Numerous products and the guidance to find your perfect fit.
Generally, each employee or member of a group health insurance plan is responsible for an annual deductible and some coinsurance portions of medical costs, unless the plan uses a health maintenance organization (HMO) or preferred provider organization (PPO). Group health insurance plans usually cost less for participants than individual plans that offer the same benefits. At Hood Hargett, we represent all the major carriers and have numerous products and plan types available. Trust us to help find the right option for your company.
Coverage to keep your entire organization smiling.
Being protected by a dental plan and using it wisely are necessary safeguards to provide financial assistance for prevention, treatment, and care of dental issues. Plans usually include the use of deductibles, coinsurance, and procedure and annual dollar caps. The most common types of dental insurance plans are indemnity plans, preferred provider organizations (PPOs), and dental health maintenance organizations (HMOs). We’ll help you find the right plans to keep everyone in the organization smiling.
Vision care is a growing issue in our screen focused lives.
In today’s digital world with everyone glued to screens, tablets, and smartphones, eye strain and vision problems are more common than ever. As part of a complete benefits package, many companies offer some sort of coverage to help mitigate the costs of keeping their employees’ vision healthy. Hood Hargett partners with a wide range of carriers, offering multiple tiers of coverage, from annual eye exams to reduced out-of-pocket costs for prescription glasses or contact lenses.
Affordable plans that distinguish companies that care.
A life insurance program that covers members of a natural group, such as employees of a business or members of a union, association, or employer group. A group life insurance plan usually offers annual renewable term life insurance policies, but some plans provide permanent life insurance policies. Group life insurance plans usually do not require physical examinations and cost less for participants than individual plans that offer the same benefits.
Offering various options to protect your employees’ income.
With more than 5% of working Americans missing work for six months or less due to non-occupational illness, injury, or pregnancy, disability insurance is just good business. In general, a disability insurance policy means a qualifying employee’s lost wages due to an accident or illness are covered, subject to a maximum monthly payment. Group disability insurance plans usually cost less for participants than individual plans that offer the same benefits. Your partners at Hood Hargett will help you understand all the variables.
A cost-effective perk to help employees off-set medical expenses.
Also known as Voluntary Benefits, Worksite Benefits are a cost-effective solution to help employees offset out-of-pocket medical expenses. These benefits are employee-paid and can help employees fill the gaps created by high deductibles and rising copays, providing the financial security they need and deserve.
Healthcare Reimbursement Account (HRA)
Tailor these plans to generate overall health benefit savings.
These employer-funded medical reimbursement plans set aside a specific amount of pre-tax dollars for employees to pay for health care expenses on an annual basis. Based on the plan’s design, HRAs can generate significant savings in overall health benefits.
Health Savings Account (HSA)
Popular savings account for those in high-deductible health plans.
A Health Savings Account is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a high-deductible health plan. The funds contributed to an account are not subject to federal income tax at the time of deposit.