Employee Benefits

We help businesses navigate the insurance universe to
find cost-effective benefits that boost employee

As a business seeking clarity in today’s increasingly complex insurance market, it is more crucial than ever to have a reputable agent with the proper expertise and understanding of your business. With regard to employee benefits, Cosmo’s staff of knowledgeable agents put the full weight of their longstanding position in the industry at your disposal. With our due diligence and out-of-the-box strategies, we’ve developed creative coverage solutions for thousands of clients geared to their specific needs.

Cosmo can take care of everything for you. We create solutions that will empower you, support your employees, and put everything you need to manage your business and benefits successfully. Take advantage of our wide range of unique group plans with highly competitive rates. We’re here for you, always. You can choose a policy with confidence, knowing a Cosmo Insurance representative will be there for you when you need them most.

Our employee benefits packages include:

  • Health Insurance
  • Dental Insurance
  • Life Insurance
  • Vision Insurance
  • Disability Insurance
  • Executive Benefits
  • Assistance with TPA
  • Human Resource “HR” Compliance
  • Small and Large Group Compliance Filing
  • Payroll
  • Cobra Administration
  • Set-up voluntary benefits
  • Education of business compliance including;
    Family Medical Leave Act (FMLA), Sick, Leave, Covid-19 laws

Payroll & HR Benefits

Our payroll services helps businesses navigate the tough and complex world surrounding employee benefit plans.

Managing and paying your people has never been easier!

Cosmo Insurance Agency focuses on understanding your payroll services and HR needs so we can offer the most appropriate technology for your business. We review the size of your company, overall business needs, and budget. And most of all, we listen to your concerns, goals, and past experiences, using these to build a proposal that fits your payroll needs.

1. Perform a thorough analysis to determine the most cost-effective solution for payroll services.

2. Prepare a proposal.

3. Collect business and employee information for a smooth transformation.

4. Provide users with training on how to apply and use systems features.

PEO Benefits

PEOs, or Professional Employer Organizations, provide comprehensive HR solutions for small and mid-size businesses. Payroll, benefits for employees, HR, and regulatory compliance assistance are some of the many services PEOs provide to growing businesses across the country.

As any PEO provider understands, It’s important to have top-tier benefit services in place in order to attract and retain high-level talent for your team. PEO services include time and attendance, recruiting, employee training, attorney review, and performance management.

Under a PEO co-employment agreement, the PEO acts as the employer for tax identification purposes, while the client company runs the business and manages the employees as usual. In addition, the PEOs take a small monthly payment for managing the payroll and HR aspects of the business.

To qualify for PEO services, your business needs a minimum of three employees enrolling in health insurance. Generally, businesses need a high participation of enrollment to secure a more competitive price. For PEO to be the right fit for your business, the fees must offset the savings on your health insurance benefits.

Employee Benefits (Group Benefits):
Medical insurance, dental insurance, HSA, FSA, life insurance, vision insurance, and COBRA benefits

Payroll Management:
Employee payroll audits, tax filing, data entry, and direct deposit services

Risk and Compliance Assistance:
Employment Practices Liability Insurance (EPLI) options, Affordable Care Act (ACA) plan support, and unemployment benefits assistance

Technology Platforms and Support:
Mobile app access, time-off tracking assistance, and expense reimbursement support

HR Support:
Industry support and specialization, employee onboarding, and benefits enrollment

Cosmo provides the following services at no cost:

Insurance Navigation

  • On-boarding
  • Quoting
  • Customized plans

Claims Assistance:

  • Denials
  • Pre-Authorizations
  • Advocating
  • Guidance for billing, enrollment, and COBRA administration

No two companies are alike. Cosmo takes an ambitious, distinctive approach to find the perfect policy that satisfies your budget and makes your team feel secure.

Employee Benefits FAQS

Group insurance coverage is a type of policy purchased by an employer, and is offered to eligible employees of the company and to eligible family members of employees. With group insurance, the employer selects the plan or plans to offer to employees.

No. With group health insurance, the employer selects the carrier, type of plan, and terms of coverage for the company. Additionally, the laws regarding how coverage can be issued to large and small groups are different, and the way that premium rates are determined is also different and may differ on participation.g the payroll and HR aspects of the business.

Ask yourself these questions: 

Who requires coverage?

Review your employees’ eligibility and the eligibility of their family members and those dependent on them for care to create a solid benefits package that will cover the wide array of needs your employees represent. 

Which types of benefits are important for your and your employees?  

Although it is prohibited by federal laws to inquire regarding the personal and medical history of employees, it is advisable to have a conversation with employees to determine what benefits best suit their needs. 

During the strategic employee benefit proposal, be sure to cover all aspects including:

Monthly Premiums –  Make sure you are aware of the amount your employees will be able to afford every month.

Deductibles, Copayments and Coinsurance – Make sure the amount you have to pay for your employees collectively is comfortably within your affordability range. 

Medical Provider Networks – Ensure that any medical professionals, hospitals or clinics you may need to seek care from are part of your plan’s network. 


Employee Benefits Enrollment Process:                                           

At Cosmo, we have specialists on our team who will guide you through enrolling your employees in a plan that fits your company’s needs and budget. It’s important to respond to all inquiries from our team throughout the process with  current and correct information. Keep in mind that although premium amounts can vary, depending on the medical history of each employee, every one of your employees will receive coverage.