Empower Your Workforce with Group Insurance
Protect Your People, Simplify Your Bottom Line
Eleos Local Professionals Work For You
Handling group insurance and employee benefits can be one of the most complex and costly parts of running a business. But it doesn’t have to be. You deserve tailored solutions and personalized service that simplify insurance and boost efficiency.
The bottom line? We're here to make things easier for you. We're on your side.
With Eleos, you get:
A local professional who invests time in understanding your business
A dedicated team committed to finding the best options for your needs
A provider that meets all your requirements under one roof
A partner managing communications, compliance, and COBRA
A flexible specialist supporting you through growth and contraction
A business with national reach and a personal touch
Explore Our Group Insurance Plans
Employee benefits that work for you.
Group Health Insurance
Employer-sponsored health insurance coverage for employees and often their dependents.
Group Life Insurance
Employer-sponsored life insurance that can cost-effectively protect the family and beneficiaries of your employees.
Group Dental Insurance
Employer-sponsored insurance that pays a portion of the costs associated with dental care, such as preventative cleanings, orthodontia and restorative services.
Group Disability Insurance
Employer-sponsored life insurance coverage that pays part of the costs of long-term care and protection for major injury and illness.
Group Vision Insurance
Group vision insurance is designed to help pay for vision care expenses like eye exams, prescription glasses and contact lenses.
Group Health Insurance
Secure your business’s future by investing in your employees’ well-being today.
Group Health Insurance Benefits
Take care of your team. Grow your business. Secure your future.
Investing in a group health insurance program can boost employee satisfaction, loyalty, and overall well-being. Yet, navigating the complex landscape of health benefit plans and financing options can be daunting.
That’s where Eleos steps in. Our seasoned employee benefits specialists simplify this process, aligning your plan with your financial and organizational goals while ensuring compliance with all regulatory standards.
Most plans fall into one of the following categories:
High Deductible Health Plan (HDHP)
Reference-Based Pricing
Exclusive Provider Organization (EPO)
Group Health Insurance Plans vs. Group Health Plans
You might think group health plans and group health insurance plans are the same, but they actually differ.
Employers have several financing options for group health plans, including self-funding (also known as ASO), level-funding, captives, exchanges, and fully insured options.
At the federal level, these plans are defined as “employee welfare benefit plans established or maintained by an employer, employee organization, or both, that provide medical care for plan participants and their dependents.” They are typically governed by the Employee Retirement Income Security Act (ERISA), which mandates adherence to its conduct standards and fiduciary responsibilities.
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Designed to help businesses reduce healthcare costs for employees and their dependents, a group health insurance policy offers blanket coverage for all participating employees. The premium costs are shared between the employer and the employees. In exchange for premium payments and employee copays, the insurance carrier covers a specified portion of your employees' medical expenses as outlined in your policy.
Generally, higher monthly premium payments result in lower employee deductibles. Group plan coverage can assist with the costs of doctor visits, prescriptions, emergency room visits, long-term care, and more.
For employees, joining an employer's group health plan is usually more cost-effective than purchasing individual or family coverage independently.
While a group plan can enhance job satisfaction, retention, and recruitment, there are specific requirements employers should understand.
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If your business has one or more employees, you may qualify to purchase group health insurance coverage.
Based on the size of your full-time employee group, you will be classified into one of several market segments according to insurance carrier guidelines and state and federal laws. This classification will determine the types of products available to you and the applicable pricing strategies.
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Group health insurance plans not only address your employees' health needs but also enhance their satisfaction and retention. Compared to individual health insurance options, group health plans can potentially lower overall care costs due to the larger risk pool created by group enrollment.
With many employees participating, the insurance carrier can spread the risk across all enrollees. This offsets the higher costs of covering high-risk participants with the lower costs of covering low-risk participants.
In addition to premium savings for employees, group plans offer tax benefits for businesses. Employer contributions to the plan are tax-deductible, allowing businesses to offset their payroll and income tax liabilities.
Group Life Insurance
Take care of your people, and they’ll take care of your business.
Group Life Insurance Benefits
Providing group benefits to employees can significantly boost job satisfaction and enhance retention.
While many employers offer health and dental coverage, they often overlook life insurance. Group life insurance, available in various forms to meet different needs and goals, can be a valuable addition to your employee benefits package.
If you're considering group life insurance and have questions, Eleos is here to help.
How does group life insurance work?
Group life insurance operates similarly to an individual life policy, offering a death benefit to the beneficiary if the employee passes away.
To fund this benefit, both the employee and employer contribute to a monthly premium, which is invested over time. Typically, the employer covers the majority of the premium cost when offering life insurance as a group benefit.
Work with an employee benefits specialist who takes the time to listen.
