Voluntary Benefits
Small employers face a constant balancing act in order to keep and retain valuable employees through attractive salary and benefit packages, while keeping your practice’s profitability in mind. MDIS has developed a new and exciting initiative, putting together a special group voluntary benefit platform for MDIS in conjunction with our partner BenefitsDirect. This new benefit platform will provide MDA members with the ability to provide their employees with voluntary coverage’s that historically were only available to large employer groups. The new platform brings “Large Employer Group Benefits to Main Street Employers” by aggregating the entire association’s purchasing power to deliver a best in class benefit package to your practice that would otherwise not be available to a traditional small employer.
The MDIS voluntary benefit platform allows you to provide no cost benefit plans that provide true value to the overall financial portfolio of your employees. Voluntary benefit plans help people protect their financial well-being in the event of a serious accident or illness. These plans offer your employees with a way to stay ahead of medical plan gaps and other out-of-pocket expenses that medical insurance alone does not cover. The MDIS platform includes:
• Group Term Life Insurance
• Group Short Term Disability
• Accident Medical Coverage
• Cancer / Critical Illness
• Permanent Life with Long Term Care Insurance (Two Plans in One!)
A few highlights of the MDIS Voluntary Benefit Platform:
• By leveraging the purchasing power of the entire MDA, we were able to obtain very favorable rates, expanded policy coverages, and underwriting concessions that translate to significant savings and value to employees
• A BenefitsDirect counselor will be available to help explain each of the benefit plan options inside of the platform to you and then help communicate these voluntary coverages to your employees; all while promoting your paternalistic desire to help them and the good will associated with making these benefits available
• These plans are 100% employee-paid, meaning there are no employer costs at all to you
• BenefitsDirect, as a third party administrator, streamlines the communication and administration of the MDIS voluntary benefit platform by providing a truly turn-key solution
We strongly encourage you to review the information provided by BenefitsDirect and let them know when they can schedule a meeting to explain the new program highlights and benefit options now available to your employees. (Click on the link below to view the employer handout on the new program.)
