Our Services
Whether a group or individual client, FLOSTAR handles all-simple and complex service issues.
Group Health & Individuals
Groups:
Fully Insured, Level and Self-funding plans.
Preferred Provider Organization (PPO):
A PPO uses a network of providers – including doctors, specialists and hospitals – that offer services at a reduced rate. Although members don’t have to use in-network providers, providers that are out of network will be more expensive.
Health Maintenance Organization (HMO):
An HMO plan requires members to choose their primary care physician (PCP) within their network and requires referrals to specialists.
High Deductible Health Plan (HDHP):
As the name suggests, HDHPs have higher deductibles than other plans and higher out-of-pocket maximums but have lower monthly premiums.
FSA/HSA
Flexible Spending Accounts (FSAs) an (HSAs) are both supplemental programs that are used alongside health plans, but they have some distinct differences. Unlike FSAs, funds in HSAs will roll over year-to-year, so employees can invest their HSA money over time and can take the money with them if they get another job. However, HSAs have yearly limits that are set by the IRS.
Wellness programs and initiatives
Wellness programs encompass any benefit or initiative designed to promote employee health and well-being. Employers choose to implement them to stay competitive and retain talent.
Can include offerings like:
• Gym memberships
• Health screenings
• Nutrition programs
• Wellness challenges
• Smoking cessation programs, and
• Health education.
Mental health support can include a range of benefits to support employee well-being, such as counseling services, employee assistance programs and access to additional mental health services. They may also include fringe benefits such as therapy subsidies, mental health app subscriptions or subsidies for other mental health support such as yoga or meditation classes.
Preventive care coverage
Preventive care is typically a component of health insurance plans. It includes any healthcare services or screenings that can prevent illness or catch any health issues early on.
This might include coverage for vaccinations and immunizations, yearly wellness check ups, and screenings for cancer or chronic conditions.
Offering preventive fringe benefits can also serve as an incentive for employees to stay on top of their health. Fringe benefits might include flu vaccination clinics, fitness subsidies such as fitness trackers or memberships, and health risk assessments.
Disability Insurance Options
There are two major types of disability insurance:
Short-term disability (STD):
This option covers injuries or disabilities that prevent an employee from working for a short time – typically up to six months – and replaces a percentage of the employee’s salary while they recover.
Long-term disability (LTD):
After an employee passes the STD time period, LTD insurance can kick in to cover benefits for a longer period of time, even up to retirement age. Employees still get a percentage of their salary, but it is typically at a lower rate than STD.
Employers can cover the premium in full, or they may cover a portion and take the rest using payroll deductions.
Life insurance options
Life insurance is an important benefit that many companies offer. Life insurance pays out funds to an employee’s chosen beneficiaries in the event they pass away.
Coverage options depend on the plan. Employers often choose a basic group policy that pays a fixed amount, usually based on the employee’s salary, at no cost to the employee. Additional coverage may require the employee to pay a premium through payroll deductions.
Traveler's Insurance
Travel insurance is a type of insurance designed to cover the costs and losses associated with traveling. It’s a safeguard for travelers against unexpected events that could occur before or during a trip. The coverage and benefits of travel insurance vary widely depending on the policy and provider, but here are the key components:
Key Components of Travel Insurance:
• Trip Cancellation/Interruption Insurance
• Emergency Medical and Evacuation
• Baggage and Personal Belongings Coverage
• Travel Delay Coverage
• Accidental Death and Dismemberment
• 24/7 Assistance Services
Dental and Vision
Dental insurance is a type of health insurance that covers a portion of the costs associated with dental care, including routine check-ups, procedures, and sometimes more extensive treatments. It helps to manage the expenses of maintaining oral health.
Key Features of Dental Insurance:
Preventive Care Coverage:
Most dental insurance plans cover preventive services at 100%, with no out-of-pocket costs for the insured. This typically includes routine cleanings, exams, and X-rays, which are essential for maintaining oral health and preventing more serious issues.
Basic Procedures:
Dental insurance often covers a significant portion of basic dental procedures, such as fillings, extractions, and root canals. The coverage percentage might vary, but typically, these services are covered at 70-80%, with the patient paying the remaining percentage.
Major Procedures:
Coverage for more extensive dental work, such as crowns, bridges, dentures, and sometimes orthodontics, is usually included, but at a lower percentage than basic procedures. Patients often pay 50% or more of the cost for these services.
Key Features of Vision Insurance:
Vision insurance is a type of health insurance designed to reduce the cost of eye care services, including routine eye exams, prescription eyewear (such as glasses and contact lenses). Unlike regular health insurance, which typically focuses on broader medical needs, vision insurance specifically targets eye health and vision correction.Key Features of Vision Insurance:Routine Eye Exams: Most vision insurance plans cover the cost of annual eye exams or significantly reduce the cost, ensuring regular monitoring of eye health.
Eyewear Coverage:
Vision insurance often includes allowances or discounts for eyeglasses or contact lenses. This might include coverage for lenses, frames, and sometimes lens enhancements like anti-reflective coatings.
Discounts on Procedures:
Some plans offer discounts on corrective vision procedures, such as LASIK, though they may not fully cover the cost.
Network of Providers:
Vision insurance typically has a network of eye care professionals, including optometrists and ophthalmologists, where the insurance is accepted. Out-of-network services might be covered at a lower rate or not at all.
Premiums and Copays:
Like other insurance types, vision insurance usually requires a monthly or annual premium. Additionally, there may be copayments for specific services, like exams or purchasing eyewear.
If your business is experiencing inefficiencies, high operating costs, or needs guidance in implementing new technologies, our consulting services can provide valuable insights and solutions to enhance your operations and competitiveness.
We begin with a comprehensive assessment of your current operations and business goals. Based on this analysis, we tailor our solutions to meet your specific needs and circumstances, ensuring effective and sustainable results.
Our engagement process includes an initial consultation to understand your requirements, followed by a detailed assessment, proposal for tailored solutions, implementation planning, and continuous support to ensure successful project outcomes.
Yes, we offer continuous support to ensure the sustainability of the implemented solutions. Our team remains available to assist with any challenges, provide additional training, and adapt solutions as your business evolves.
