Employee Benefits Quote
For Medical, Vision, Dental, Life and Elective Benefits
Welcome To Nolasko!
We are glad you decided to work with us and let us assist you with your employee benefits.
Together, we will design a benefits package that fits your employees and business needs.
We focus on:
- Plan design
- Employee communication
- Enrollment services
- Customer service
- With an underlying cost-savings mindset
Request A Proposal
Employee Benefits
Made Easy In 3 Steps
- Request a census form by completing this short form.
- Send completed census back to us.
- Review options and implement the better choice for your business.
We look for forward to being of service.
Or
Speak to a licensed broker now
We can answer your questions before requesting a proposal or get started right now.
To learn more about the benefits available through Nolasko, visit these pages:
FAQ About Your Census
What is a census?
An employee census provides the demographic information insurance carriers need in order to provide an insurance proposal for your employees based on the specifics of your group.
Is a census required?
Yes, if you want to know the actual costs and make a decision based on real numbers, based on the demographics of your group.
Is my census information protected?
We give you access to an electronic census form for your group. You enter the information directly on the form without the need to send it via email. This protects personal information from being sent unsecured via email. Only the insurance carrier(s) will have access to it. Census information is not shared with any third parties for marketing or any other purpose other than providing you with a proposal (quote).
Small Businesses and Medical Insurance: A Legal and Moral Perspective
Small businesses and their obligation to offer medical insurance is a nuanced topic. In the United States, the Affordable Care Act (ACA) mandates that businesses with 50 or more full-time employees must provide health insurance, while smaller businesses are exempt. However, certain states and local jurisdictions have their own regulations, requiring coverage for businesses with around 20 employees or more.
From a moral standpoint, providing medical insurance benefits employees by granting access to healthcare and financial security. This fosters loyalty, productivity, and a positive work environment, which benefits both the employees and the business.
Small businesses face both advantages and challenges in offering medical insurance. It can attract and retain skilled workers, enhance productivity, and reduce absenteeism. Conversely, the financial burden may strain resources, potentially affecting the business’s growth.
In conclusion, the issue of requiring small businesses to offer medical insurance is influenced by legal and moral factors. While ACA exempts smaller businesses, local regulations may differ. Morally, providing health coverage improves employee well-being and job satisfaction. Striking a balance between legal obligations, financial feasibility, and moral considerations is crucial to ensure employee welfare and a supportive business environment.
It is no secret that employees prefer to work for companies that offer health insurance versus working for a business that does not offer benefits.
As a small business employer, you also know that you are constantly competing with other businesses for qualified employees that offer health insurance and other benefits.
The benefits to your business for offering health, dental, vision, disability, and life insurance to your employees is a more stable workforce.
Also, perhaps harder to document but arguably true, employee morale is higher when the employer offers benefits, leading to higher productivity.
The Small Business Administration can classify your business as small if it has up to $35.5 million in sales or up to 1,500 employees, depending on the industry.
If your business falls within this category we are here to serve you.
Whether your business is under 50 employees or over, the process to start or to change your health plans is the same. It starts with an employee census.
New plans can start at any point during the year.
Under 50 Employees (< 50 FTE)
For businesses and organizations with 2 to 50 full-time equivalent (FTE) there is no requirement to offer a health insurance plan to employees. FTE is a figure that accounts for full-time employees (those who work 30 hours per week), and part-time employees, to determine the size of your workforce.
Over 50 Employees (> 50 FTE)
Businesses and organizations with more than 50 FTE are considered large employers, per the Affordable Care Act, and have the option to either offer a “Qualified Health Plan” to all eligible employees or pay a penalty. The penalties for not offering a plan are considerable.
How can we assist you?
Working with us, as your broker-agent, does not increase the cost (premium) of the plans. The insurance companies pay the brokers and agents commission for facilitating the enrollment process and bringing the business. Most insurance companies will refer businesses to a broker.
Contact us for more details or if you have questions before sending your request for a census.
We assist you with plan design, and plan type selection, which include most of the following factors:
- HMO vs. PPO, or POS
- Self-funded vs. fully insured
- Referenced-based pricing
- Metal level: Bronze, Silver, Gold, if applicable
- Deductible, co-insurance and max out of pocket costs
- Percentage of employer vs. employee pay
- Dental
- Vision
- Disability
- Life
- Employee enrollment
- Onsite one-on-one enrollment sessions vs. phone enrollment.
- Bilingual enrollment (Spanish)
- Compliance with ERISA and the DOL
- Payroll deductions (Section 125 AKA Cafeteria plans)
FAQ about a census
An employee census provides the demographic information insurance carriers need in order to provide an insurance proposal for your employees based on the specifics of your group.
Yes, if you want to know the actual costs and make a decision based on real numbers, based on the demographics of your group.
We give you access to an electronic census form for your group. You enter the information directly on the form without the need to send it via email. This protects personal information from being sent unsecured via email. Only the insurance carrier(s) will have access to it. Census information is not shared with any third parties for marketing or any other purpose other than providing you with a proposal (quote).