Long-Term Care has been defined as "medically necessary assistance on a long term basis. Care is oriented toward helping a person function, not toward a cure.
Adding LTC makes for a more attractive employee benefits package, which can help recruit and retain workers. Employer-paid premiums are tax deductible, with some limitations depending on the type of business entity.
Health Insurance is one of the most important needs for business owners and their employees alike. We offer information that will help you decide which is the best plan for you, your employees and your company's budget.
Some employers offer only one health insurance plan. Some offer a choice of plans: a fee-for-service plan, a health maintenance organization (HMO), or a preferred provider organization (PPO) or most recently a High Deductible Health Plans (HDHP) packaged together with an income tax favorable Health Savings Account (HSA). These plans differ in significant ways and can be explained by one of our experts.
Employers can select employees for coverage, and offer it as part of a key man or executive benefit package because LTC is a non-qualified employee benefit, and therefore is not subject to ERISA or employee discrimination rules.
Even small businesses can provide this benefit to their employees by purchasing a group life policy. Unlike individual policies, employer-sponsored plans often don't require that applicants pass a physical exam. These policies are often portable, meaning an employee can continue the policy when changing jobs.
Contact us today for more information about HEALTH, RETIREMENT or LIFE Insurance or fill out our online quote request form.
Group Health Insurance Plans can also be broadened to include, or be offered alongside, the following
Contact us today for more information or fill out our online quote request form.