabilityInsurance and Life Insurance. Health insurance is a key element of any employee benefits package, but small business owners should consider offering other benefits as well. Life insurance is a popular choice. Disabilityinsurance is another popular option. Dental and Vision Insurance.
An independent insurance agent has access to several health insurance plans and can shop the market on your behalf and help you find the option that best suits your needs. Employees can then use this account to pay for qualified health insurancecosts and medical expenses, including monthly premiums and out-of-pocketcosts.
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