Types of Coverage
Along with understanding and staying current on insurance coverage options and laws, NBG can consult, advise, and make recommendations on how your business can offer benefits to your workforce, and assist in the administration of your benefits.
Let NBG create an employee benefits plan with one or more of the following elements:
Medical Insurance protects your employees from unexpected, high medical costs by offering Medical Insurance that may cover the costs of preventive care check-ups, even before you meet your deductible. Fully insured, level-funded and self-insured plan options.
Dental Insurance offsets the costs of dental care so that your employees can maintain good overall oral health, and focus on preventive care.
Vision Insurance is designed to help cover and budget for ongoing vision care expenses like routine eye exams, prescription glasses and contact lenses.
Life Insurance provides a financial benefit to your employees’ dependants upon the death of an insured person.
Accidental Death & Dismemberment (AD&D) Insurance covers the accidental death or dismemberment of the insured.
Section 125 Plans (Cafeteria Plans) allows employees to use pretax dollars to pay for health insurance premiums (medical, dental, vision) and offers employers a tax savings.
Disability Insurance helps to replace a percentage of an employee’s income if the unexpected happens and they are unable to work.
Supplemental Insurance is additional coverage to your primary health plan. These policies can help provide coverage for certain kinds of illnesses, accidents and injuries, and hospital indemnity. Supplemental health policies are different from traditional health plans.
Health Savings Accounts (HSA) are a type of a savings account that lets employees set aside money on a pre-tax basis to pay for qualified medical expenses.
Health Reimbursement Accounts (HRA) are employer-funded reimbursement plans from which employees are reimbursed tax-free for qualified medical expenses up to a fixed dollar amount per year.
Wellness Programs help employees stay healthy and promote a culture of health in the workplace.
Employee Assistance Programs (EAPs) provides employees with access to confidential counseling and support services. These services can help employees with stress, mental health, and other personal issues.
A 401(k) Plan is a qualified profit-sharing plan that allows your employees to contribute a portion of their wages to individual accounts.