Employee Benefits

Employee Benefits

Employee Benefits

MHG, your Employee Benefits partner

The right benefits for your budget.

MHG,

In today’s job marketplace, employers are competing for the best workers while trying to keep their current employees happy and satisfied in addition to managing the bottom line. Review your Employee Benefits package if you want to be a preferred employer.

Whether you are purchasing Group Health insurance for the first time or already have a plan and are looking for cost-effective options, MHG’s Employee Benefits insurance brokers are here to help! Based on your requirements and budget, MHG will design a benefits package for your business to help you enhance recruitment and increase morale while managing employee productivity and turnover. And once you have purchased a plan, MHG’s involvement does not end there! Our team will handle the benefits administration through our Employee Benefits portal, communication of the benefits, and remain on hand to assist with claims and answer any questions about the coverage the policy provides.

What

What Employee Benefits do you need to offer?

A complete Employee Benefits package is an investment worth having.

While employers are getting creative with their benefits and perks, Medical, Dental, and Vision still rank very high in what employees want. Start with the core benefits, and consider offering Life insurance, Disability, and Retirement as the business grows.

Medical insurance plans typically cover preventative care, emergency services, hospitalization, maternity, outpatient treatment, and prescription drug coverage, to name a few. Usually, Dental and Vision plans can be purchased along with medical coverage and are an essential component of a benefits package. Employees place a high value on Dental and Vision benefits, as regular visits to the eye doctor and dentist can identify potential health issues such as high blood pressure, diabetes, and heart issues, among others.

Looking to build a competitive Employee Benefits package? Consider adding Life and Disability insurance. Life insurance offers employees the comfort of knowing that their loved ones will be financially cared for in the event of their death. Disability allows employees to protect their income and rebuild their lives after an unexpected event.

Let MHG’s insurance specialists help determine which Employee Benefits package is right for your group and budget.

Why are Employee Benefits important?

Engaged employees fuel a company’s success.

Why

Employee Benefits provide many benefits to employers and employees. Employee Benefits are a great attraction and retention tool, especially in this competitive hiring environment. Benefits are also critical in allowing your employees to lead healthy lives while also planning for retirement.

Employee Benefits

Allows employees to lead and maintain healthier lives
Comprehensive health coverage and increased access to care
Potential cost savings from employer contributions
Employees feel valued and appreciated
Tax advantages depending on the benefits chosen

Employer Benefits

Reduced employee absenteeism
Attracts, retains, and motivates current and future employees
Boosts employee morale and productivity
Tax advantages depending upon the plan offered
Positive work culture and creates employee loyalty
Sets your company and your employees up for success

MHG, your Employee Benefits partner

The right benefits for your budget.

MHG,

In today’s job marketplace, employers are competing for the best workers while trying to keep their current employees happy and satisfied in addition to managing the bottom line. Review your Employee Benefits package if you want to be a preferred employer.

Whether you are purchasing Group Health insurance for the first time or already have a plan and are looking for cost-effective options, MHG’s Employee Benefits insurance brokers are here to help! Based on your requirements and budget, MHG will design a benefits package for your business to help you enhance recruitment and increase morale while managing employee productivity and turnover. And once you have purchased a plan, MHG’s involvement does not end there! Our team will handle the benefits administration through our Employee Benefits portal, communication of the benefits, and remain on hand to assist with claims and answer any questions about the coverage the policy provides.

What

What Employee Benefits do you need to offer?

A complete Employee Benefits package is an investment worth having.

While employers are getting creative with their benefits and perks, Medical, Dental, and Vision still rank very high in what employees want. Start with the core benefits, and consider offering Life insurance, Disability, and Retirement as the business grows.

Medical insurance plans typically cover preventative care, emergency services, hospitalization, maternity, outpatient treatment, and prescription drug coverage, to name a few. Usually, Dental and Vision plans can be purchased along with medical coverage and are an essential component of a benefits package. Employees place a high value on Dental and Vision benefits, as regular visits to the eye doctor and dentist can identify potential health issues such as high blood pressure, diabetes, and heart issues, among others.

