Insurance

Provide a Quality Comprehensive Benefits Program That Aligns Your Employee’s Benefits with Your Business Objectives

At Innovative, we recognize that benefits play a key role in attracting and retaining employees. That’s why our benefit packages are customized to fit your requirements. You decide which benefits to provide and then Innovative handles the entire process from creating the perfect mix of benefits to implementing the programs to providing the ongoing administration of the benefit package.

Group Health, Dental, Vision and Life
Should your company offer HMO, PPO, POS, HSAs, FSAs, HRAs, Life Insurance, STD/LTD, or Retirement Plans? Which plans best fit the needs of your employees? At what cost? Which benefits will attract top talent? What will be the impact of healthcare reform? What options will be available? We will custom design a benefit program to meet your budget as well as your employee’s needs.

Short Term and Long Term Disability
Only 5% of baby boomers realize they have a one in three chance of becoming disabled during their working years. Short and Long Term disability coverage provide benefits when an employee is unable to work due to a covered illness or injury. Some employers provide group disability benefits at no cost to employees and also give employees the chance to buy higher levels of coverage. Other employers offer the option of group coverage at the employee’s expense.

Limited Benefits Insurance Plans
Low cost limited benefit plans are priced with the hourly employee in mind and can be completely employee funded. Common services include inpatient and outpatient services, office visits, lab, X-ray, emergency room and prescription coverage. Additionally, supplemental coverage for dental, vision, hospital indemnity, STD and Term Life and Accidental Death are available.

Benefit Administration
Will there be the potential for expensive fines under healthcare reform? Allow Innovative to guide you through the process. Our staff of experienced professionals is skilled in all aspects of benefit communication, program development and analysis, employee enrollments and plan administration. We provide technical expertise and cost effective service to all of our clients and to their employees. Add a 401(k) plan, a Section 125 plan for pre-tax savings, a group health, dental, disability, or life plan, along with other valuable benefits for your employees without spending a fortune. Whether you’re looking for full major medical plans (PPO and HMO), low cost limited benefit insurance plans, hospital indemnity or short term coverage, Innovative has the expertise to guide you through the selection process.

125 Pre-Tax Medical Deductions
If your employees pay a portion of their group insurance premiums, you may be able to give workers a little extra in their checks each and every payroll by letting us handle payroll deductions for insurance premiums on a pre-tax basis. Our Section 125 Plan allows employees to make contributions for their group health, dental, and vision before taxes are calculated. Under section 125 of the Internal Revenue Code, employees save FICA and federal income tax on their insurance deductions with every paycheck.

Section 125 Plan compliance is time consuming. IRS plan requirements are stringent and very complicated. By adopting our Section 125 Plan, your employees are able to enjoy their allowable benefits pre-tax. We provide at no charge the Plan Document, Adoption Agreement, Employee Election Forms, and Nondiscrimination testing.

COBRA Administration
If you employed more than 20 or more employees on at least half of your regular business days in the last calendar year and you currently have a group plan, you are subject to COBRA regulations. Innovative will ensure that COBRA guidelines are followed and that COBRA administration is handled within the law. Benefit from having Innovative administer the programs, manage the benefit deductions and benefit records, all of which not only makes employee benefits more affordable, but easier to provide and manage.

The Links Below Can Be Used to Access Insurance Carrier Websites

Advantica http://www.advanticabenefits.com

Aetna http://www.aetna.com

Assurant http://www.assurantemployerbenefits.com/wps/portal

AvMed http://www.avmed.org

Blue Cross / Blue Shield http://www3.bcbsfl.com/wps/portal/bcbsfl

Cigna http://www.cigna.com

Colonial http://www.coloniallife.com

Coventry Healthcare http://www.coventryhealthcare.com

Delta Dental http://www.deltadental.com/Public/index.jsp

Humana http://www.humana.com

Met Life http://www.metlife.com/individual/index.html