Employers

The demand for greater benefit choices is increasing every day, but that demand is almost impossible to satisfy when most company dollars are spent on group health insurance costs. Employees want more choices and control, and employers want to help them, as long as they don't have to write the checks to pay for those choices.

With the rising cost of employee benefits, supplemental benefits or as they are more commonly referred to as "voluntary benefits" provide employers the opportunity to fill in what is missing from existing programs.

Voluntary benefits provide a way for small employers to compete with the larger companies without having to fund these benefits. These benefits can help boost employee productivity and loyalty.

Voluntary benefits offer a way to customize benefits to fill in gaps in coverage for employees and their families.

Many voluntary benefits can be purchased on a pre-tax basis by implementing a Section 125 Plan. This plan is designed to reduce the overall cost to the employee and provide the employer with savings on their FICA and FUTA taxes. This is a genuine win-win plan for all parties.

The key to a successful voluntary benefits program is employee communications. At JD Benefit Services we provide one-on one individual employee meetings to fully explain the benefits and complete an election form. By having each employee sign these forms indicating their choices, this assures the employer that there are no liability concerns.