How to Use Your Employees’ Spousal Plans to Reduce Costs:

With traditional group health and dental insurance plans, it is common for employers to pay full premiums for all of their employees to be “covered”, when in fact some of your employees are already covered for a percentage of their health and dental costs through their spouse. So while you are paying premiums every month to cover your employee, their spouse’s employer is doing the same thing. This creates “double coverage” and results in significant dollars being wasted every year.

Using an Olympia Health & Dental Plan, you can have your employees claim the first portion of their health and dental costs through their spouse and run only the remainder through your plan! This does two things:

1. Reduces your business costs for employee benefits significantly
2. Tops up your employees’ plans, and results in 100% coverage on more expenses

Personal (Private) Health & Dental Insurance Premiums:

While the Olympia Health & Dental Plan offers a cost effective and flexible plan for your employees, there will usually be a small percentage of your team that feels more comfortable knowing that “they are covered” if anything happens. So in addition to the Exceptional Expense Insurance plan offered through Olympia that covers off common concerns, your employees still have the option of using their annual benefit dollars towards purchasing an individual or family insurance plan through any provider they choose. Any premiums paid towards a health and dental insurance plan are fully eligible for the Olympia Health & Dental Plan.

Employees then have the option to shop for insurance plans that fit their specific requirements, instead of being grouped in with all other employees for the same plan. The bottom line is – Olympia plans offer more flexibility than insurance! Period!