Looking to build a competitive Employee Benefits package? Consider adding Life and Disability insurance. Life insurance offers employees the comfort of knowing that their loved ones will be financially cared for in the event of their death. Disability allows employees to protect their income and rebuild their lives after an unexpected event.

Let MHG’s insurance specialists help determine which Employee Benefits package is right for your group and budget.

Why are Employee Benefits important?

Engaged employees fuel a company’s success.

Why

Employee Benefits provide many benefits to employers and employees. Employee Benefits are a great attraction and retention tool, especially in this competitive hiring environment. Benefits are also critical in allowing your employees to lead healthy lives while also planning for retirement.

Employee Benefits

Allows employees to lead and maintain healthier lives
Comprehensive health coverage and increased access to care
Potential cost savings from employer contributions
Employees feel valued and appreciated
Tax advantages depending on the benefits chosen

Employer Benefits

Reduced employee absenteeism
Attracts, retains, and motivates current and future employees
Boosts employee morale and productivity
Tax advantages depending upon the plan offered
Positive work culture and creates employee loyalty
Sets your company and your employees up for success

MHG, your Employee Benefits partner

The right benefits for your budget.

In today’s job marketplace, employers are competing for the best workers while trying to keep their current employees happy and satisfied in addition to managing the bottom line. Review your Employee Benefits package if you want to be a preferred employer.

Whether you are purchasing Group Health insurance for the first time or already have a plan and are looking for cost-effective options, MHG’s Employee Benefits insurance brokers are here to help! Based on your requirements and budget, MHG will design a benefits package for your business to help you enhance recruitment and increase morale while managing employee productivity and turnover. And once you have purchased a plan, MHG’s involvement does not end there! Our team will handle the benefits administration through our Employee Benefits portal, communication of the benefits, and remain on hand to assist with claims and answer any questions about the coverage the policy provides.

MHG,

What

What Employee Benefits do you need to offer?

A complete Employee Benefits package is an investment worth having.

While employers are getting creative with their benefits and perks, Medical, Dental, and Vision still rank very high in what employees want. Start with the core benefits, and consider offering Life insurance, Disability, and Retirement as the business grows.

Medical insurance plans typically cover preventative care, emergency services, hospitalization, maternity, outpatient treatment, and prescription drug coverage, to name a few. Usually, Dental and Vision plans can be purchased along with medical coverage and are an essential component of a benefits package. Employees place a high value on Dental and Vision benefits, as regular visits to the eye doctor and dentist can identify potential health issues such as high blood pressure, diabetes, and heart issues, among others.

Looking to build a competitive Employee Benefits package? Consider adding Life and Disability insurance. Life insurance offers employees the comfort of knowing that their loved ones will be financially cared for in the event of their death. Disability allows employees to protect their income and rebuild their lives after an unexpected event.

Let MHG’s insurance specialists help determine which Employee Benefits package is right for your group and budget.

Why are Employee Benefits important?

Engaged employees fuel a company’s success.

Employee Benefits provide many benefits to employers and employees. Employee Benefits are a great attraction and retention tool, especially in this competitive hiring environment. Benefits are also critical in allowing your employees to lead healthy lives while also planning for retirement.

Employee Benefits

Allows employees to lead and maintain healthier lives
Comprehensive health coverage and increased access to care
Potential cost savings from employer contributions
Employees feel valued and appreciated
Tax advantages depending on the benefits chosen

Employer Benefits

Reduced employee absenteeism
Attracts, retains, and motivates current and future employees
Boosts employee morale and productivity
Tax advantages depending upon the plan offered
Positive work culture and creates employee loyalty
Sets your company and your employees up for success

Why

MHG, your Employee Benefits partner

The right benefits for your budget.

In today’s job marketplace, employers are competing for the best workers while trying to keep their current employees happy and satisfied in addition to managing the bottom line. Review your Employee Benefits package if you want to be a preferred employer.

Whether you are purchasing Group Health insurance for the first time or already have a plan and are looking for cost-effective options, MHG’s Employee Benefits insurance brokers are here to help! Based on your requirements and budget, MHG will design a benefits package for your business to help you enhance recruitment and increase morale while managing employee productivity and turnover. And once you have purchased a plan, MHG’s involvement does not end there! Our team will handle the benefits administration through our Employee Benefits portal, communication of the benefits, and remain on hand to assist with claims and answer any questions about the coverage the policy provides.

