Ancillary Benefits – Employer Costs
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Welcome! |
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| The charts below show your options as an employer and allows you to custom build a powerful, competitive benefits package for your company. As an employer, you have the option to sponsor costs for your employees.
Voluntary fees are paid 100% by the employee, while employer-sponsored fees are paid in part or full by the company at lower costs. |
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Dental Plans |
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You can save on your dental plan by contributing to some or all of your employees’ costs! Employers sponsoring dental must contribute a minimum of 25% to the employee-only preventative with 75% participation. Click here to learn more about Nextep’s dental plan offerings. |
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Coverage Level |
EMPLOYER-sponsored cost |
voluntary cost |
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| Dental – Preventative | ||
| Employee Only | $15.02 | $17.52 |
| Employee + Spouse | $29.02 | $33.94 |
| Employee + Child(ren) | $25.42 | $29.68 |
| Family | $45.00 | $52.44 |
| Dental – Core | ||
| Employee Only | $25.04 | $28.80 |
| Employee + Spouse | $47.24 | $55.08 |
| Employee + Child(ren) | $40.82 | $47.94 |
| Family | $71.16 | $84.26 |
| Dental – Enhanced | ||
| Employee Only | $39.22 | $46.50 |
| Employee + Spouse | $83.88 | $98.92 |
| Employee + Child(ren) | $72.70 | $86.08 |
| Family | $127.10 | $151.24 |
| Dental – Enhanced Platinum | ||
| Employee Only | $45.39 | $52.17 |
| Employee + Spouse | $96.56 | $111.00 |
| Employee + Child(ren) | $84.02 | $96.60 |
| Family | $147.65 | $169.72 |
Vision Plans |
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You can save on your vision plan by contributing to some or all of your employees’ costs! Employers sponsoring vision must contribute a minimum of 25% to the employee-only Core plan with 75% participation. Click here to learn more about Nextep’s vision plan offerings. |
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Coverage Level |
EMPLOYER-sponsored cost |
voluntary cost |
| Vision – Core | ||
| Employee Only | $4.59 | $5.73 |
| Employee + Spouse | $9.15 | $11.42 |
| Employee + Child(ren) | $9.54 | $11.93 |
| Family | $12.38 | $15.20 |
| Vision – Enhanced | ||
| Employee Only | $6.09 | $7.60 |
| Employee + Spouse | $12.13 | $15.16 |
| Employee + Child(ren) | $12.66 | $15.83 |
| Family | $16.44 | $20.17 |
Disability Plans |
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Employers choosing to sponsor short or long-term disability must contribute 100% to the plan with 100% eligible employee participation. Gross-up pricing is also available. Click here to learn more about Nextep’s voluntary disability plan offerings. |
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PLAN |
BENEFIT |
COST |
| Short-Term Disability (STD) – EMPLOYER-SPONSORED | ||
| STD Choice | 60% of earnings, up to $1,500 per week, beginning day 8 | $0.307 per $1,000 cvg |
| STD Select | 60% of earnings, up to $2,500 per week, beginning day 15 | $0.238 per $1,000 cvg |
| STD Principal | 60% of earnings, up to $1,500 per week, beginning day 8 | $0.267 – $0.407 per $10 wkly, varies based on company’s SIC code |
| Long-Term Disability (LTD) – EMPLOYER-SPONSORED | ||
| LTD Choice | 50% of earnings, up to $1,000 per month, beginning day 181 | $0.127 per $1,000 cvg |
| LTD Select | 60% of earnings, up to $5,000 per month, beginning day 91 | $0.182 per $100 | pay period |
| LTD Principal | 60% of earnings, up to $10,000 per month, beginning day 91 | $0.212 per $100 | pay period |
| Short-Term Disability (STD) – VOLUNTARY | ||
| STD | Benefit is 60% of earnings, up to $1,500 per week, beginning day 8.
Voluntary STD plans are calculated using the Fee Factor chart to the right. Cost Formula:
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| Long-Term Disability (LTD) – VOLUNTARY | ||
| LTD | Benefit is 60% of earnings, up to $10,000 per month, beginning day 91.
