Defined contribution plans our becoming increasingly popular for employers who want more predictability on their healthcare spend. Currently the status quo is typically what is called a defined benefit plan.
With increases in premium year over year, employers are looking for a solution to control cost. Thus allowing the employees to have more control on the benefits they chose. Allowing the employer to stay out of the decision making process. Also eliminates the one size fits all benefit offerings. Where as with a defined benefit plan may be 50% of the major medical, leaving many with no added benefits.
For more information on how we can help your business with a defined contribution plan, click on more info now.
Custom tailored to fit your needs
To provide exceptional value to you and your employees, we represent the top partners to offer the best products and solutions available. We believe as benefit consultants that being a one stop shop for all your benefit needs means one consistent point of contact as well as client advocacy.
For more information on a custom tailored quote that meets your needs, call us!