Employee Benefits
Services for Employers
For more information, contact us and let a Benefit Specialist assist you in picking the best plan for your business.
Benefit Enrollment & Communication
BMB utilizes technology to make your benefit enrollment process as smooth as possible without actually burdening your staff. Our tools allow us to enroll in person or remote, run real time reports, and provide you payroll with easy-to-read deductions. Communication is key in employee benefits just like all other aspects of your business. Employees must not only understand their benefits, but how and where they can use them. BMB helps to effectively communicate these items so you don't have to.
Medical
The marketplace of group benefits has made major changes each year, and will continue to change in the future. Changes include: new plans, new carriers, and rates. Change is a standard factor in this field. At BMB, we have access to a comprehensive market of plans and carriers to meet your needs and to keep you in the forefront of employee benefits. We can handle your complete benefit needs, group life, disability, dental, vision, and medical coverage. We offer a full array of medical coverage: PPO, POS, HMO and traditional plans to meet your needs.
Dental
Our smile and oral health care are vital to our well being. Be it you, your spouse, or children, dental care is an excellent way to protect your family’s wellbeing. Dental plans provide free comprehensive cleaning twice a year, coverage for major and minor care like filings, extractions, root canals, or oral surgery, and orthodontics for children. Let BMB help you pick a plan that is beneficial to your needs.
Vision
Annual Eye Exams do more than check your vision. Optometrists can detect glaucoma, diabetes, and many other health conditions from your exam. We offer plans that have Eye Exams and Lenses with low one-time copays. These same plans also have high allowances available for Frames and Contact Lenses. Let us know what you need, and we will find the right vision plan for you and your family.
Basic/Voluntary Life
We have a vast market of products and carriers to meet your needs. This means that we will not force fit you into one company or product. We first start off by determining your wants and needs through a Comprehensive Needs Analysis. Then we shop out your tailored plan through our extensive brokerage market. We have markets for all forms of life insurance (Whole Life, Term, Mortgage, Universal, and Modified Life Policies). Lastly, we review and update your plan annually as your needs change.
Short/Long-Term Disability
Becoming disabled is an unfortunate hazard of life. The incidents of disability occur three times more frequently prior to retirement than premature death. On an average, disability lasts around five years, and can destroy the financial plans of the unprepared. While Social Security can provide some relief in the event of a disability, these benefits are usually subsistence levels and hard to qualify for with a one year wait. The risks associated with disability can be compensated against. The most valuable asset an individual possesses is the ability to earn an income, which is why it needs to be protected.
Telemedicine
Sometimes we just don't have the time or the ability to stop and get to a doctor. This is where Telemedicine comes in. In one click on an app, you can be connected with a doctor to help with all of your minor illnesses or injuries 24/7, 365. Some of the most common uses of Telemedicine include earaches, cough, cold, flu, pinkeye, rash, stomachaches, sinus problems, etc.
Cancer Protection
No one likes to think about getting cancer, but in the U.S., men have slightly less than 1 in 21 lifetime risk of developing cancer. For women, the risk is a little more than 1 in 3. Cancer may not be preventable, but you can protect yourself from some of the costs associated with cancer. Cancer and Specified Disease insurance can help you manage the high expenses of treatment, preserve savings, protect your family from financial hardship, and help you concentrate on getting well.
Critical Illness Protection
Events like a heart attack, stroke, or organ transplant can destroy your family’s well being. Today, advancements in medical technology can mean an increase in the chance of surviving a critical illness or living with a critical illness for months, perhaps even years. This benefit can be used to help meet expenses which are not normally covered under traditional health insurance. Which means you and your family can concentrate on getting well without worrying about having enough money to cover bills.
Accident Coverage
It's impossible to forecast an accident. But as all families know, an unexpected accident can throw your finances into a tailspin. When an accident occurs, ambulance transportation, diagnostic exams, surgery and follow-up doctor's visits leave you to pay insurance deductibles, co-pays, out-of-pocket max, and a loss of income. Accident insurance can help cover these expenses.
Long-Term Care
Long term care is a type of insurance to help alleviate some of the costs if you become unable to care for yourself due to an extended illness or disability. These financial obligations could be very costly to you or your family members. Let our company assist you in finding the right long term care plan for you.
Business Continuation Planning
The principal objective of a buy-sell agreement is to replace uncertainty with certainty. The buy-sell agreement establishes a contractual method of transfer of a business interest. Under this agreement, the ownership of each owner of the business is to be sold when a specific event occurs: death, disability or retirement. It is sometimes referred to as a purchase agreement, stock retirement, or business continuation agreement.
Pension & Retirement Planning
Ninety percent of the workforce do not plan for retirement. Ninety eight percent of the work force depend on their employer and the government to provide for their retirement benefits. Seventy five percent of key employees surveyed stated that a retirement plan determined their long term commitment to their employer. We can structure a plan from a sole operation to the employer with thousands of employees. We can structure a plan to meet your financial needs and investment risk.
Group Legal Plans
Employees have enough day-to-day concerns without adding the cost and time they may need for legal issues. Group legal plans are a way to deduct payroll for access to attorneys year-round. Some of the most common uses include wills, uncontested divorces, contract review, ;ease/rental agreement reviews, debt collection services, traffic tickets, etc.