Benefits Plan Options

This is the “Benefits Plan Options” section of the Employee Benefits FAQ Library.

  • HMO: Requires referrals and primary care coordination
  • PPO: Offers more flexibility and out-of-network coverage

Voluntary benefits are optional insurance products employees can purchase through payroll deductions.

Examples include:

  • Accident insurance
  • Critical illness insurance
  • Hospital indemnity insurance

An FSA allows employees to set aside pre-tax money for medical expenses.

Most FSAs follow the use-it-or-lose-it rule, though some plans allow a limited rollover.

Disclaimer

This information is provided for general educational purposes and should not be considered legal, tax, or compliance advice. Employers should consult with qualified professionals regarding their specific compliance obligations.