It’s hard running a business anywhere in this country.  With all the expenses, insurance concerns, growth plans, and so on, it can be hard to get ahead.  On top of that, you’ve got to attract the best employees possible if you want to get ahead. If you want something “extra” to help retain and encourage your employees,  why not consider Supplemental/Voluntary Benefits?

Why Supplemental/Voluntary Benefits?

Cash benefits from supplemental health insuranceSupplemental Insurance is a voluntary benefit that works in tandem with or without any health insurance benefits you may already offer. They pay the policyholder cash benefits for a specified illness or injury over and above what their health insurance pays.

Many health insurance programs can be very expensive for an employer. To offset the costs, most providers will offer options for high deductibles.  This means that policyholders will have to pay more out of pocket. These high deductible plans are designed with the “big stuff” in mind.  The policyholder knows the ‘little stuff” will be picked up as their hard cost.

That’s where our supplemental policies can be a lifesaver.   Supplemental policies are affordable, give additional coverage for specific health conditions – such as accidents, dental coverage, hospitalization, cancer, etc.  The supplemental policies pay out directly to the policyholder when they make a claim, so there is no fuss with who gets what. The policyholder decides how to use the money – Deductibles, co-payments, loss of work, or everyday bills and expenses.

What Can This Do For My Business?

At the Bullock Agency, we offer numerous supplemental insurance policies.  Our programs are customizable for the size of your business and what benefits you want to offset. While an employee might try to purchase a policy on their own, they are likely to pay more.  When offered through a business, they are extended payroll rates which saves them up to 40% on their premiums. With a payroll group, it’s easy and convenient for employees to sign up and let’s them know you care about them.

By offering programs through payroll deduction, the employee pays for their select policies themselves.  If you want to, you can also contribute as part of their benefits programs. In fact, many small business owners will opt to contribute an amount per month for purchase of supplemental programs if they aren’t providing health insurance.  So whether you just provide access to supplemental insurance or contribute to their policy purchase, you are providing essential insurance benefits to the employee when they may need it most!

Why Cache Valley Businesses?

Insurance for businessWell, aside from being based in Cache Valley for over 30 years, and having helped thousands of policyholders, we love seeing businesses grow and thrive in the valley and elsewhere. As the growth increases, so do the benefits you need to offer.  Being able to offer good supplemental insurance policies makes working for you more appealing to potential employees. If they don’t want to participate, they don’t have to, so that’s no harm to you.  If they do want one, you can offer it at no cost to you, while helping them out in case of whatever happens.  It’s a win-win for everybody.

We are also members of the Cache Valley Chamber of Commerce.  If you’re already a member, or if you join up, we have additional discounts available.  Getting in with the right people can allow you to have the some of best insurance benefits to offer your employees in the valley.

What Benefits Are There?

The Bullock Agency offers many supplemental policies, including health, dental, and life insurance.  We can cover cancer, accidents, hospitalization, short-term disability, critical illness, general wellness, and much, much more. The wide variety of options gives your employees the power to customize their coverage to meet their needs and concerns.  No more tailoring their lives around what policies the insurance giants offer.

Best of all, supplemental policies pay out directly to the policy holder.  They get to decide how to best spend the money.  Once the cash is in their hands they can pay off medical bills, buy groceries and pay house bills while they are forced to stay at home because of an injury or illness.


See How We Can Help Your Business

We’re always looking to help people and businesses.  If you’d like to be able to offer your employees better benefits at no cost to you, then get in touch with us.  We’ll give you all the details you need to know and help you set up the best offers in the valley.