Here are some of the most frequently asked questions by consumers about our supplemental benefits options. Please contact us if you have additional questions or to schedule an introductory call.

 

Q: Can we start anytime, or does it have to be during open enrollment periods?

A: Since these are supplemental benefit options, companies can add this anytime and have their employees enroll right away.

 

Q: Do I have to change or drop any existing benefits for my employees?

A: No! These are extra and do not replace any of the existing benefits you may already have in place. These are a complement to what you already offer, and you don’t have to change any vendor relationships.

 

Q: Is this really a zero net cost option?

A: Yes! Qualifying companies with five (5) or more full-time W2 employees are eligible, and this special plan uses pre-tax savings to pay for these benefits while the employees keep the same amount of take-home pay as they would without these benefits.

 

Q: How does the company save money?

A: First, employers save on payroll tax. They also save on workers comp costs, since it is based on total taxable income on payroll. The company also saves money by reducing turnover, reducing missed work days, and also helping to improve productivity. This creates a net positive result!

 

Q: My company has a lot of employees and we self-fund our insurance benefits, does this also apply?

A: Yes! In fact, larger companies will see even more savings because these benefits help lower regular insurance claims usage, which can add to your bottom line exponentially.

 

Q: Do these apply for part-time employees?

A: While the additional options might not be available to them, they will still get access to Innovia Behavioral Health’s services.