OurBlog Archive: Flex Benefits
With a flexible benefit plan, employees are able to choose the benefits and the level of coverage that's right for them. Rather than provide a defined (one size fits all) package of benefits under a traditional benefits plan, a plan sponsor supplies plan members with benefit options (flex benefits). Plan members use credits allocated by the plan sponsor to purchase their benefits coverage, with different levels of coverage provided for each benefit type. When Plan Sponsors ask about flexible benefits,…//Read More
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