Voluntary LTD plans are calculated using the Fee Factor chart to the right. Cost Formula:
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AD&D and Life |
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Employers sponsoring Life and AD&D must contribute 100% to the plan with 100% eligible employee participation. The employer-sponsored option includes both AD&D and Life, paid with one easy cost. The voluntary, employee-paid option separates AD&D and Life into two separate benefits. Click here to learn more about Nextep’s AD&D and Life plan offerings. |
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PLAN |
COVERAGE |
COST |
| Accidental Death & Dismemberment (AD&D) and Life – EMPLOYER-SPONSORED | ||
| $15,000 coverage | Employer sponsorship includes both Life and Accidental Death & Dismemberment (AD&D). Voluntary plans are also offered in addition to or instead of the employer-sponsored option. |
$1.89 |
| $25,000 | $3.15 | |
| $50,000 | $6.30 | |
| 1x or 1.5x salary | $0.126 per $1000 cvg | |
| Accidental Death & Dismemberment (AD&D) – VOLUNTARY | ||
| Employee | up to 5 times employee salary in increments of $10,000, up to $500,000 |
$0.032 per $1,000 cvg |
| Spouse | up to 50% of employee’s cvg in increments of $5,000 | $0.034 per $1,000 cvg |
| Child(ren) | up to 50% of employee’s cvg in increments of $2,000 |
$0.034 per $1,000 cvg |
| Life – VOLUNTARY | ||
| Employee | up to 5 times employee salary in increments of $10,000, up to $500,000 |
Cost varies based on age and coverage. Click here for detailed employee costs. |
| Spouse | up to 50% of employee’s cvg in increments of $5,000 | Cost varies based on age and coverage. Click here for detailed spouse costs. |
| Child(ren) | 14 days-6 mo: $250 cvg max. 6 mo-25 years (if unmarried FT student): flat $10,000 cvg |
One monthly fee of $2 covers all eligible dependents |
Group Whole Life |
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Group whole life pays in the event of your death, helping your family maintain financial peace of mind. As long as you pay the benefit costs, this life insurance does not expire, age out, or increase costs based on health conditions. Click here to learn more about Nextep’s Group Whole Life plan offering and how it differs from the term life option. This benefit is voluntary and 100% employee-paid. |
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COVERAGE |
COST |
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| Group Whole Life – VOLUNTARY | ||
| Guarantee issue up to $100,000 if enrolling during initial eligibility. Coverage is portable and dividend-eligible. | Cost varies based on age and amount of coverage. Employees can get a custom quote at mm.benselect.com. | |
Telehealth |
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Telehealth doctors are available 24/7/365 to provide quality care through the convenience of phone or video consults. This phone-based service can handle many routine doctor office visits, saving your people time and money. This benefit can be used on its own or as an additional, money-saving layer in addition to your company’s health plan. Employers choosing to sponsor this benefit must contribute 100% to the plan with 100% eligible employee participation. Click here to learn more about Nextep’s telehealth options. |
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PLAN |
COVERAGE |
COST |
| Telehealth – EMPLOYER-SPONSORED | ||
| Basic | Consultations are a $49 copay.* | $4 |
| Plus | Consultations with no copay!* | $5 |
| Enhanced | Phone & app consults with no copay!* Plus, second opinions. | $8 |
| *Additional fees apply for mental health and dermatology visits | ||
Hospital |
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Nextep’s hospital plan can help protect your finances from an unexpected hospitalization. It pays flat fees in the event of hospitalization to help cover expenses like plan deductibles, copays, and extra costs for out-of-network care. This voluntary benefit can be used on its own or as an additional, money-saving layer in addition to your company’s health plan. It comes in two tiers: high and low. Click here to learn more about Nextep’s hospital plan. |
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PLAN |
COVERAGE |
COST |
| Hospital LOW – VOLUNTARY | ||
| Employee Only |
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$9.54 |
| Employee + Spouse | $18.68 | |
| Employee + Child(ren) | $17.27 | |
| Family | $29.37 | |
| Hospital HIGH – VOLUNTARY | ||
| Employee Only |
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$24.14 |
| Employee + Spouse | $47.28 | |
| Employee + Child(ren) | $43.67 | |
| Family | $74.30 | |
Accident |
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Nextep’s accident insurance pays in the event of a covered accident, such as broken teeth, burns, lacerations, coma, fractures, concussions, and more. This voluntary benefit can be used on its own or as an additional, money-saving layer in addition to your company’s health plan. It comes in two tiers: basic and premium. Click here to learn more about Nextep’s accident plan. |
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PLAN |
COVERAGE |
COST |
| Accident BASIC – VOLUNTARY | ||
| Employee Only |
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$9.44 |
| Employee + Spouse | $13.91 | |
| Employee + Child(ren) | $17.71 | |
| Family | $22.83 | |
| Accident PREMIUM – VOLUNTARY | ||
| Employee Only |
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$17.67 |
| Employee + Spouse | $26.50 | |
| Employee + Child(ren) | $33.72 | |
| Family | $43.04 | |
Critical Illness |
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Nextep’s critical illness plan pays in the event of a critical diagnosis, including cancer, heart attack, severe stroke, kidney failure, Alzheimer’s disease, organ transplants, and more. This voluntary benefit can be used on its own or as an additional, money-saving layer in addition to other plans. It comes in two tiers: $15,000 and $30,000. The benefit pays out up to the maximum amount, based on the nature and severity of the diagnosis. Click here to learn more about Nextep’s critical illness plan. |
