Why is ExecSelect the most cost-effective way to enhance healthcare benefits?

What is ExecSelect™

ExecSelect™ is a supplemental health and wellness insurance policy that compliments and expands the coverage afforded by a group sponsored primary medical plan. Quite simply it covers a lot of your health insurance costs not covered by your primary plan, including Executive Physicals, Orthodontia, In Vitro Fertilization, Hearing Aids and much more. 

What's the most common reason a company offers this program?

Brokers sell executive medical reimbursement plans for several key reasons:

1. Recruitment and Retention: These plans are powerful tools for attracting and retaining top executive talent. They offer enhanced benefits that can make a company more appeailing to high-level candidates. 

2. Coverage Gaps: Executive medical reimbursemet plans fill gaps in standard heath insurance by covering out-of-pocket expenses such as vision care, dental work, and elective physicals.

3. Tax Advantages: These plans often come with tax benefits for both employers and employees. Premiums paid by employers can be tax-deductible, and the benefits received by employees are typically non-taxable. 

4. Flexibility and Customization: Employers can tailor these plans to meet the specific needs of their executive teams, offering a level of customization that standard health plans do not.