Employer Benefits
- Self-insurance is beneficial for employers, because they are not subject to certain state requirements, and can get their unused money back at the end of the plan year.
- Employers can recover some unused money at the end of the year.
- Monthly costs reflect only the expected claims of employees.
Flexibility
- It offers you the flexibility to meet health care challenges, and allows you to manage health care costs more efficiently.
- Customized plans and flexible benefits packages.
- Exempt from some government regulations.
- Exempt from certain taxes and fees.
Coverage
- You still receive the benefits of a network of providers, with contracts that help determined prices.
- Financial protection of claims exceeds that amount (stop-loss)
Cosmo Insurance Agency is a full-service independent insurance agency based in Hackensack (Bergen County) and Lakewood (Ocean County), New Jersey that offers an all-encompassing range of insurance options for both individuals and businesses. Cosmo keeps its promise to assure an efficient and creative approach to the services we offer. Each of our clients experience a personalized and long-term relationship with us. Our New Jersey based team of health brokers guides our clients in helping them choose the most cost-effective options. By incorporating our knowledge of the insurance guidelines for healthcare, employee benefits, life insurance, self-insurance, dental, disability, and long term care insurance, we keep our clients up-to-date with affordable plans that cover all their specific insurance needs.
