Do you struggle with enrollment processing? With the use of benefit administration systems, we streamline the enrollment process for both small and large groups.
Do you have HR or compliance question? We offer our clients trusted human resource knowledge and solutions.
Medical insurance is viewed as the core benefit to a large population of employees and, by a wide margin, it carries the highest price tag. The type and structure of your medical insurance program can have immense financial implications for business owners and their employees. There is no universal solution.
We work closely with our clients and their team to develop solutions that fit the company’s culture, budget and recruiting and retention needs. From Health Savings Accounts, Health Reimbursement Arrangements, traditional insurance and HMO programs to self-funded and level funded plans, The Gremel Group serves as a trusted advisor to help clients implement and communicate the best offering or combination of offerings. Our primary goal is to encourage active participation and appreciation for our clients and their investment in their employees and their families.
We are also sticklers for compliance. ERISA, COBRA, The Affordable Care Act and other laws can be complicated—especially for growing companies. We have the experience, systems and professional contacts to keep our clients up to date and flying right with respect to the array of regulations that govern employers and their employee benefit plans.
Disability Income Insurance
A person’s ability to earn an income nearly always represents their family’s most valuable asset. The Gremel Group advises its clients on the Disability Insurance market to design short and long-term disability income programs needed to protect the incomes so important to employees’ families. We offer employer paid, contributory and voluntary disability programs from the nation’s leading insurance carriers.
From key person insurance to group wide plans, we can help clients develop a successful life insurance programs for their companies or professional practices. Life insurance agents are not calling on individuals like they used to in the past. The workplace is often the only place other than television or the internet where people receive information and the option to buy coverage. Our personal approach, together with professional estate planning services guarantee the best results. Why not offer access to meaningful coverage from a trusted source? A thoughtful approach will serve to enhance the employee experience while fostering associate loyalty and a reputation as an employer who really cares about its people. Such programs can also be the difference maker when attracting and recruiting top talent.
According to the Society of Human Resource Management, Voluntary Benefits are now “Essential and not Fringe.” Coverages like Critical Illness and Accident serve to supplement and enhance “core benefits” and can provide additional financial security and piece of mind to families covered by high deductible health insurance plans. In addition to voluntary coverages such as life, dental, vision and disability insurance, many new opportunities now exist in the workplace insurance marketplace.
Section 125 Plans—Flexible Spending Accounts
In today’s business world, employee contributions towards group insurance premiums is the norm not the exception. The Gremel Group helps its clients develop compliant, tax favored programs that will lessen the financial pain of these payroll deductions. Documentation and record keeping are essential whether choosing an outside administrator or a self-service approach.
According to Healthcare.gov, these are defined as programs intended to improve and promote health and fitness that’s usually offered through the work place, although insurance plans can offer them directly to their enrollees. A wellness program allows employers or plans to offer premium discounts, cash rewards, gym memberships, and other incentives to participate. Some examples of wellness programs include smoking cessation, diabetes management programs, weight loss programs, and preventative health screenings.