860 Washington Ave, Chestertown, MD 21620 • Call us (410) 778-9008
Employer sponsored benefits have long been a major component of retention for business owners, as well as incentives for prospective employees. From healthcare coverage to financial protection, these plans provide a sense of security for both the employer and employee. As the available workforce continues to change, it remains essential to have an advantage over competition with valuable and high quality benefits for employees.
Chesapeake Benefits works diligently with business owners of all sizes to determine the most cost effective approach to employee benefit plans. Since employer sponsored plans have gradually transitioned into employer shared responsibility, where both the employer and employee share the cost of the benefits, it is essential to find the appropriate solution. Increased insurance premiums have affected the overall cost of these plans, causing the shift to the employer shared approach.
Providing optional benefits to employees allows business owners to fulfill the need for protection from life’s uncertainties. Illness or injury of an employee will likely have an effect on both the employee and his/her family, as well as the employer. A quality benefit program can assure that the employee can recover physically and financially and return to work without interruption.
- Fully insured major medical insurance
- Self-funded arrangements
- Short term and long term disability insurance for accident and illness
- Guaranteed issue life insurance
- Dental benefits
- Corrective vision coverage
- Long term care
- Health Reimbursement Accounts
- Critical illness benefits
- Accident coverage
- Hospital indemnity benefits