What do you get when you partner with an insurance provider who starts with questions and delivers custom solutions? What happens when you team up with a company that truly values your business? You get real value.
Access to the best available rates
Personalized, dedicated service
Education and support for you and your team
A veteran team with extensive industry experience
A partner handling communications, compliance, and more
A flexible specialist supporting you through growth and contraction
A dedicated team committed to your success
Securing group life insurance doesn’t have to be a solo effort. With a national leader on your side, it won’t be.
Types of Life Insurance
For most employers interested in offering group life insurance as an employee benefit, there are typically four options:
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Term life insurance is often considered the simplest and most cost-effective type of group life insurance. It begins by defining a "term," which can range from as short as one year to as long as 30 years.
Once the term length is chosen, employees select between a "level term" or a "decreasing term." Decreasing term policies reduce the death benefit amount each year, while level term policies provide a consistent death benefit throughout the policy's duration.
Although decreasing term life insurance generally has lower premiums compared to other types, the death benefit may not fully meet the needs of a spouse or dependents.
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Unlike term life insurance, whole life insurance provides coverage for employees throughout their entire lifetime. While the cost per $1,000 of death benefit in a whole life policy often rises as the employee ages, the premium payments and total death benefit generally remain consistent over time.
This stability is achieved by higher premium payments during the employee’s younger years, with the excess invested to generate returns. These returns help offset the increasing cost of coverage as the employee grows older.
If the employee chooses to terminate the policy before death, the insurance carrier typically must make the cash value of these overpayments available for withdrawal.
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Also known as “adjustable life,” universal life insurance is a type of whole life policy that offers greater flexibility in building cash value for the employee.
Universal life policies feature a cash value account that grows based on the market interest rate. Once sufficient value accumulates in the account, the employee can use these financial gains to offset premium payments, thereby reducing the monthly cost.
Additionally, because employees can withdraw from the policy’s cash value, a universal life plan can also be used as a source of income replacement during retirement.
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Variable life insurance is another specialized type of whole life coverage. Similar to universal life policies, variable life insurance includes a savings component that builds cash value through investments in stocks, bonds, and money market mutual funds. While it follows a similar strategy to universal life, variable life insurance carries significantly higher risk.
Market fluctuations can impact both the cash value and death benefit of the policy. However, some variable life options mitigate potential losses by setting a minimum policy value that triggers adjustments to protect against significant declines.
Do your employees really need life insurance?
For anyone with financial dependents, life insurance is almost always a wise investment.
Even for those without dependents and with substantial savings, life insurance can simplify financial matters in retirement.
Some permanent insurance options allow employees to withdraw from or borrow against the policy’s cash value, making the security provided by life insurance typically worth its cost.
Additionally, life insurance can be used to fund the buyout of a deceased partner’s share in a business or to leave a lasting impact on a favorite charitable cause.
Since death is one of life's certainties, life insurance offers the peace of mind that your loved ones won't be burdened with funeral expenses or tax liabilities on their inheritance.
Both term and permanent life insurance options can be used to help:
Establish and Grow a Savings Account
Build an Inheritance for Heirs
Support Dependents
Pay Final Expenses
How much life insurance coverage do employees need?
Before purchasing a life insurance policy, employees should evaluate several key factors, including estimated final expenses, the financial needs of dependents, outstanding debt, and current savings. They may also need to consider the needs of business partners, charities, or other individuals outside their immediate family.
While selecting a life insurance policy can be daunting, the insurance specialists at Eleos are here to assist. We provide comprehensive education on group plans, ensuring that your employees receive the same high level of care and attention that you do as our client.
How much does group life insurance cost?
Eleos is dedicated to providing group life coverage that fits your budget and meets your needs. We start by understanding your employees’ requirements and demographics. Using this information, we present coverage options and recommend the best solutions tailored to your business and workforce.
Group Dental Insurance Plans
Take care of your employees. Secure your business.
Group Dental Insurance Benefits
Work with an employee benefits specialist who works for you.
Group dental plans assist with covering dental care expenses for your employees.
Offering employer-sponsored dental insurance can reduce both premiums and out-of-pocket costs for your employees, often leading to higher job satisfaction and improved retention.
With job-based dental coverage from Eleos, you’ll enjoy:
A local specialist who takes the time to get to know your business
Coverage designed around the actual needs of your business and employees
A team of seasoned insurance professionals standing by to answer your employees’ questions
A business with national reach and a personal touch
Why Eleos?
Group dental plans do more than cover dental care expenses; they provide employees with peace of mind.
