Remove Disability Insurance Remove Hospitality Remove Retirement Plan
article thumbnail

16+ types of employee benefits you should consider

Genesis HR Solutions

There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. Medical Insurance. Medical insurance is likely a no-brainer— it’s one of four major types of benefits most employers offer. Hospital Insurance.

401(k) 98
article thumbnail

Worksite benefits: Hospital indemnity insurance and beyond

Higginbotham

Employers can help their employees by offering worksite benefits like hospital indemnity insurance and other supplemental benefits. What is hospital indemnity insurance? Hospital indemnity insurance is a supplemental insurance plan that’s used in conjunction with an existing health insurance plan.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Two-thirds of Small Firms Are Boosting Their Benefits Packages: Poll

InterWest Insurance Services

401(k)s or other retirement plans. Dental insurance. Life insurance. Accident insurance. Long-term and short-term disability insurance. Accidental death and dismemberment insurance. Defined benefit pension plans. Critical illness insurance. Hospital indemnity insurance.

article thumbnail

Employee Benefits: Types, Cost & Examples

HR Digest

But the more you know about the types of employee benefits offered by your employer, the better equipped you’ll be to make informed decisions about health care, retirement plans, and other important financial matters. Health Insurance: Health insurance is one of the most common forms of employee benefit offered by employers.

article thumbnail

Budgeting for Benefits: Sage Advice for Cost-Conscious Employees

Griffin Benefits

Such risks can manifest themselves in larger out-of-pocket expenses, or cash flow issues at the beginning of the plan year, while they work to satisfy their deductible. On the flip side, employees should also be made aware of the possible upside they are giving up in terms of premium savings, should they not elect a PPO health plan.

401(k) 56
article thumbnail

What employees expect from benefits packages

Business Management Daily

To qualify as such, the government states the plan must “pay at least 60% of the total cost of medical services for a standard population” and “include substantial coverage of physician and inpatient hospital services.”. Medical plans with no or low-cost deductibles. Insurance that is accepted at a greater range of places.

article thumbnail

Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

Other types of insurance If an employee loses their ability to earn an income on a temporary or permanent basis, certain types of insurance can help protect their families and livelihoods. Disability insurance , provides employees with replacement income and pays for medical bills if they become disabled and are no longer able to work.