This benefits plan is for small and medium business owners and their employees. The comprehensive program provides owners with an alternative to traditional group benefits plans and offers insurance for prescription drugs, dental care, hospital, disability and life insurance for owners and employees.
Because this plan is based on individual insurance policies, there are many advantages over a traditional group benefits plan:
- Coverage is completely portable for owners and employees should they leave the company
- New businesses are eligible to apply
- Businesses that do not normally qualify for traditional group coverage because of length of time in business, type of business or not-for-profit status are eligible
- No minimum employer contributions are required
- Coverage options are flexible
- Superior disability coverage