Group Insurance Environment Essay Example | Topics and Well Written Essays - 250 words

Group Insurance Environment - Essay ExampleSome of the programs offered include preventive services, emergency services, alcohol and substance abuse, mental wellness services, pregnancy and maternity care, and emergency services. Dental care is provided through Delta Dental. This depends on the choice of network by the employee. In this case, the employee may visit any tooth doctor of choice but the maximum benefits are available when the employee chooses Delta provider (AMB 6). Vision care benefits provide eye coverage. However, one is required to use Vision answer Plan (VSP) (AMB 7).2) Identify the following benefits as either a form of Group Insurance or Self-Funding Benefits Retirement Plans, Employee Assistance computer programme (EAP), Employee Stock corrupt Plans (ESPP), and Stock Grants.Apart from the security benefits of today, AMB assists employees to plan for their future by allowing employees to save toward their retirement. Employees contributions are automatically d educted their paycheck on a pretax basis (AMB 4).AMB also provides Employee-Assistance Program (EAP) to all eligible employees and their eligible dependants, free of charge. This includes confidential counseling and referral services for issues that may affect employees personal life or even job transaction (AMB 5). They help in areas like marital problems, emotional or stress related issues, drug abuse, child and elder care, financial assistance, and legal matters.AMB also provides uncoerced benefits in terms of education and training programs in support of professional development of employees. They provide employees with tuition fees, seminar reimbursement programs and conferences.AMB arranges for flexible spending accounts (FSAs). This allows employees to pay their care expenses with pretax dollars. When employees levy in FAS, the amount they select is deducted from their paycheck on a pretax basis.Federally mandated benefits in AMBs plan includes paying less in taxes