A fully insured supplemental healthcare plan, ComplaMed is designed to fill common gaps in your medical coverage, such as co-pays and deductibles. Often used to boost benefits for targeted populations (skilled workers, technical staff and others who can be hard to recruit and retain), it offers a more cost-efficient option than our higher-level plans. Like our other plans, you still gain tax efficiency, which allows you to give more and pay less than a comparable pay increase.*
*This is not local, state or federal tax advice as each person and each company is unique. It is recommended that you seek the independent counsel of a professional tax adviser.
Out-of-pocket costs are rising to levels that many employees simply cannot afford. The resulting financial stress has ripple effects on employee health and productivity. Companies need a way to backfill coverage gaps for some or all of their employees. ComplaMed brings value with coverage for everyday healthcare expenses not found in voluntary plans.
Preserve coverage for select employee groups when you have to move to a higher primary plan deductible.
Gain the flexibility you need to work within your budget by adding coinsurance or a deductible to the ComplaMed insurance plan structure.
Differentiate your total benefit and compensation offer for select employee groups to gain an advantage over competitors.
The cost of healthcare is a major concern for employers and employees alike. And for good reason: employee benefits account for about one-third of employers’ total compensation costs.[1] This is why employers focus on cost control and on strategic benefit planning to ensure maximum return on investment. Coverage gaps and unexpected medical bills can cause […]
Read moreHealth accounts have become a very popular way for companies to curb benefit costs. While this can be a good option, health accounts do have some shortcomings and it’s important to understand them. Background With the battle for talent becoming more and more competitive, it is imperative for employers to leverage their benefits package to […]
Read moreVoluntary insurance, also referred to as worksite voluntary insurance, is the most common type of supplemental health insurance. A few examples of voluntary insurance plans are critical illness, cancer and hospital indemnity. For years, voluntary insurance has dominated the supplemental market, which is why when employers and brokers think of supplemental insurance, their minds automatically […]
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