Recruit + Retain + Reward = Results
The most valuable asset of any business is its workforce – particularly its key employees who strategize and drive the company’s vision, growth and success.
Yet in today’s turbulent health care market of soaring deductibles, co-pays, co-insurance and other out-of-pocket expenses not covered by a company’s primary health care plan, it’s difficult – if not cost-prohibitive – for a business to provide its key employees with the added level of insurance coverage they want and need. This, in turn, affects a company’s ability to attract new talent, satisfy existing talent, and to retain both.
Sankaty Light Benefits navigates your business through these tumultuous and murky health care waters with a beacon solution: The Sankaty Light Benefits Key Employee Health Care Cost Reimbursement Plan, ExecSelect™.
Our unique, fully insured plan has been designed as a cost-efficient incentive that a business can offer to RECRUIT and RETAIN key employees to increase efficiency and growth. The plan provides direct, tax-advantaged cost reimbursement to key employees (and their eligible dependents) for health care expenses not covered by a company’s underlying medical plan – and premium costs are tax-deductible for employers.*
*Sankaty Light Benefits does not provide tax, legal or accounting advice. The material in these presentations is set forth for informational purposes, and is not intended to provide, and must not be relied on for, tax or accounting advice. Readers should consult their own tax, legal and accounting advisors for advice on their specific situation.