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Contractors who use the entire fringe portion of the prevailing wage to offer additional benefits can save even more.
With Total Fringe, you choose the benefits you want to provide to your employees from our platform. Once you have, we take care of all the details:
- Combine the cost of all coverages into one hourly rate
- Pay all the carriers
- Administer all the programs.
Click on the diagram below to view larger. The process couldn't be simpler. Best of all, you send in one check and upload one file regardless of the number and types of benefits you choose to offer. Total Fringe is an industry-unique service that provides you a seamless, turnkey solution. The Contractors Plan product line offers this full suite of benefits:
- Major medical
- Limited medical*
- Dental insurance
- Vision insurance
- Life insurance
- Retirement
We break down all these products into an hourly premium, enabling you to pay one hourly rate for the collective benefits you choose. We provide all administration for these programs, and we can do it by job and by hour. If you currently offer your employees any of the benefits described above, we will conduct an analysis to ensure you are getting full credit for the premiums paid. Our in-house plan design experts will work with you to allocate the full fringe amount to your benefit plan or plans. *Limited medical is a lower-cost option which provides basic coverage for routine healthcare costs like office and emergency room visits, but does not include catastrophic coverage for serious illnesses such as cancer.
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