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.
Choose a path of coverage (foundation, select or premium) within your budget for each of the 5 benefits.
Plan members see your budget as flex dollars they can allocate to each of the benefit selections, personalizing their coverage.
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).