Employee Benefits
The ability to attract and retain good employees is fundamental to the success of any business. A well conceived benefit plan will help achieve this goal. Employee perceptions are extremely important in benefit plan changes. Clear, concise written and oral communication is vital to the success of any new benefit program. Hover Insurance Services provides organized employee meetings and easily understood written materials for our clients. Since benefits planning is an evolutionary process, we conduct annual reviews and update the program as needed.

Specific Services Include

• Restructuring your plan to contain costs and improve benefits
• Evaluating insurance carriers for premium levels, benefits, options, riders and underwriting requirements
• Participating in renewal negotiations and strategies for minimizing rate increases
• Analyzing alternate funding methods, including self-funding arrangements
• Comparing alternate coverage options, including HMO, PPO, and POS plans
• Providing seminars and research materials on current insurance trends, laws, and provisions
• Holding employee meetings to explain benefit options
• Assisting companies with insurance administrative problems
• COBRA information
• Recommending third-party administrators and specialized consultants