Employer Paid Benefits
G & G and Associates is a full service insurance agency with over 35 years in the insurance business. When companies need employee benefits, G&G and Associates is the agency most often referred.
We understand detours arise quickly in today’s market, and we are at the ready to implement whatever program or option best suits all of our clients. We partner with only the best vendors, carriers, and Third Part Administrators (TPA) who bring the very best products and options for our clients.
What truly sets G&G and Associates apart is our industry leading and cutting edge experience with Self-Funded Healthcare plans. For the past 13 years Self-Funding Healthcare has been our primary focus.
During this time we have acquired all the knowledge needed to ensure a Self-Funded Healthcare plan will work for your group. It’s important that you partner with the right agency that has a proven track record of success. At G&G and Associates we have retained 100% of our clients with a Self-Funded Healthcare plan over that 13 year span.
It truly is that good!
To explore more about what Self-Funded Healthcare is click here:
Click for more information
- Self-Funded Healthcare
- Short Term/Long Term Disability
- Health Reimbursement Accounts (HRA)
- Health Savings Accounts (HSA)
- FSA Section 125
- Wellness Programs
- Voluntary Benefits.
Providing your employees an opportunity to participate in Group Life insurance can be a tremendous benefit for your group. In the insurance business we often hear about tragic circumstances that become even more devastating when it is found that an individual is under-insured, or worse– without any coverage at all. This is especially sad when it is the family’s primary bread winner.
Group life insurance benefits are strongly recommended by G&G and Associates as part of the Non-voluntary and voluntary benefits package.
When choosing a carrier to help your business with this very important benefit it is critical that you have the very best information on what is available to your employees and what the cost of this benefit will be. At G&G and Associates we take pride in the fact that we have a full knowledge of the Life insurance market both group and individual. Rest assured that you will be given the best options and service available.
Let us give you a free evaluation of your current life and voluntary benefits, contact us.
At G&G and Associates we are committed to Self-Funded Healthcare. Please see our Self-Funded Healthcare page for more information. However, we also recognize that some companies have a need for a traditional Fully Insured healthcare. It is our goal to see that you receive all the information you need to make an informed decision. So, if a Fully Insured Healthcare plan is the best fit for your company or organization we have the knowledge and expertise to help you. Rest assured that G&G has a working relationship will all the Major Medical carriers including:
Dental & Vision Insurance
Dental insurance is a key component to any group employee benefit. At G&G we are licensed brokers for all the major carriers and you can trust that we will provide you with a comprehensive look at all the dental options for your group.
The other option we suggest is to self-fund the dental insurance for groups. Dental insurance is very predictable, and if a company wanted to get a good look at how Self-Funding works they can get a good feel for it by starting with Self-Funding the dental insurance.
Please contact us for a quote.
Vision is also a great tool for attracting talent. Although many companies overlook a vision plan, we can help you decide if it is right for your organization.
Can A Wellness Program Really Benefit My Employees?
Wellness and wellness programs have become buzz words in the Healthcare industry, especially in the last 12 months. This stems from an increase of data that has become available to validate their usefulness.
It is said that for every 1$ spent on a wellness program by an employer the return on investment (ROI) is $3. The truth is we could spend hours debating the accuracy of this. At G&G and Associates we’ve done the leg work for you and can recommend a wellness program that will benefit both your company and your employees.
Wellness programs come in many sizes.
Things you want to consider in a wellness program:
- What is the desired outcome?
- Will both the employee and employer see a benefit?
- How will we measure the success of the program?
- Will the employers ROI be both Financial and humanitarian?
- What programs can my agent show me that will have the desired outcome?
The Truth About Wellness!
There are many variables to consider with a wellness program. The main beneficiary in terms of lower health plan utilization of a properly placed and functioning wellness program is the Healthcare plan provider. What this means to the average company that is without a Self-Funded Healthcare plan is their carrier will be the financial benefactor. Sure there will likely be a decrease in sick related absenteeism and an increase in work productivity which is huge, however the fact remains the carrier will be the biggest financial benefactor.
In order to truly understand how the wellness program will effect and lower the cost of healthcare, the company has to be participating in a Self-Funded Healthcare plan.
