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16+ types of employee benefits you should consider

Genesis HR Solutions

There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. Medical Insurance. Medical insurance is likely a no-brainer— it’s one of four major types of benefits most employers offer. Hospital Insurance.

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Budgeting for Benefits: Sage Advice for Cost-Conscious Employees

Griffin Benefits

Such risks can manifest themselves in larger out-of-pocket expenses, or cash flow issues at the beginning of the plan year, while they work to satisfy their deductible. Some of these decisions, such as foregoing healthcare, disability, and life insurance, could prove catastrophic.

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What employees expect from benefits packages

Business Management Daily

To qualify as such, the government states the plan must “pay at least 60% of the total cost of medical services for a standard population” and “include substantial coverage of physician and inpatient hospital services.”. Medical plans with no or low-cost deductibles. Insurance that is accepted at a greater range of places.

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Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

Other types of insurance If an employee loses their ability to earn an income on a temporary or permanent basis, certain types of insurance can help protect their families and livelihoods. Disability insurance , provides employees with replacement income and pays for medical bills if they become disabled and are no longer able to work.