Easy benefits everyone.
No matter what your role is within your company, Forum makes employee benefits easier to understand and manage, giving you more time to focus on the financial health of the business.
Employee Health Insurance
At the heart of any good employee benefits plan is a solid health insurance plan. Forum will find the best and most cost-effective plan for your business and take the administration off of your plate. And when your employees have difficult questions about their benefits, we have easy answers. We don’t just know the ins and outs of health insurance. We have a knack for explaining complicated things. Forum is just a phone call or email away to answer questions or to deal directly with healthcare providers and pharmacies on behalf of employees. That’s right, we have your back.
Health Savings Accounts
As the cost of health insurance has skyrocketed, Health Savings Accounts (HSAs) have become very popular. Simply put, an HSA is money that you set aside from your payroll check into a special savings account at your bank. You pay for your prescriptions, doctor visits and any other eligible healthcare expenses with an HSA debit card. And because the money you put into the HSA is taken out before payroll taxes, those funds don’t get taxed. So if you think about it, it’s like getting a 25% [±] discount on your health expenses. Now that’s easy money.
2014 Max Annual HSA Contributions
|*Add additional $1,000 if age 55 or older in 2014.|
High Deductible Plans
A High Deductible Health Plan (HDHP) is a low-cost health plan that covers major expenses with a higher deductible. That means less money coming out of your company’s pocket and your employees’ paychecks. Take that, out of control health insurance costs.
HDHP plans can be an affordable option for employer-sponsored health plans because the insurance premiums are a lot lower.
Higher deductibles mean more upfront costs for employees. So Forum is there to help them make smarter choices about their health expenses.
Routine physicals, screenings and vaccinations are covered in full from day one of coverage and therefore don’t apply to your deductible. Nice.
The HDHP ins and outs-of-pockets
|Year||Minimum Deductible||Max Out-of-pocket Expenses|
Group Life Insurance
When employees elect to participate in company-sponsored life insurance plans, they do so for the peace of mind in knowing their family will be taken care of if something should happen to them. It’s not a scenario that anyone likes to think about, but it is a smart benefit for employers to offer and for employees to consider. Of course not all life insurance plans are created equal. Forum is here to explain the differences and make recommendations that best fit your company’s budget and the lifestyles of your employees. In the big picture, it’s a small price to pay for the loved ones of your workforce.
Temporary Disability Insurance
Simply put, short term or long term disability insurance is income protection for your employees — because not having a regular paycheck due to illness or injury for any period can have a huge impact on individuals and families they provide for. Forum helps companies meet state mandated requirements and relieves staff from the burden of plan administration. We also work alongside insurance providers to help employees with claims and, most importantly, to get them back on their feet at back on the job.