At Eleos, we approach finding solutions with a personal touch and without compromise. As an employee-owned, customer-focused company, we have the freedom to act in the best interest of your business. Our experience shows that employer-sponsored dental insurance can save your employees on both premiums and out-of-pocket costs, boosting their loyalty to your company.
Whether you're exploring various employee benefits, our competitive pricing, transparent fees, and extensive industry relationships enable us to deliver exceptional value year-round.
Group Dental Plans from Eleos
The term “group dental plan” encompasses various types of employer-provided benefits.
These plans, with costs shared between the business or employee organization and the employees, help cover dental care expenses for employees and their dependents through insurance, expense reimbursement, or other methods.
Employers have several financing options, including:
Fully-Insured Dental
Self-Funded Dental
Employers can also choose between an employer-paid approach, where the business covers most of the cost, or a voluntary approach, where employees are responsible for their expenses.
Group dental plans are usually available in two common varieties.
Dental Preferred Provider Organization (DPPO)
While a Dental Preferred Provider Organization (DPPO) plan offers greater flexibility compared to a Dental Health Maintenance Organization (DHMO) plan, it is often more expensive.
Unlike a DHMO plan, a DPPO allows employees to visit any in-network dentist or oral care specialist without having to select a primary dentist.
A DPPO also does not require a referral from a primary dentist to see a specialist and may provide some coverage for out-of-network services.
However, it's important to note that out-of-network services typically involve higher out-of-pocket costs.
Dental Health Maintenance Organization (DHMO)
Often the less expensive of the two group coverage options, a DHMO limits eligible dental service providers to a predetermined network of dentists and orthodontists.
After signing up for a DHMO dental plan, employees must select a primary dentist.
This primary dentist will perform the majority of preventive care, routine dental work and maintenance, referring in-network dentists approved by the dental insurance carrier for oral surgeries and other procedures that require a dental specialist.
For example, if employees need to see an oral surgeon on a DHMO plan, they would need to schedule an appointment with their primary dentist to confirm the need and refer them to an in-network service provider.
Group Dental Benefits
Group dental insurance plans offer a cost-effective way to address your employees’ dental needs, enhance satisfaction, and boost retention. Beyond these benefits, group plans can also provide tax advantages for your business.
Employer contributions to a group dental plan are classified as “pre-tax” income, allowing businesses to reduce payroll and income tax liabilities during calculations.
Group Disability Insurance
Plan for the unexpected. Protect your employees’ peace of mind. Focus on what matters.
Group Disability Insurance Benefits
If your employees were unexpectedly injured or fell ill, rendering them unable to work for an extended period, would they be able to meet their financial obligations?
If your answer is no, you’re not alone.
Money Under 30 reports that only about 23 percent of Americans have sufficient emergency savings to cover six months of living expenses. Additionally, an estimated 25 percent of individuals over 20 will experience a physical disability before retirement, highlighting the critical need for disability insurance.
With group disability insurance from Eleos, you get:
A local specialist who takes the time to learn your business
Access to deep carrier relationships to help us accomplish things that others can’t
A flexible insurance partner who helps you through growth and contraction
A transparent approach that keeps you and your people educated and updated
Help Improve Retention and Recruiting with Group Benefits
Whether you choose to cover the full cost or just a portion, offering group disability benefits can reduce out-of-pocket expenses for employees seeking coverage.
For employers, investing in group disability insurance can be highly beneficial. Numerous studies have shown a positive link between employee benefits and job satisfaction, performance, and retention. This growing recognition explains why many organizations are incorporating disability coverage into their insurance offerings.
Short-Term Disability Insurance
Short-term disability is designed to support employees who are unable to work due to childbirth, illness, or injury.
This coverage supplements the disabled employee's income with benefit payments, which, although only covering a portion of their regular earnings, are generally sufficient to meet living expenses during their time off work.
Short-term disability benefits typically start between the 1st and 30th day after a qualifying event and are usually paid for a period ranging from 90 to 180 days.
In most cases, group disability benefit payments are based on an employee’s base salary or W-2 earnings.
A common plan follows the 14/14 model, where benefits begin on the 14th day after a qualifying event. However, there are numerous options available when selecting disability insurance.
For those needing additional benefits beyond a group disability plan, some individual disability policies offer flexible solutions to consider.
Long-Term Disability Insurance
If covered employees suffer an injury or illness resulting in a long-term disability, they may become eligible for long-term disability benefits.
Fortunately, Eleos’ group disability plans typically include options for group long-term disability coverage (GLTD).
GLTD benefits usually cover around 50-67 percent of an employee’s base salary, up to the maximum monthly benefit specified in the policy documents. For employers seeking to offer income protection beyond 67 percent, Eleos can help explore options for increasing coverage limits up to 100 percent of an employee’s earnings or salary.