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COSTS |
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| Critical Illness $15,000 – VOLUNTARY | ||
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| Critical Illness $30,000 – VOLUNTARY | ||
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Legal |
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You can use a network attorney for covered services, such as wills, elder care, civil lawsuits, powers of attorney, and money matters for a small monthly cost. Eligible legal matters are fully covered with no co-pays, deductibles, or claim forms when using an in-network attorney. Click here to learn more about Nextep’s legal plan offering. |
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Coverage Level |
COVERAGE |
cost |
| Legal – VOLUNTARY | ||
| Employee Only | Covers personal legal services for employee, spouse, and dependents. | $16.50 |
Identity Theft |
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We offer comprehensive identity monitoring and resolution services that go beyond the basic coverage that banks or credit card companies offer, and typically are a fraction of the cost. You can elect or cancel coverage any time for any reason. Coverage is offered at two levels: platinum and plus/basic. Both plans offer comprehensive identity monitoring and resolution services, with the added benefit of your credit report and score with the platinum plan. Click here to learn more about Nextep’s identity theft insurance. |
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Coverage Level |
COVERAGE |
cost |
| Identity Theft PLUS/BASIC – VOLUNTARY | ||
| Employee Only | Offers comprehensive identity monitoring and resolution. | $7.95 |
| Family | $13.95 | |
| Identity Theft PLATINUM – VOLUNTARY | ||
| Employee Only | Platinum coverage includes your credit report and score. | $12.95 |
| Family | $22.95 | |
Pet Insurance |
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Protect your pets with Nextep’s robust pet insurance options. With coverage for many common ailments and accidents, you can keep Fido healthy while you save more of your dollars. Click here to learn more about Nextep’s pet insurance. |
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COVERAGE |
COST |
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| Pet Insurance – VOLUNTARY | ||
| Offers a variety of pet services with a $250 deductible. | Cost varies based on pet. Employees can get a custom quote at petinsurance.com/nextep. | |
Lifestyle Benefits |
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Lifestyle Benefits provide savings on items you use everyday. They’ve negotiated exclusive offers that you can’t find anywhere else online. Coverage is offered at three levels: everyday savings, protection, and lifestyle & protection. All plans cover employee, spouse/domestic partner, and any IRS dependent(s) at one low cost. Click here to learn more about Nextep’s lifestyle benefits. |
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PLAN |
COVERAGE |
COST |
| Lifestyle Benefits – VOLUNTARY | ||
| Everyday Savings Plan | Savings include hotels, movies, restaurants, gym, and shopping. | $7.95 |
| Protection Plan | Savings include roadside assistance, legal assistance, and ID theft resolution. | $8.95 |
| Lifestyle & Protection Plan | Includes all of the savings above, plus vet and pet RX discounts. | $10.95 |
Employee Assistance Program |
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Employees can benefit from the Employee Assistance Program (EAP), offered through Health Advocate, at every stage of their lives and careers. When you need help or just have a question, the EAP is here, confidential and free of charge. Click here to learn more about the EAP. |
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COVERAGE |
COST |
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| Employee Assistance Program (EAP) | ||
| Employees can access all resources through a single phone number or internet sign-on, saving time and providing easy access to valuable information. | Free! | |
FSA, HSA, & HRA |
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A health savings account (HSA) or flexible spending account (FSA) allows you to deduct a set amount of pre-tax money from each paycheck to pay for certain IRS-qualified out-of-pocket health expenses, such as medical copays, dependent care, prescription drugs, transit, and parking. Learn more about Nextep’s FSA, DCA, LPFSA, Parking & Transit FSA, and HSA benefits. |
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PLAN |
COVERAGE |
COST |
| Cafeteria Plans | ||
| Flexible Spending Account (FSA) | Includes FSA, dependent care account (DCA), limited purpose FSA (LPFSA), and parking and transit FSAs | No additional fees |
| Health Savings Account (HSA) | The employer can decide whether to sponsor the setup fee and monthly admin. The replacement debit card and early withdrawal fees are employee costs. | $10 | one-time setup fee $5 | admin fee per employee/month $10 | replacement card $20 | early withdrawal fee |
| Health Reimbursement Arrangement (HRA)* | HRAs allow your company to assist with medical plan deductibles. Click here to learn more. | $400 | one-time setup, per plan $200 | annual renewal $5 | per employee/month |
| *HRA fees are 100% paid by the employer if participating | ||
Retirement |
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Whether retirement is a lifetime away or right around the corner, Nextep’s retirement plans can help you achieve your retirement goals. Employers can choose whether or not to sponsor the administrative fees. Click here to learn more about Nextep’s retirement benefits. |
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COST |
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| 401(k) | ||
| 0.37% of total assets, assessed monthly | ||
| Additional fees may be assessed for advisor services, special reports, amended returns, distributions, loan processing, insufficient funds, and more. See the most recent Empower fee disclosure for details. | ||