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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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Get Started

Create the plan

Choose a path of coverage -- Foundation, Select or Premium -- within your budget for each of these benefit categories:

  • Health
  • Dental
  • Life/Accidental Death & Dismemberment/Critical Illness
  • Long-Term Disability
  • Short-Term Disability
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Health
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Dental
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Life/Accidental Death
and Dismemberment
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Long Term
Disability

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Short Term
Disability

Employee (Plan member)

Views your budget as flex dollars

Plan members see your budget as flex dollars, which they can use to choose their benefits from the options you’ve selected. This allows them to customize their coverage to meets their needs.

 

Uses leftover flex dollars when needed

Any flex dollars a plan member has not allocated to their benefits coverage are saved in a health care spending account (HCSA).

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Is a flexible benefits plan
right for you?

Find out – use our two-step decision tool.

Step 1

 

Determine your
cost/competitiveness profile 

Step 2

 

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

Get a quote!

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