Voluntary Benefit Administration

Due to the rising costs of health care, employers are looking for creative ways to provide affordable benefits to their employees. One option that is growing in popularity is the voluntary benefit plan. There is virtually no administration cost for a voluntary benefits program since the employee pays the entire premium. If the services of third-party administration are utilized, the only thing the employer does is deduct the amount of the premium through payroll deductions.

Voluntary insurance plans provide many advantages to employees. For instance, they can choose the type of coverage most appropriate for their particular needs instead of forcing themselves to fit within the confines of a pre-determined group plan. The policy has no pre-existing condition exclusions if obtained through the employer. This method of obtaining a policy is also more affordable for the employee than purchasing an individual policy independently.

Find Affordable Voluntary Benefit Administration
We at The Boon Group provide full voluntary benefit administration for any business or government contractor. Our expertise in managing claims includes evaluating the needs of the employees, designing a plan, implementing the plan, and maintaining the activity of each account. We have worked closely with national carriers to create MedPlus, a flexible voluntary plan that will work for full time, part-time, seasonal or uninsured employees. MedPlus has no coinsurance or deductible fees for health benefit plans.

The affordability of voluntary benefit plans allows hourly or part-time employees to provide essential health care coverage for themselves and their dependents. Through our expertise in administration, and our alliance with national healthcare carriers, employers and employees are getting the best of both worlds--low costs for employers and affordable insurance for employees. Contact us for more information by phone or email.