Experienced gardeners will tell you that the yield of ordinary garden vegetables is improved by companion plants. For example, if you place basil next to a tomato plant, you will improve the taste quality and allow you to grow larger tomatoes. The same can be said about employee benefits.
Organizations have a core group of benefits they offer employees. Health insurance is a prerequisite for an effective program for employee benefits; you do not have much without it. Health benefits help pay for all types of medical treatments and medications. However, employees have difficulty with self-payments and deductibles. They spend money out of their own pocket in addition to the premiums they pay. Help with managing medical costs would be deeply appreciated but benefit administrators are not necessarily financial experts.
A financial well-being plan will improve the quality of health insurance by coaching people in how to handle the bills. The program would allow employees to contact a financial expert who will then coach the individual on the best ways to budget for medical expenses and perhaps trim costs. Nationwide Pre-Paid Legal Services has a group law plan benefit that has received very good recognition. In addition, we have a financial health plan that can make the organization’s group health insurance more effective.
Create a relationship
Countrywide has a nationwide network of certified advisors who advise people on common financial challenges. We have an advisor in the community for all our clients. What we hope to do is create a relationship between a member of a financial health plan and an advisor. We encourage face-to-face meetings and it is quite easy to book a meeting with a nationwide advisor.
Healthcare bills are one of the issues that our curators have experience dealing with. They will suggest to a member of a financial well-being plan how to budget for these expenses, the importance of scheduling medical treatments to coincide positively with deductibles and copayments, and explain ways to negotiate a medical bill. This goes beyond what a benefit administrator has time to do. Our counselors will remove the anxiety from medical bills and help a plan member deal with what could be a serious problem.
Help with medical bills is just one of our companion benefits. Our advisors will also help with college debt, and it complements many organizations’ educational support programs. We have other services that an employee may be able to use. These options are available depending on what the customer wants.
Maintain a customer relationship
We build a relationship with customer organizations that makes everything more convenient and less complicated. This relationship begins when the economic well-being plan is formulated. We do not know the demographics of the potential workforce of potential customers. Consequently, we ask decision makers to look at our benefit options and choose which ones they want in their plan. We will explain all our services and answer questions.
Management will then decide which benefits will be included in their new plan. We provide administration and superior membership services. Once a plan has been created, we maintain a steady conversation with customers to ensure that any issues are resolved immediately and that plan members receive their benefits on time. Countrywide expects its advisors to have good listening skills and a high level of empathy for all plan members. Anyone who can not show emotional intelligence will not work with us.
Having a financial health plan allows benefit administrators to refer certain financial issues to our advisors. It enables an organization to provide a more comprehensive benefit to all employees and that is something the workforce likes. If you have any questions about what we offer, you are welcome to contact us when it suits you. We would like to tell you how we can help your employees.