Employee Benefits

Employee Health Benefits from Golden Compass Insurance In this era of health care reform and compliance priorities, choosing the right broker to handle employee benefits is essential. Here at Golden Compass Insurance Services our team works with small business insurance as well as enterprise-level business insurance employers every step of the way to ensure a smooth enrollment process. Each of our California clients receives a dedicated account manager to assist with everything from enrollment to day-to-day account maintenance.

We currently service employee benefit accounts with as few as two lives to 1,500+ lives. We evaluate each account individually and no account is too small or large for our brokerage. Need an HSA or a Section 125 Cafeteria Plan? We have extensive knowledge of the implementation of these programs. We proactively work with our insurance carriers and service providers to create a top quality program tailored to best suit your needs.

Currently, we have appointments for employee benefits with: Kaiser, United Health Care, Anthem Blue Cross, Assurant, Health Net, Blue Shield California, All State Benefits, VSP, and many more! In addition to health, dental, and vision, we offer supplemental coverages such as long-term disability, critical illness, and accident. These are just a few examples of the value added coverages that our brokerage can offer.

ACA Employer Mandate

Employee Benefits for healthcare from Golden Compass InsuranceUnderstanding the complexities of PPACA compliance is vital to us. Our goal is to always have up-to-date information on the changes that may affect our clients’ employee benefits.We do this by continuing our education through attending seminars and various informational meetings. Also, we are paid members of the National Association of Health Underwriters (NAHU), which keeps its members updated on the changes in legislation regarding ACA Employer Compliance.

Having this proactive approach has given our clients the tools necessary to stay one step ahead.

Executive Supplemental Health Plan

Employee Benefits for healthcare from Golden Compass InsuranceGolden Compass Insurance Services currently works with BeniComp and Armada Care to provide Executive Supplemental Health Plans – employee benefits for executive management. Executive Supplemental Health Plans are a benefit enhancement to attract and retain top executive talent to help grow and sustain your business. These plans are fully insured expense reimbursement insurance policies that allow employers to reimburse their key employees for medical expenses not otherwise covered by health insurance. A few of the covered benefits are health insurance deductibles, prescription drugs, dental and orthodontic expense reimbursement.

Generally, expenses that are medically necessary and qualify under Section 213 of the Internal Revenue Code can be eligible for reimbursement under these plans. Please call us today for more information on providing this additional benefit to your executive portfolio.