In addition to disability pay, some group plans provide coverage for vocational rehabilitation programs and job placement services to assist employees in returning to work after recovery.
Most GLTD coverage has a 90 to 100 day elimination period and pays benefits up to the employee’s Social Security normal retirement age (SSNRA), typically between ages 65 and 67.
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Anyone who relies on their monthly salary to maintain a comfortable standard of living for themselves or their family should seriously consider disability (DI) coverage. Even for healthy employees with substantial assets or savings, an unexpected loss of the ability to work can be financially devastating.
Although it’s unpleasant to consider the possibility of a serious illness or permanent disability, the risk is significant. Conditions such as cancer, heart disease, and stroke can arise suddenly and have long-term effects on one's ability to work. When combined with the high costs of medical bills and related expenses, the importance of income protection through insurance becomes clear.
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While it’s challenging to provide an exact quote without knowing the specifics of your operation, Eleos is committed to securing the best coverage at the best price available.
If you need an insurance specialist who can find the right coverage for your employees at a cost that fits your budget, we’re here to assist.
Many people mistakenly believe that disability income protection is a luxury they cannot afford. However, these policies can be easily tailored to meet specific needs and budgets.
For individuals whose employers don’t offer group or voluntary plans, individual disability coverage is typically quite affordable.
The cost of a group plan depends on multiple factors, including:
Number of Employees
Geographic Location
Coverage Desired
Occupations of Employees
Employee Incomes
Age of Employees
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While disability benefits can sometimes be reduced by Social Security payments and other supplemental income, this isn't always the case.
There are often solutions available for employers and employees looking to maximize benefit eligibility. Speak with an Eleos employee benefits specialist today to explore your options.
Group Vision Insurance Plans
Employee-owned and customer-driven, we make it our mission to care for your business.
Group Vision Insurance Benefits
If you’re like us, you know that your people are essential to your business's success.
Group benefits are an excellent way to enhance your employees’ experience with your company.
Group vision insurance, designed to cover expenses such as eye exams, prescription glasses, and contact lenses, can be a cost-effective way to boost employee satisfaction and long-term retention.
Appreciation fosters loyalty. Show your employees you care about their well-being.
The Eleos Difference
Our authentic and transparent approach to employee benefits puts people at the center of every step.
Our group vision insurance specialists take the time to understand your unique needs, presenting options that make sense for your situation.
And we don’t stop there.
Once you’ve chosen a plan, we provide resources to educate your team about their benefits and facilitate a smooth transition.
By taking care of your employees, you can be confident they’ll do the same for your customers.
When you lead with values, value follows.
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While covered expenses vary by plan, vision insurance generally helps with the cost of:
Bifocal Lenses
Progressive Lenses
Anti-Reflective Coating
Basic Eyeglass Frames
Premium Eyeglass Frames
Photochromic Lenses
This list isn’t exhaustive; different providers may cover additional products and services not mentioned here. Some premium eyewear products and enhancements may incur extra costs or be excluded.
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Similar to voluntary vision coverage but with the premium cost shared between the employer and employee, group vision insurance helps cover expenses like eye exams, prescriptions, and contact lenses.
Unlike other insurance types with unlimited benefits beyond a set deductible, most vision plans use one of the following cost-saving strategies:
Benefits Package: This model functions like standard health insurance, providing in-network preventive and basic care for small, affordable co-pays. While out-of-network reimbursement may be available, employees get the most value by staying in-network.
Discount Plan: This approach works more like a prescription discount card, offering fixed discounts on eyewear and lenses. While it typically doesn’t cover eye care services, it may provide discounts on exams and procedures, significantly reducing the overall cost of care.
Some vision insurance plans may also offer discounts on elective corrective surgeries such as LASIK or PRK.
What happens when group insurance is simplified?
Would you prefer being on hold with an insurance agency or running your business? Would you rather have your employees deal with paperwork and benefits worries, or focus on their work? The choice is clear, which is why we’ve simplified the process of finding group insurance.
With a streamlined approach to securing the most competitive rates, you gain:
Less paperwork and reduced risks
Simplified compliance
More efficient processes
Enhanced employee satisfaction and morale
Most importantly? You get to focus on what matters—your business.
What do you get when your specialist is your partner?
Businesses succeed when everyone is working together. You don’t want to be struggling with insurance carriers pulling in the opposite direction—or a specialist who simply lets go.
That’s where Eleos stands out. We’re your partner in finding effective insurance plans that ensure compliance, cover your employees, and protect your bottom line.
You have a responsibility to your teams. We’re here to support you every day in fulfilling that commitment.
Get Group Insurance Plans With an Individual Touch
You have a team to cover. We have a team dedicated to you.
