Employee Benefit Service Center specializes in assisting employers with implementing and maintaining all types of Employee Benefit Plans. The following is a brief summary of our services:
 

GROUP INSURANCE SERVICES

Employee Benefit Service Center works with each client to develop the plan design that reflects the employer’s principles and meets the needs of the employees. This includes medical, dental, vision, life, disability and long term care plans. Voluntary benefit programs are also designed to help meet employee needs.

Plan funding is a critical part of managing group insurance plans. We assist clients with a market survey to determine the most cost-effective providers for their plan. For larger plans, we specialize in self-funding medical plans with creative combinations of plan design, claims administration, provider networks and stop-loss coverage.

SECTION 125 FLEXIBLE BENEFIT PLANS

We start with the basics. All plans with employee contributions should have a Pre-Tax Premium Plan. We provide all of the required documentation for implementation.

Flexible Spending Accounts are also available. Complete set-up and administration services are available. EBSC receives claim forms, reviews them for proper documentation, and prepares checks for each claim. The client is notified of the amount of funds needed for the claims processed. Upon transfer of the funds to our disbursal account, the claim checks are released for distribution to the employees.

CONSUMER DRIVEN HEALTH PLANS

A recent trend in employee benefit planning is the development of Consumer Driven Health Plans. This is a change in the design of a medical plan where the employee is asked to assume a greater responsibility and the employer provides access to funds to help the employees with these increased costs. There are three types of plans that an employer can use: Medical Reimbursement Plans, Health Reimbursement Accounts and Health Savings Accounts.

EMPLOYEE COMMUNICATION SERVICES

Employee Benefit Statements – Customized statements can be sent to each employee with detailed information on the benefits they receive and the employer’s cost for the benefits. These statements can be done once a year or set up where new employees receive statements when they begin participation in the plans. Statements for all employees at each location can then be ordered on an as needed basis.
 
Employee Benefit Website – A Website will be designed and maintained for your employees as a reference source to improve communication with the employees and their families. It would include basic information on the benefit plans as well as enrollment forms that can be downloaded, personnel policy manuals, and space for employee announcements. Links to your provider’s Websites will also be available. This feature will help employees find in-network providers, research prescription formularies and access additional information on their coverage. Information on the pension plan can be included on your Website. Links to your plan’s website will facilitate access to complete employee benefit information.  The website is the primary tool to direct the employees to contact EBSC when they have questions or claim problem.  This gives us the opportunity to work direct with your employees to help them understand and use their benefits.

RETIREMENT PLAN OPTIONS

Plan design and plan funding are the important aspects of pension planning. We assist clients with all types of pension plans. The most common plan is the Profit Sharing/401(k) Plan that allows for the greatest flexibility in employer contributions.

The initial focus is an analysis of the costs for the employer and the employees. These costs can have a dramatic impact on the employee’s ability to accumulate funds for retirement. After the plan is implemented, we specialize in employee investment education.