• Contact a Representative631-389-2301


Employee Benefits Plans

Our employee benefits specialist account managers understand the marketplace and will work with you to find the best combination of employee benefits while preserving your bottom line.

Even in today’s business environment, attracting and retaining strong employees is essential for your company to stay competitive. We understand the current trend; incentivize employees to contribute more of their hard-earned paychecks to their own health insurance and retirement plans, and save valuable company resources and funds. Why not have both?

At Long Island insurance agency, MAS Group, our experienced and certified employee benefits specialist account managers champion the belief that your company’s greatest asset isn’t the product or service produced, but rather its people. Without your valued employees, where would you be? Nonetheless, we understand the marketplace and will work with your company’s executives to find the best combination of employee benefits while preserving your bottom line.

In addition, our Manhattan, Queens, Brooklyn, Staten Island, Upstate New York, and Long Island employee benefits services include:

  • Enrollment Meetings – We will educate and guide your employees through the initial enrollment process, answering any questions and assisting with the completion of required forms.
  • Continuous Support – Your employees can be confident that your MAS Group account manager will always be available to provide assistance with processing additions, terminations, and changes in status as well as resolving billing, claims, and appeals with your carrier.
  • Proactive Advisement – Because of the changing legislation, policies, and procedures of many of these employee benefits package solutions, your MAS Group account manager will be in touch with you to inform you of any amendment to your employees’ benefits.
  • Renewal – Your MAS Group account manager will re-evaluate your plan prior to its renewal date and perform a comprehensive needs analysis on your current situation to ensure that the plan continues to perform according to your requirements and budget.

Helping employees pay medical bills and plan for retirement is more than a business objective; it’s a moral obligation – and one of the critical outgrowths of 20th century business practices. That’s why we offer our clients the widest range of employee benefits solutions, such as:

  • Group Health Insurance

Group health insurance is the basic foundation of employee insurance coverage plans. Due to shifting costs and rising expenses, it is important to carefully choose which benefits to cover that may benefit the greatest number of employees. When working with employee benefits specialist, MAS Group, our group health insurance agents will help you determine the plan that works best for your company and your employees.

  • Group Dental Insurance

Group dental insurance offers a wide array of possibilities, including Preferred Provider Organizations (PPO), indemnity plans and employer paid and voluntary entry. MAS Group can assist you in finding the appropriate group dental insurance plan for your company’s and employees’ needs.

  • Group Vision Insurance

It sounds obvious, but for employees to remain effective they’ve got to be able to see, right? Well, group vision insurance plans usually fall under two categories: vision benefit packages and vision discount packages. Both plans offer the basics, including eye exams and a pair of glasses and contacts. Some plans offer discounts on LASIK, PRK refractive surgery, and/or out of network procedures. Our employee benefits specialists at MAS Group can help you determine the right group vision insurance policy for both your company and your employees.

  • Group Life Insurance

Our group life insurance policies fall under two categories: protection policies and investment policies. Protection policies protect against a specific event, often known as “term life” insurance. Investment policies build up capital for the insured through monthly premiums. These are also referred to as “whole life,” “universal life,” and “variable life” insurance policies. If you are interested in group life insurance coverage for your employees, contact MAS Group to discuss your requirements.

  • Short-Term Disability Insurance

Short-term disability insurance (sometimes referred to as “temporary disability insurance”) helps replace a portion of your income following a disability, illness or accident. Short-term disability policies can cover for up to six months of income protection. Certified employee benefits specialists, MAS Group, can help protect your employees from loss of wages by determining the most suitable short-term disability insurance policy based on your budget and goals.

  • Long-Term Disability Insurance

Unlike short-term disability insurance, long-term disability insurance (sometimes referred to as “permanent disability insurance”) protects your income for longer stretches of time following a disability, illness, or accident. A long-term disability insurance policy ensures that you or your employees do not have to struggle with large financial obligations during a long period of disability. MAS Group’s disability insurance specialists can help you determine the best long-term disability insurance plan, based on your budget and requirements.

  • Pension Plans (Retirement Plans)

Pension plans allow employees to contribute a certain amount of money towards their retirement funds, often along with company-matching incentives. At the time of retirement, a large lump sum of money has been set aside inside this pension plan, growing over decades of work. MAS Group offers a variety of employee pension plans. Contact our employee benefits agents to recommend a plan that will be comfortable for your company.

  • Section 125 “Pre-Tax” Plans

So-called “cafeteria plans” allow employees and employers to obtain tax savings advantages by allowing for pre-tax contributions, thus, providing increased spending income for both parties. How does it work? Employees’ pretax contributions are not subject to federal, state, or social security taxes; employers benefit by saving on the employer portion of FICA, FUTA, and worker’s compensation insurance premiums. Find out more by contacting an employee benefits specialist at MAS Group.

  • 401(k) Placement and Planning

An alternative to the traditional pension plan, where the burden of retirement planning is on the employer, 401(k) plans shift that burden largely to the employee. This is often achieved when the employer matches employee money deposits in an effort to help incentivize the employee to contribute to his or her retirement package. The employee is also offered a choice of various investment options in order grow their retirement fund. Let employee benefits specialists, MAS Group, discover the right 401(k) plan for your company.

  • 403(b) Placement and Planning

403(b) plans are similar to the aforementioned 401(k) plan, except with 403(b) plans, employee contributions are made pre-tax and can grow tax-deferred until the money is withdrawn at retirement. The 403(b) retirement savings plan applies to those employees working in public education organizations, non-profit 501(c)(3) organizations, cooperative hospital service organizations, and self-employed ministers in the United States. If your organization is interested in learning more about providing retirement contributions to your employees, the employee benefits specialists at MAS Group are happy to assist.

 
Need help designing an appropriate employee benefits package based on your needs and budget? Want to see if we can offer more coverage while reducing your current rates? Contact MAS Group, a Long Island employee benefits agency, to speak with a certified employee benefits specialist today. Get a FREE consultation today: 631-389-2301