Ivory Oak

Group Plans for Small & Medium Sized Businesses

Group health insurance (also referred to as group benefits) are offered through an employer or organization. The plan itself covers many individuals however the policy holder is the organization or employer themselves. There are a variety of plans available, work with an advisor now to find the best plan for you. 

What do Group Benefits Plans Include?

Group benefits plans can be tailored according to the needs of your business and employes. Generally, a group benefits plan includes: health, dental and long-term disability insurance. However, optional benefits can be added based on your business/individual needs.

Benefits of a Group Benefits Plan

Budget-friendly pricing, low risk: 

By choosing to pool together with other small businesses, our clients are supported by a stable plan that protects them from high claims activity. It’s a method that is reliable and helps to ensure that your plan remains more affordable over time.

Flexible and cost effective:

Plan options allow you to get the most from the coverage you choose based on the needs of your business. Furthermore, employees can choose to enhance their group insurance with Optimal Benefits that they can pay for at preferred rates.

Simple and efficient: 

Besides having all the important features, the plan is easy to understand and implement. The team at Ivory Oak Financial will be with you at every step of the way to help with any details or questions. 

 

Currently Have a Benefits Plan?

Gain the advantages of being pooled! 

If you currently have a company health and dental plan we can match your current plan or fully customize your plan. You can participate in the pool and receive the rewards of being part of a larger group.

Choose Your Level of Coverage

Your 4 Health and Dental Plan choices with basic health coverage are as follows: 

Plans

Base Plan

Bronze Plan

Silver Plan

Gold Plan

Medical Questionnaire (at time of application)

Not Required

Required

Required

Required

Prescription Drugs (reimbursement per year)

70% of first $750 to $525 maximum

70% of first $500

80% of next $2,500 t0 $2,350 maximum

70% of first $500

100% of next $4,650 to $5,000 maximum

90% of first $2,222

100% of next $8,000 to $10,000 maximum

Dental Services (Basic and Supplementary)

$400 per year maximum

$500 per year maximum

Per year maximum

Year 1: $600

Year 2+: $900

Per year maximum

Year 1: $750

Year 2: $1,000

Year 3 and 4: $1,200

Year 5+: $1,500

Also includes Major Restorative

Vision Care

$100 per 2 benefit years plus $60 for optometrist visits per 2 benefit years

$100 per 2 benefit years plus $60 for optometrist visits per 2 benefit years

$100 per 2 benefit years plus $60 for optometrist visits per 2 benefit years

$100 per 2 benefit years plus $60 for optometrist visits per 2 benefit years

Registered Specialists and Therapist

Included

Included

Included

Included

Travel Coverage

Included to age 65

Included to age 65

Included to age 65

Included to age 65

Compare to Choose Your Level of Coverage

Your 4 Dental Plan choices with basic health coverage are as follows: 

Plans

Base Plan

Bronze Plan

Silver Plan

Gold Plan

Medical Questionnaire (at time of application)

Not Required

Not Required

Not Required

Not Required

Dental Services (Basic and Supplementary)

$400 per year maximum

$500 per year maximum

Per year maximum

Year 1: $600

Year 2+: $900

Per year maximum

Year 1: $750

Year 2: $1,000

Year 3 and 4: $1,200

Year 5+: $1,500

Also includes Major Restorative

Vision Care

$100 per 2 benefit years plus $60 for optometrist visits per 2 benefit years

$100 per 2 benefit years plus $60 for optometrist visits per 2 benefit years

$100 per 2 benefit years plus $60 for optometrist visits per 2 benefit years

$100 per 2 benefit years plus $60 for optometrist visits per 2 benefit years

Registered Specialist and Therapist

Included

Included

Included

Included

Interested in Learning More?

Are you interested in learning more about how a group plan can fit the needs of your business? Are you looking for trusted wealth management advice? Are you looking to work with an industry expert who brings a personal, transparent approach to your case? Not only do we have more than 20 years of experience in this often confusing industry, but we also help to educate our clients every step of the way no matter what management services they require. We build, plan, and guide our clients as honestly and as professionally as possible whether they’re a multi-generational family or business owner.

Simply fill out the form (to the side) and one of our specialists will get in touch with you.