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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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Two-thirds of Small Firms Are Boosting Their Benefits Packages: Poll

InterWest Insurance Services

401(k)s or other retirement plans. Dental insurance. Life insurance. Accident insurance. Long-term and short-term disability insurance. Accidental death and dismemberment insurance. Critical illness insurance. Hospital indemnity insurance. Vision care.

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Budgeting for Benefits: Sage Advice for Cost-Conscious Employees

Griffin Benefits

For workers who are still attracted to an HDHP despite these risks, employers should make sure to explain how accident, critical illness, and hospital indemnity insurance can effectively be paired with an HDHP to help shore up some of these risks. Discuss short- and long-term disability insurance, when it applies, and how to use it.

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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.”. Insurance that is accepted at a greater range of places. Outstanding pharmaceutical and/or hospitalization coverage.

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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.