Various forms of Medical coverage are available including Health Maintenance Organization (HMO), Preferred Provider Organization (PPO), and Point-Of-Service (POS). Medical insurance policies may be provided on a group or individual basis. Employer-sponsored Group Medical policies are written on a guaranteed issue basis, which proves very attractive for groups with pre-existing health conditions. In California, employers with two (2) or more full-time employees are eligible for a group medical policy.
Various forms of Dental coverage are available including Dental Health Maintenance Organization (DHMO), Preferred Provider Organization (PPO) and Indemnity plans. Dental insurance policies may be provided on a group or individual basis. Employer-sponsored Group Dental policies may be written on a guaranteed issue basis, depending on the group size. Typically, Dental policies provide different percentages of coverage depending on the type of treatment; i.e., preventive, basic, or major services.
Life insurance policies may be written on a group or individual basis. Various Life insurance products are available, including: Term Life, Universal Life, Whole Life, Supplemental Life, and Voluntary Life. Term Life products offer the most competitive rates. Since the policy affords protection for a definite period of time, there is no cash value build-up, and a guaranteed renewal can be allowed at significantly higher rates. Universal Life and Whole Life policies may afford permanent protection, since the policies can offer cash value accumulation throughout the term of the policy.
Employee Group Plans are available and are tailor-made for your individual business needs. Various options to consider are: benefits to employees, matching contributions, vesting terms, etc.
Aflac® provides supplemental insurance policies (Life, Accident, Disability, etc.) which may be offered to employees on a purely voluntary basis, with the premiums taken out of each employee’s paycheck.
Long-Term Care coverage may be written as an individual policy, group policy, or as a rider to a life insurance policy. The policy covers home health care, adult daycare, personal care, hospice services, and respite care.
This is a group disability policy in which disability income benefits begin after short-term disability income insurance benefits or uninsured salary continuance payments cease. A rehabilitation provision and choice of benefits period may be included in the basic policy. This insurance applies whether the injury occurs on or off the job.
Individual and Family Health Plans
Medical, dental and vision plans can also be written on an individual basis. CDS Insurance offers a wide variety of plan designs to fit your financial needs. Even if you only need coverage for a short time, CDS offers affordable individual short-term health plans that will keep you protected for up to 12 months.