We uphold a due diligence standard to determine what insurance and employee benefit providers we will work with. Researching their solvency, claims paying ability, administrative and underwriting professionalism, all are key areas we look at before we create custom tailored plans for your organization.
We offer the following employer-paid or employee-paid products:
Group Health Insurance
Consumer Driven Health Plans
Long Term Disability
Short Term Disability
Small Business Disability Plans
With today’s rising medical insurance costs and tightening budgets, every dollar counts. FBS consulting team will negotiate with insurance companies to provide your employees the best benefit package available. Different variety of cost-sharing ideas, prescriptions, office visit, wellness programs deductibles… all can be designed to help you reduce cost without reducing benefit levels.Managed Prescription Drugs
Our program is designed for the small business organizations who want to carve out the prescription coverage from their medical plan and place the program with a specialty pharmaceutical company. FBS clients have realized a savings from 10%-25% off retail costs for prescriptions.
Consumer Driven Health Plans
In Michigan 50% of health care costs are attributable to personal lifestyle choices-smoking, overeating and lack of exercise. As an employer you can now design a program that will reward health conscious employees.
These new programs can be designed to have the employee in charge of their own care and benefit from the rewards-Health Saving Account, or we can design a program that would place the employer in charge of the program and they would benefit financially from the program.
Regardless of the size of your company a retirement plan is key to retaining and recruiting employees. Franklin Benefit Solutions can design a retirement plan that has low cost and can help your employees prepare for tomorrow. Retirement plans are really flexible, they can be set up to keep your expenses low, and allow employees to contribute to the plan with pre-tax dollars.
We offer multiple programs with various degrees of simplicity, design and cost, all available with tax advantages to meet your needs.
Our Basic Program would cover preventive care and cleanings while the Preferred Dental Program, offers more comprehensive coverage, such as root canals and extractions. Finally, the Premier Program covers most dental services including orthodontia and bridges.
Learn how to choose a vision plan for your small business or nonprofit organization. We’ll provide helpful information on how to assess your needs and compare options. Understand how vision insurance plans use networks of providers for services such as eye exams, and learn the difference between plans that provide benefits or discounts.
Long Term Disability: Provides monthly benefits for employees who are partially or totally disabled by a covered physical disease, injury, pregnancy or mental disorder. Typically benefits become payable after a 90 or 180 day waiting period.
Short Term Disability: Provides weekly benefits for employees who are partially or totally disabled by a covered physical disease, injury, pregnancy or mental disorder. Typically, benefits are payable for 13 or 26 weeks.