Let us show you how easy it is to change your group to a Self-Funded Healthcare plan and truly take advantage of a wellness program, click this link to learn more:
Call a Doctor for Immediate Medical Care
Call a doctor for immediate healthcare advice with Teledoc. Who wants to sit in a waiting room when they are feeling sick? Teladoc doctors are available 24/7/365 to provide quality care through the convenience of phone or video consults. The next time you're sick, consider your options. With your consent, Teladoc can also provide information about your Teladoc consult to your primary care physician.
Helpful Videos on Teladoc and how it works! HERE
Get The Care You Need!
Teladoc doctors can treat many medical conditions, including:
- Cold & Flu symptoms
- Urinary Tract Infection
- Respiratory Infection
- and more!
Teladoc Vs. Traditional Doctors
- Drive to the nearest office while sick
- Wait hours before seeing a doctor
- Pay high ER and urgent care fees
- Request a consult from work or home
- A doctor calls you back in 24 minutes, on average
- Get the care that you need at a price you can afford
Teladoc Vs. Traditional Doctors
Short & Long Term Disability Coverage
Disability insurance provides employees the opportunity to recover and protect one of their most valuable assets, their income. As medical costs continue to increase it becomes more and more difficult for employers to offer this coverage. The option to move it to a Voluntary benefit is an excellent solution to offer your employees. Disability coverage is a truly necessary benefit to offer in your portfolio.
We will be able to help you craft and or expand the depth of your disability program. In the event of a career ending injury, think of the peace of mind you can offer your team members by helping them build a financial safety net.
Whew!! What a relief for them to know their financial burdens are handled during a difficult time.
Medical Savings Account Information & Resources
Health Reimbursement Accounts Or Arrangements: HRA's
Health Reimbursement Accounts or Health Reimbursement Arrangement (HRA) can be tricky without the right plan set up. This tool can have great success in lowering overall cost of healthcare is implemented properly. There are a number of things you will need to consider as an employer before implementing this type of program. Please be sure to contact us and we can give you the information that you need to make that decision. With the Affordable Care Act in place some of the rules for this type of account have changes.
Health Savings Accounts: HSA's
HSAs are an excellent way to help fund medical expenses. By establishing an HSA, you can deposit funds into your account tax-free via salary reductions to pay for qualified medical expenses. The funds are held in a custodial account until which time a qualified medical expense has been incurred, at which point funds can be withdrawn from the account. Unused balances at the end of the Plan Year are retained in the account and may be carried over to the subsequent Plan Years. In addition, funds in the accounts belong to you and are portable.
To be eligible for an Individual Medical HSA, you must have a qualifying deductible health plan or be applying for one in conjunction with the HSA; and there can be no coverage in place by another health insurance plan (other than a plan providing certain limited types of coverage, such as accidental and scheduled Benefit Plans).
Flexible Spending Account: FSA's
Another great solution is using pre-tax dollars to pay for qualified medical expenses. An FSA reduces your taxable income while increasing your take home pay! Consider how much you spend on healthcare and/or dependent care expenses for you and your qualified dependents in one year:
- Prescription Drugs/Medications
- Medical/Dental office visit co-pays
- Eye exams and Prescription glasses/lense
- Daycare Tuition
Why not reduce these expenses by using pre-tax dollars instead of after-tax dollars? With rising healthcare costs, every penny counts! By using pre-tax dollars, you are taxed on a lower gross salary, thereby saving money that would otherwise be spent on federal, state and FICA taxes, and thereby you increase your take home pay!
If you would like more information about how all of these powerful products can enrich the benefits of your employees please let us know and we can send you some information that will answer all your questions.Contact us!
American Mutual Benefits NOW Plan!
If an Employee claims $4,000 for kid's braces, he could SAVE $1,000!
Save monthly "Out-of-Pocket" receipts for Doctors, Dentists, Vision, Prescriptions & Child Care.
Fill Out Claim Form
Fill out the AMB Claim Form and list all "Out-of-Pocket: expenses that you have receipts for.
Send Form & Receipts
Fax or email the Claim Form and copies of the listed "Out-of-Pocket" receipts to AMB NOWPlan.
AMB NOWPlan reviews and calculates the claim form and sends the report to the Employer's Payroll Department.
You Get A Bigger Paycheck
Employers Payroll Department enters the amounts from the AMB report - the amount of taxes you paid on your claimed expenses is added back into your next paycheck.