Flexible Benefit Administrators

• Health/Medical Insurance
• Life Insurance
• Long Term Disability Insurance
• Health Savings Plans
• Dental Insurance

Flexible Benefit Administrators custom tailors a group insurance plan to fit your company's needs.  Whether you are in need of just health insurance or a combination of the products that we offer, FBA can create an insurance plan that is an affordable and effective fit for your group's needs.

For more information on group insurance products offered by Flexible Benefit Administrators, click here.

As a licensed insurance agency and third party administator, Flexible Benefit Administrators is uniquely able to design, implement, and handle all aspects of a costumized, cost saving group health plan that replicates the benefit level that a group currently has under their fully insured plan.  By shifting light risk to the employer, the annual cost savings of these types of plans can be tremendous.  Call for more details or for actual case studies.

• Health/Medical Insurance

Provides protection against losses arising from medical and prescription costs due to accident and illness.  Health insurance also serves to provide preventative care to keep insureds healthy.  Click here for a list of our individual health insurance providers.

• Life Insurance (Term, Universal, and Whole Life)

Provides protection against losses caused by death.  This insurance can provide your family with the income they need to maintain their current lifestyle after an unexpected death.  This product is also used frequently in estate planning due to its tax-sheltering ability. 

• Personal Disability Insurance

Provides protection from lost wages due to accident or illness.  Disability insurance assures that you will continue to receive a steady stream of income even after a major accident or serious illness that causes one to miss work.

• Critical Illness Insurance

Provides protection from losses caused by critical illnesses such as cancer and heart disease.  This type of insurance ensures that in the event of a critical illness, the newest and best possible treatments for a specific illness will be covered.  This type of policy is needed to supplement regular health insurance because of the enormous costs associated with the treatment of these types of illnesses.

• Long-Term Care Insurance

Provides a daily benefit to those needing long term care or living in a care facility.  This type of insurance can help pay for costs arising from long term care needs, both facility and home health care.  This relatively new insurance option also offers an inflation protection option, critical in an industry where costs are increasing dramatically.

• Annuities

Used as a retirement vehicle to help prevent outliving one's savings.  Allows a person to accumulate wealth while working so that they can utililize it when retired.  The benefit of an annuity is that the annuity will grow on a tax-deferred basis until distribution.  Upon distribution at age 59 1/2 (age that you can draw on your annuity without penalty), only the interest accumulated is taxable income. 

• Traditional IRA

This retirement account is designed for anyone under the age of 70 1/2 with earned income.  The benefit of this plan is that the contributions to the account are generally tax-deductible (depending on annual income levels) and the money in the fund grows on a tax-deferred basis.  However, upon distribution, these funds are generally fully taxable.

• Roth IRA

This retirement vehicle is designed for everyone.  Unlike the traditional IRA, the funds that are intially put into the account are not tax-deductible.  However, the contributions grow tax-free so that the distribution is completely non-taxable.