STEPHENS INSURANCE AGENCY

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STEPHENS INSURANCE AGENCY
OUR AGENCY HAS PROVIDED EMPLOYEE BENEFITS TO OUR
CLIENTS SINCE 1990. WE ARE A FULL SERVICE
INDEPENDENT AGENCY AND ARE DEDICATED TO FINDING
YOU THE RIGHT PRODUCT AT THE RIGHT PRICE-WHILE
DELIVERING OUTSTANDING CUSTOMER SERVICE. FORWARD
YOU WILL FIND THE COMPANIES WITH WHICH WE HAVE
ESTABLISHED LONG TERM RELATIONSHIPS AS WELL AS
THE PRODUCTS WE OFFER. WE TRUST YOU WILL FIND
THIS PRESENTATION INFORMATIVE AND USEFUL IN YOUR
SEARCH TO MAXIMIZE YOUR COMPANIES EMPLOYEE
BENEFIT PROGRAM.
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Stephens Insurance Agency
A Presentation For

• Clients of
• Stephens Insurance Agency

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Three Questions

• Do your employees understand their benefits?
• Do your employee benefits communications deliver
  your desired results?
• Does your benefits package help you attract and
  keep quality employees?

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Employee Benefits
Employers Average 1 On Communication Of
Benefits

• Employers spend an average of 40 percent of
  payroll on all of their employee benefit
  payments.
• WHY? To attract and retain employees.
• THE PROBLEM Most companies do not have
• the resources to communicate these benefits.
• THE SOLUTION Benefits Communication.
• CCH-EXP, HRM-Personnel, Controlling the Costs of
  Benefits Programs, CCH Incorporated, 2002.

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The Process - Three Steps
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Group Employee Meetings
Provide a detailed overview of employee benefits
Specific to your employee benefit program

• Major Medical
• Dental
• Vision
• 401k and Pension Plans
• Disability
• PTO
• Sick Leave
• Holidays

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Third Party Administration
All Services Are Provided On A No Fee Basis

• Cafeteria 125
• Premium Only Plan
• Additional Options
• Full Flex Spending Accounts
• COBRA HIPAA Admin.
• Consolidated Billing

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Use It or Lose It Child Under 13 Must Provide
Physical Care Not Education, Meals, etc.
5,000 for a married couple filing jointly
5,000 for a single parent 2,500 for a married
person filing separately Weekly Reimbursement
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Tax Credit vs. Dependent Care FSA Any
reduction in your taxable pay may also lead to a
reduction in your Social Security Benefits
however, for most employees, the reduction in
Social Security benefits is insignificant
compared to the value of paying lower taxes today.
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Use It or Lose It Weekly Reimbursement
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Medical Dental Vision Hearing Over The Counter
Drugs
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Health Care Spending Account New Glasses 300
Yearly Election - 25 Monthly
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Colonial Supplemental Insurance
Colonial Report Card

• Employees pay premiums through payroll
  deduction-no direct cost to you.
• Employees choose what suits their needs to round
  out your overall benefits program.
• Improve recruiting, retention and morale.

CCH HR WEBSITE
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Colonial Supplemental Insurance
Bill In The Arrears Products Are
Portable

• Focus on three areas of protection--
  Disability, Life, Supplemental Health
• Disability Insurance
• Life Insurance
• Supplemental Health includes
• Accident Insurance
• Cancer Insurance
• Critical Illness Insurance
• Hospital Confinement Insurance

Cost As Little As A Few Dollars A Period
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Employee Retention
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Employee Benefits
What Is Your Cost Of Training A New
Hire?

• Employees can not appreciate what they do not
  understand.
• What your employees do not understand can cost
  you money!

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Enhancing Your Communication Efforts
Third Party Is More Effective

• Group Meetings For Presentation Of All Benefits
• One-on-one enrollment for ALL Benefits
• Benefits Statements for your Employees.
• Salary Illustrations for your Employees.

All on a non-fee basis
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Product Offerings
Medical Dental Life -ADD Long Term
Disability Short Term Disability Vision 401K Flexi
ble Spending Accounts Health Reimbursement
Arrangements Health Savings Accounts COBRA
HIPAA Administration CCH HR Web Site Semi Annual
EE Benefit Meetings Enrollment of New
Hires Benefit Communication/Enrollment
Capabilities Salary Illustrations/Benefit
Statements
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Insurance Carriers
Aetna American Medical Security Blue Cross Blue
Shield Cigna Colonial Fortis GE Capital Greatwest
Life Guardian Humana Jefferson Pilot John
Alden Manulife MetLife
Pacific Life Pacificare Performax Principal Standa
rd Life SunLife TASC The Hartford Trustmark United
Health Care UNUM/Provident Unicare VSP
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Closing Thoughts
This has been an overview of the benefits that
can be offered to you and your employees. As
your benefit advisor we are continually searching
for ideas to simplify your administration while
expanding the options available to your
employees. We understand that all the products
listed may not fit in your current program
however we want to make you aware of the
capabilities that we have at Stephens Insurance.
We look forward to discussing your program with
you on a one on one basis. Please contact us at
your convenience and let us know when we can meet
to answer any questions you may have. Thank
you. Byron C. Stephens Owner-Stephens Insurance
Agency