Medical Benefits Plans

Medical benefits plans vary from one employer to the next, but there's one thing they all have in common--the rising cost of health care. While some employers are discontinuing medical benefits completely, others are reducing the amounts they will contribute and increasing the amount required of the employee. Either of these actions can result in an increase in the employee's out-of-pocket expenses to maintain access to health care coverage.

A major group that is affected by the lack of affordable medical benefits plans is government contractors. Over 25 years ago, we at The Boon Group recognized the need for a flexible benefits plan that would cover the rapidly changing dynamic of the government contractor workforce. Employees on hourly wages working for a limited number of days, weeks, or months do not qualify for group health insurance under most agencies.

Medical Benefits Plans and the Law
To respond to this issue, we formed a full-service company providing medical benefits plans for government contractors and their employees. Our efforts include the design and implementation of a benefits package that abides by the constraints of the contract, while providing the employees the opportunity for medical coverage. In addition, we provide full administration of our benefits plans, including compliance reporting.

Our team of professionals stays abreast of any changes in the laws governing state or federal wages and benefits, such as the Service Contract Act and the Davis-Bacon Act. We fully understand average cost accounting, individual cost accounting, hour bank accounting, sick leave accounting, and all aspects of managing medical benefits plans. Contact us with any questions you have about benefits plans for your workplace.