MHG,

What

What Employee Benefits do you need to offer?

A complete Employee Benefits package is an investment worth having.

While employers are getting creative with their benefits and perks, Medical, Dental, and Vision still rank very high in what employees want. Start with the core benefits, and consider offering Life insurance, Disability, and Retirement as the business grows.

Medical insurance plans typically cover preventative care, emergency services, hospitalization, maternity, outpatient treatment, and prescription drug coverage, to name a few. Usually, Dental and Vision plans can be purchased along with medical coverage and are an essential component of a benefits package. Employees place a high value on Dental and Vision benefits, as regular visits to the eye doctor and dentist can identify potential health issues such as high blood pressure, diabetes, and heart issues, among others.

Looking to build a competitive Employee Benefits package? Consider adding Life and Disability insurance. Life insurance offers employees the comfort of knowing that their loved ones will be financially cared for in the event of their death. Disability allows employees to protect their income and rebuild their lives after an unexpected event.

Let MHG’s insurance specialists help determine which Employee Benefits package is right for your group and budget.

Why are Employee Benefits important?

Engaged employees fuel a company’s success.

Employee Benefits provide many benefits to employers and employees. Employee Benefits are a great attraction and retention tool, especially in this competitive hiring environment. Benefits are also critical in allowing your employees to lead healthy lives while also planning for retirement.

Employee Benefits

Allows employees to lead and maintain healthier lives
Comprehensive health coverage and increased access to care
Potential cost savings from employer contributions
Employees feel valued and appreciated
Tax advantages depending on the benefits chosen

Employer Benefits

Reduced employee absenteeism
Attracts, retains, and motivates current and future employees
Boosts employee morale and productivity
Tax advantages depending upon the plan offered
Positive work culture and creates employee loyalty
Sets your company and your employees up for success

Why

MHG, your Employee Benefits partner

The right benefits for your budget.

In today’s job marketplace, employers are competing for the best workers while trying to keep their current employees happy and satisfied in addition to managing the bottom line. Review your Employee Benefits package if you want to be a preferred employer.

Whether you are purchasing Group Health insurance for the first time or already have a plan and are looking for cost-effective options, MHG’s Employee Benefits insurance brokers are here to help! Based on your requirements and budget, MHG will design a benefits package for your business to help you enhance recruitment and increase morale while managing employee productivity and turnover. And once you have purchased a plan, MHG’s involvement does not end there! Our team will handle the benefits administration through our Employee Benefits portal, communication of the benefits, and remain on hand to assist with claims and answer any questions about the coverage the policy provides.

MHG,

What

What Employee Benefits do you need to offer?

A complete Employee Benefits package is an investment worth having.

While employers are getting creative with their benefits and perks, Medical, Dental, and Vision still rank very high in what employees want. Start with the core benefits, and consider offering Life insurance, Disability, and Retirement as the business grows.

Medical insurance plans typically cover preventative care, emergency services, hospitalization, maternity, outpatient treatment, and prescription drug coverage, to name a few. Usually, Dental and Vision plans can be purchased along with medical coverage and are an essential component of a benefits package. Employees place a high value on Dental and Vision benefits, as regular visits to the eye doctor and dentist can identify potential health issues such as high blood pressure, diabetes, and heart issues, among others.

Looking to build a competitive Employee Benefits package? Consider adding Life and Disability insurance. Life insurance offers employees the comfort of knowing that their loved ones will be financially cared for in the event of their death. Disability allows employees to protect their income and rebuild their lives after an unexpected event.

Let MHG’s insurance specialists help determine which Employee Benefits package is right for your group and budget.

Why are Employee Benefits important?

Engaged employees fuel a company’s success.

Employee Benefits provide many benefits to employers and employees. Employee Benefits are a great attraction and retention tool, especially in this competitive hiring environment. Benefits are also critical in allowing your employees to lead healthy lives while also planning for retirement.

