Traditional Group Benefits
Group Benefit Plans can encompass a variety of traditional and non-traditional insurance product offerings.
Nexgen specializes in developing a benefit plan that is best suited to YOUR company. Some of the traditional group benefits are;
- Group Life insurance
- Dependent Life insurance
- Accident & Sickness or Accidental Death & Dismemberment insurance
- Short Term Disability insurance
- Long Term Disability insurance
- Extended/Supplemental Health Care insurance
- Dental Care insurance
- Vision Care insurance
These benefits serve as a valuable base of coverage for you and your employees.
Some of the advantages that group benefits offer are;
- They can provide coverage for all eligible employees regardless of their health status
- They can provide health & dental benefit levels in excess of what can be purchased on and individual basis
- They can allow employees to access coverage at no cost to themselves
- They can provide some benefits on a tax preferred basis
- All costs for employee benefits are tax deductible to the employer/plan sponsor
Historically, small to mid-sized employers have been limited by the marketplace to the largely traditional benefit offerings. Nexgen has now developed a plan that can give access to both traditional and non-traditional products for companies of nearly any size.