Maintaining a healthy workforce is a key factor in employee loyalty and retention as well as efficient business production. Foster Financial Group partners with all the major health insurance providers to offer you the best plans available. We create custom benefit packages for each of our clients by identifying needs and targeting goals. We go beyond the standard spreadsheet comparison and help companies make critical decisions concerning benefits programs. Understanding each of our clients is unique and their benefits package should address that it is our top priority!

Medical, Dental, Vision: Foster Financial Group offers a complete package of health benefits including medical, dental and vision. Our benefit programs are targeted with our customers' needs in mind, therefore we can create a benefits package to address the needs of your company and employees.

Health Savings Accounts: A Health Savings Account gives your employees the opportunity to invest in their health and to plan for medical related expenses. With an HSA employees can set aside pre-tax dollars to pay for doctor’s visit and prescription drugs as well as other medical related expenses. Unused balances carry forward each year giving employees more saving and spending flexibility.

Health Reimbursement Arrangements: Companies can elect to reimburse employees’ medical expenses. This is particularly beneficial when the company elects for a lower premium/higher deductible plan. While the company can define the reimbursable expenses, employees benefit from tax free reimbursements while the employer is able to report the amount of expense as a tax deduction.

Medical Expense Reimbursement Plans: Similar to an HRA, a MERP offers employers the flexibility to control the cost of health coverage while maintaining a high level of benefit coverage. However, a MERP is managed on an annual basis with no carryover of benefits or employee accounts.