Employee Benefits

At GUS BATES, creating customized Employee Benefits programs is our specialty. Our consultants will provide you with a myriad of options, then help you understand all of the plans and products on the market. We make it a point to show not only the most cost-competitive options, but also how to create value within an employee benefits package.

We’ll help you successfully implement consumer-driven plans and creative options

Plans tailor-made to your business needs

Group Medical

Group medical insurance usually comes with a wide variety of options. Gus Bates helps employers minimize costs while simultaneously crafting a valuable benefit plan for employees. We have extensive knowledge and experience with group health plans and maintain strong relationships with insurance carriers. As a result, we can customize a solution that fits each client’s unique needs and keeps the cost/benefit scale balanced. Plan designs and administrative setup options include:

  • Health Savings Account
  • Health Reimbursement Arrangements
  • Fully Insured Plans
  • Self-funded Plans
  • Captive Arrangements
  • Professional Employer Organizations

Group Vision/Dental

Group dental and vision plans can help complete your employee benefits package, and both markets offer a variety of options. We’ll help evaluate the benefit levels, networks and contracts so you can pick the option that provides the greatest value to your employees.

If you wish to create a more robust benefits package without increasing cost, we can help you set up voluntary, employee-paid dental and vision programs. We also have extensive experience creating successful ASO (self-insured) dental and vision programs for larger group plans.

Group Life

Group life and accidental death & dismemberment insurance is a low-cost, low-maintenance benefit and a valuable component to an employee benefits package. We can advise you on which option is the better fit for your comprehensive benefits package.

To make the benefit even richer, we like to encourage employers to offer voluntary life insurance over and above the amount the company provides with guarantee-issue features. This allows employees to purchase additional life insurance with no physical exam or health questions required.

Group Disability

We believe that group long-term disability is one of the most important and affordable benefits an employer can offer. We can help navigate the maze of contractual payment guidelines, elimination periods, carve-out options and other decisions to keep disability insurance affordable.

We help employers evaluate the decision to offer disability coverage on an employer-paid or voluntary basis. We can even design management carve-out plans that are geared toward attracting and retaining key employees.

Group Longterm Care

As the population ages, there is a great need for elder care. Long-term care insurance will only become more valuable as a benefit to employees in the future. Due to increasing awareness, it’s rapidly becoming one of the most popular employee benefits.

We have a lot of experience with contract design and funding options for long term care plans, and we’re here to assist you if you decide to offer it to your employees.

Group Supplemental

One of the most cost-effective and creative methods of completing a benefits package is to offer voluntary supplemental products. The Supplemental Benefits Division at GUS BATES will evaluate a client’s needs and compare the numerous plans available. Supplemental policies are often individually owned and funded, which means introducing such plans isn’t so much a financial decision as an employee exposure and enhancement decision. Some positive features of supplemental plans include portability and potential tax savings for both employees and employers.

We offer a full range of supplemental insurance policies that appeal to employees of all income and age ranges. These are some of the most popular types of policies:

  • Accident Plans
  • Cancer Plans
  • Critical Illness Plans
  • Hospital/ICU Plans