Communicate Vital Information About Benefits To
- A Self-Service Web Portal with 24 / 7 Access
- Educational Videos
- Employees Will Have The Ability To View Benefits & Pricing
- On-Line Enrollments In Real-Time
- Reduces Paper Handling
- Greatly Reduces The Number Of Calls To You & Others In The HR Department So Efforts Can Be Shifted To More
- Company Policies & Procedures
Benefits and the terms used to describe them can be confusing
for some employees. That is why PlanSource created a series of short videos that explain some common benefits terms and concepts in easy-to-understand language.
To help you get the word out about the videos to your
employees, PlanSource put together templates that you can quickly copy and paste into an email. The template below can be geared towards NEW HIRES who will soon
enroll in your benefits OR to all employees for OPEN
ENROLLMENT purposes. We have included links to all the videos and short descriptions. You will
customize these emails by keeping the ones that are relevant for your company and deleting the others.
HERE IS AN EXAMPLE OF AN EMAIL BODY THAT YOU
CAN CUSTOMIZE & SEND TO YOUR EMPLOYEES:
- What is Accident Insurance?
Supplements your health insurance to cover expenses related to an accidental injury or unexpected surgery. View The Video.
- What is Long-Term Disability
Insurance? Provides financial protection if you are unable to work for an extended period of time due to a serious accident or
illness. View The Video
- What is Short-Term Disability
Insurance? Replaces a portion of your paycheck if you are unable to work due to an off-the-job sickness or accident.
View The Video.
- Everything you need to know about COBRA
A program that provides the ability for you and the dependents covered on your health plan to keep coverage after you lose your
job or lose coverage for other reasons. View The Video
- What is Evidence of
Insurability? Some insurance plans require you to show you are in good health. This is called Evidence of Insurability, or EOI, and is
most common with life and disability plans. View The Video
- When can I make changes?
There are only certain times when you can enroll in benefits or make changes - when you’re first hired, during open enrollment, or after a qualifying
life event. View The Video
- What is defined contribution?
With defined contribution, companies provide one lump sum of money and you get to decide how to spend it on your benefits. View
- Everything you need to know about Health FSAs
A Health Flexible Spending Account is a pre-tax savings account that can be used for out-of-pocket healthcare expenses, such as
medications and copayments. View The Video.
- Everything you need to know about Dependent
Care FSAs A pre-tax account that can be used for day care, elder care, and even care for dependents with disabilities.
View The Video.
- Everything you need to know about HSAs
A Health Savings Account is a savings account used to put pre-tax dollars aside specifically for your out-of-pocket health
expenses. View The Video
- What is a CoPay? A fixed, set amount of money you must pay each time you visit the doctor or need medication when using your health insurance plan. View The
- What is Coinsurance?
The percentage amount that the insurance company will pay for your medical bill after you’ve paid your deductible. View The
- Premiums, Deductibles, Copays and Out of
Pocket Maximums These terms describe how much you pay out of your paycheck, how much you or your insurance pays for doctor visits and
the maximum you can pay per year. View The Video
Understanding Medical Plan
- Understanding HMOs, PPOs, and HDHPs
Medical plans differ in how much you pay out of your paycheck versus how much you pay at the doctor, and how much freedom you have
in choosing a doctor. View The Video.
- What is an HMO? A Health Maintenance Organization typically has a lower monthly cost than other types of plans, but does not give you as much freedom when choosing a
doctor. View The Video
- What is a PPO? A Preferred Provider Organization allows you to choose from a larger pool of doctors than other plans, but typically has a higher monthly cost.
- What is an HDHP? High-deductible health plans allow you to pay a smaller monthly amount by having a higher deductible. A health savings account can cover out-of-pocket health
expenses before you hit your deductible. View The Video
- What is the difference between a PPO and a
HDHP? Both give more options for doctors than an HMO. PPOs cost more per month, but have a lower deductible. HDHPs have lower monthly
costs, but higher deductibles. View The Video.
Hopefully these videos will help you make more informed choices
and make your benefits shopping and enrollment experience more enjoyable.