Group Benefits

Group Benefits Management

Employee Benefits: Rising Premiums vs. Quality Care

Businesses of every type and size face the challenge of meeting rising premiums with cost-effective plans that won’t sacrifice quality care and service.

Our dedication to knowing your company and its needs ensures that we do everything we can to take some of the sting out of soaring premiums while your employees enjoy a benefits package that remains desirable.

Currently we represent over 400 employers with a retention rate exceeding 99% because we maintain an ongoing involvement with your business and constantly educate you on the latest legislation, tax developments, strategies and adjust your benefits plans accordingly. Our customized attention and responsive service set us apart from other insurers.

Contact us today to begin making the best of your employee benefit options.

Business Continuation Planning

Business Continuation Planning

Major Transition Preparedness: Retirement, Permanent Disability or Death

When a key contributor is taken out of the picture, business continuation planning is critical to maintaining seamless management of business operations. The options available to you in such an event normally include liquidation, retention of the business for the owner’s family or sale of the business.

A well-considered, documented plan is paramount to exercising these options in a way that proves beneficial to both the departing owner and his/her survivors as well as the remaining owners. Without a plan, all parties risk having their investment value diminished and their control diluted.

We work with your closest advisors (attorney, accountant) to develop a continuation roadmap and document the procedures to be followed in the event of an unexpected interruption.

Contact us today to begin building a prepared plan of transition for your business.

Estate Planning

Estate Planning*

Protection of Assets: Distribution & Tax Advantages

Confronting “what if” scenarios of death can be difficult – you might think you are too young or that your estate is not big enough to warrant an estate plan.  However, without a systematic plan, estates can be diminished by taxes or distributed in a manner that does not match your wishes and timeline.  We can help you create a roadmap that protects the value of your estate, to an extent legally possible, and clearly defines your inheritance plan.

We also work with your closest advisors (attorney, accountant), as needed, to assemble the expertise required to handle your unique case. For peace of mind, contact us and put a plan in place today.

*Estate Planning services are provided by working together with your Estate Planning Attorney, Tax Attorney and/or CPA. Consult them for specific advice on legal and tax matters.

Long-Term Care Planning

Long-Term Care Planning

Reducing the Burden: Asset Protection & Care Coverage

As life expectancies increase, there is greater likelihood that individuals will experience a chronic and debilitating illness requiring long-term care.  Long-term care includes all the health, social, psychological and other services people need to support life over a long period. (e.g., nursing care, daily dressing, bathing, feeding)

Contrary to popular belief, many of these custodial costs are limited to a specific time period or have limited or no coverage by health insurance or Medicaid.*

Long-Term Care insurance is a great way to ensure you receive the care you need in an appropriate environment, while helping to protect your assets and reducing the burden on family and friends.

Contact us today about setting up a proactive long-term care plan.

*Medical guidelines vary by state. Contact your local Medicaid office for details.

Health Care Reform

Health Care Reform

Employer Responsibility: Compliance Checklist, Updates & Deadlines

With the advent of the Health Care Reform Act, Massachusetts employers have a greater responsibility to assist the Commonwealth in reducing the population of uninsured individuals.

Some key pieces of the legislation include:

  • Health Insurance Responsibility Disclosure (HIRD)
  • Nondiscrimination Guidelines
  • Extended Health Insurance Coverage for Dependents through Age 26
  • Section 125 Plan
  • Free Rider Surcharge
  • Fair Share Assessment
  • The Connector

If you have questions, please feel free to contact us and we’ll go over the details.