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PIAM has partnered with Aflac™ to offer a special injury and illness
insurance program to group practices.
Benefit Highlights from the Employer's Perspective:
• Zero cost to the Employer
• No changes – Aflac Does NOT change or replace any existing benefits
• Employer saves money, since most plans qualify for pre-tax deductions
through reducing FICA tax
• Billed in arrears – premium payments not due until after employee
deductions have been made
• Easily implemented with virtually no administration
• Attracts and retains quality employees
• Minimal participation - only 3 policies purchased qualifies a group
(could be on one person).
Benefit Highlights from the Employee’s Perspective:
• Choice – Gives employee the opportunity to participate in benefits
they would otherwise not be able to, unless it is offered by the company
• Completely voluntary - Allows employees the option to protect themselves
and their family from the potentially devastating financial losses that come
from an injury or illness
• Pays cash directly to employees regardless of any other insurance
• Portable – policies are employee owned, with no rate increases
• Convenient – premiums deducted from paychecks
• Cost Savings – most premiums are paid with pre-tax dollars
• Affordable – most plans start as low as $3-$5 per week before
taxes, and are available at group rates
• Flexible – create affordable plans based on need and
budget.
• No Annual Rate Increase
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