Employee Benefits

Allows employees to lead and maintain healthier lives
Comprehensive health coverage and increased access to care
Potential cost savings from employer contributions
Employees feel valued and appreciated
Tax advantages depending on the benefits chosen

Employer Benefits

Reduced employee absenteeism
Attracts, retains, and motivates current and future employees
Boosts employee morale and productivity
Tax advantages depending upon the plan offered
Positive work culture and creates employee loyalty
Sets your company and your employees up for success

Why

MHG, your Employee Benefits partner

The right benefits for your budget.

In today’s job marketplace, employers are competing for the best workers while trying to keep their current employees happy and satisfied in addition to managing the bottom line. Review your Employee Benefits package if you want to be a preferred employer.

Whether you are purchasing Group Health insurance for the first time or already have a plan and are looking for cost-effective options, MHG’s Employee Benefits insurance brokers are here to help! Based on your requirements and budget, MHG will design a benefits package for your business to help you enhance recruitment and increase morale while managing employee productivity and turnover. And once you have purchased a plan, MHG’s involvement does not end there! Our team will handle the benefits administration through our Employee Benefits portal, communication of the benefits, and remain on hand to assist with claims and answer any questions about the coverage the policy provides.

MHG,

What

What Employee Benefits do you need to offer?

A complete Employee Benefits package is an investment worth having.

While employers are getting creative with their benefits and perks, Medical, Dental, and Vision still rank very high in what employees want. Start with the core benefits, and consider offering Life insurance, Disability, and Retirement as the business grows.

Medical insurance plans typically cover preventative care, emergency services, hospitalization, maternity, outpatient treatment, and prescription drug coverage, to name a few. Usually, Dental and Vision plans can be purchased along with medical coverage and are an essential component of a benefits package. Employees place a high value on Dental and Vision benefits, as regular visits to the eye doctor and dentist can identify potential health issues such as high blood pressure, diabetes, and heart issues, among others.

Looking to build a competitive Employee Benefits package? Consider adding Life and Disability insurance. Life insurance offers employees the comfort of knowing that their loved ones will be financially cared for in the event of their death. Disability allows employees to protect their income and rebuild their lives after an unexpected event.

Let MHG’s insurance specialists help determine which Employee Benefits package is right for your group and budget.

Why are Employee Benefits important?

Engaged employees fuel a company’s success.

Employee Benefits provide many benefits to employers and employees. Employee Benefits are a great attraction and retention tool, especially in this competitive hiring environment. Benefits are also critical in allowing your employees to lead healthy lives while also planning for retirement.

Employee Benefits

Allows employees to lead and maintain healthier lives
Comprehensive health coverage and increased access to care
Potential cost savings from employer contributions
Employees feel valued and appreciated
Tax advantages depending on the benefits chosen

Employer Benefits

Reduced employee absenteeism
Attracts, retains, and motivates current and future employees
Boosts employee morale and productivity
Tax advantages depending upon the plan offered
Positive work culture and creates employee loyalty
Sets your company and your employees up for success

Why

Common questions about Employee Benefits

How do I design an employee benefits plan?

Selecting the right employee benefits plan can be challenging. There are many different insurance companies and plans to choose from. In addition, there are rules and regulations that vary by state and should also be considered. Depending on the size or complexity of the group, it may make more sense to work with a local insurance broker who specializes in your industry.

What are the advantages of a level-funded employee benefits plan?

If your group qualifies for level-funded plans, the rates may be better than fully-insured when comparing similar plan options. You may also get money back at the end of the year! Carriers typically offer the group a specified percentage of the unused amount left from your funding pool at the end of the year. The reimbursement percentage varies depending on the carrier and, in some instances, can be as much as 94%, which can be a significant amount!

As an employer, how much should I budget for my employee benefits to increase each year?

Many variables impact annual rate increases, such as claims, age demographics, type of business, and location of headquarters. To stay ahead of the curve, a best practice is to budget at least 10% for annual increases and discuss any changes to your census and company’s needs with your broker during the renewal period.

How much do companies pay for employee health insurance?

