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Employer (Plan sponsor)

Define a budget
per employee

Talk to your advisor about competitive benefit offerings for your industry and what you think your employees would value. Evaluate your budget and decide what you are willing to invest in your team’s benefits plan.

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Create the plan

Choose a path of coverage (foundation, select or premium) within your budget for each of the 5 benefits.

  • Short Term Disability
  • Long Term Disability
  • Life/Accidental Death and
    Dismemberment
  • Dental
  • Health
STD
Short Term
Disability
Health
Health

ADD
Life/Accidental Death
and Dismemberment
Dental
Dental

STD

Long Term
Disability

Employee (Plan member)

Views your budget as flex dollars

Plan members see your budget as flex dollars they can allocate to each of the benefit selections, personalizing their coverage.

 

Personalizes benefits

Plan members use flex dollars to make benefit selections from the set of options you choose. Any leftover flex dollars are saved in a health care spending account (HCSA).

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Is a flexible benefits plan
right for you?

Find out which style of benefits plan is right
for you, using our 2-step decision tool.

Step 1

 

Determine your
cost/competitiveness profile

Step 2

 

Decide how important is it to
provide your employees with
choice and flexibility

Get a quote!

Isn’t it time to think differently about group benefits? Learn how myFlex can help your business stand out from the crowd. Contact the myFlex team today.