Why Voluntary Benefits are Valuable for Your Small Business

malden solutions voluntary benefits

Malden Solutions also offers an impressive catalog of voluntary benefits for small companies and their employees to consider.

As a small business owner, approaching your employees’ health insurance while competing with larger companies can feel like an overwhelming task. With so many overhead expenses for your small business to consider, it can be costly to try to offer benefits for potential and current employees that an enormous corporation can. If you want to recruit and keep talent within your company pool, you need more oversized pockets. Instead, you can choose to offer voluntary benefits to current and prospective employees to seal the deal.

What are Voluntary Benefits?

Voluntary benefits may help close the gap between employer and employee financial burdens for health insurance and medical cost coverage. Malden Solutions offers many voluntary insurance offerings, including accident and critical indemnity insurance. So, voluntary benefits are free for small companies to provide and may potentially allow your company to obtain federal tax breaks. In addition, Malden Solutions offers voluntary life insurance packages, allowing employees to choose the ones they desire or whether they want to decline coverage entirely.

Why Choose Voluntary Benefits?

Since voluntary insurance is entirely voluntary, your employees can hand-select which benefits they have an interest in. Fortunately, this saves small businesses and their teams money since employers don’t have to incur more financing costs, such as a traditional insurance and benefits plan. Besides this financial benefit, employees are solely open to the health benefits they desire, offering them control over their health insurance costs.

Types of Voluntary Benefits

Malden Solutions also offers an impressive catalog of voluntary benefits for small companies and their employees to consider. Our catalog includes accident insurance, critical illness insurance, telemedicine, identity theft, hospital indemnity insurance, and dental, vision, and disability offerings. Contact Malden Solutions at 410‐435‐4937 for a voluntary benefits consultation today! We are with you every step of the way, constantly working to support your employees’ well-being with the right benefits package.

Find the Right Health Insurance Solutions for Your Needs

Malden Solutions has a wealth of expertise in providing employer insurance solutions, HR solutions, and individual insurance solutions to businesses both big and small. Our team of seasoned professionals can help you navigate the rapidly changing world of insurance with ease. We partner with businesses and individuals throughout the country to provide our dedicated services for employee benefits but also work within our surrounding communities in Maryland, Northern Virginia, and Washington, D.C. Contact us today to learn more about how we can provide effective, dynamic solutions for your business. Stay connected with us on Twitter, Facebook, and Linkedin.

This entry was posted on Wednesday, June 5th, 2024 at 9:10 am. Both comments and pings are currently closed.