To qualify for a group medical plan, an employer must contribute a minimum of 50% to the employee rate. Many variables determine the cost of health insurance for a group. In addition to the type of plan selected, other factors such as the group’s location, size, and the average age of group members are just some factors that affect the cost of employee health insurance premiums. Dependents can be offered as voluntary or contributory.

Common questions about Employee Benefits

How do I design an employee benefits plan?

Selecting the right employee benefits plan can be challenging. There are many different insurance companies and plans to choose from. In addition, there are rules and regulations that vary by state and should also be considered. Depending on the size or complexity of the group, it may make more sense to work with a local insurance broker who specializes in your industry.

What are the advantages of a level-funded employee benefits plan?

If your group qualifies for level-funded plans, the rates may be better than fully-insured when comparing similar plan options. You may also get money back at the end of the year! Carriers typically offer the group a specified percentage of the unused amount left from your funding pool at the end of the year. The reimbursement percentage varies depending on the carrier and, in some instances, can be as much as 94%, which can be a significant amount!

As an employer, how much should I budget for my employee benefits to increase each year?

Many variables impact annual rate increases, such as claims, age demographics, type of business, and location of headquarters. To stay ahead of the curve, a best practice is to budget at least 10% for annual increases and discuss any changes to your census and company’s needs with your broker during the renewal period.

How much do companies pay for employee health insurance?

To qualify for a group medical plan, an employer must contribute a minimum of 50% to the employee rate. Many variables determine the cost of health insurance for a group. In addition to the type of plan selected, other factors such as the group’s location, size, and the average age of group members are just some factors that affect the cost of employee health insurance premiums. Dependents can be offered as voluntary or contributory.

Common questions about Employee Benefits

How do I design an employee benefits plan?

Selecting the right employee benefits plan can be challenging. There are many different insurance companies and plans to choose from. In addition, there are rules and regulations that vary by state and should also be considered. Depending on the size or complexity of the group, it may make more sense to work with a local insurance broker who specializes in your industry.

What are the advantages of a level-funded employee benefits plan?

If your group qualifies for level-funded plans, the rates may be better than fully-insured when comparing similar plan options. You may also get money back at the end of the year! Carriers typically offer the group a specified percentage of the unused amount left from your funding pool at the end of the year. The reimbursement percentage varies depending on the carrier and, in some instances, can be as much as 94%, which can be a significant amount!

As an employer, how much should I budget for my employee benefits to increase each year?

Many variables impact annual rate increases, such as claims, age demographics, type of business, and location of headquarters. To stay ahead of the curve, a best practice is to budget at least 10% for annual increases and discuss any changes to your census and company’s needs with your broker during the renewal period.

How much do companies pay for employee health insurance?

To qualify for a group medical plan, an employer must contribute a minimum of 50% to the employee rate. Many variables determine the cost of health insurance for a group. In addition to the type of plan selected, other factors such as the group’s location, size, and the average age of group members are just some factors that affect the cost of employee health insurance premiums. Dependents can be offered as voluntary or contributory.

What is an Employee Assistance Program?

From mental health and well-being struggles to work-related issues, Employee Assistance Programs (EAP) offer free, confidential resources to all employees. They can help with a range of personal and professional challenges, including:

Balancing work and family life

Managing stress and responsibilities

Counseling services and referrals

Legal and financial services, among other services

Employee Assistance Programs are typically offered when the group has life and disability coverage.

Selecting the right Employee Benefits plan can be challenging.

This really does vary among employers. Some employers offer benefits from day one, while others have waiting periods ranging from 30 to 90 days from date of hire.

Who can enroll in benefits?

Typically, all full-time employees are eligible to enroll in the company’s Group Health insurance plan in addition to their dependents, including their spouse, domestic partner, and children. Part-time employees may be able to enroll in the Group Health plan in some companies depending on the minimum hours required by the insurance company. Contractor employees may or may not be eligible for benefits.

Too many options?

Our Insurance Specialists can guide you to the best plan for your needs, and your budget.

Contact Us Today!

Too many options?

Our Insurance Specialists can guide you to the best plan for your needs, and your budget.

Contact Us Today!

Too many options?

Our Insurance Specialists can guide you to the best plan for your needs, and your budget.

Contact Us Today!