936.228.3500

We Solve the Complexities of Group Health Insurance, Compliance, and HR – to Help You Get There…

Our Company

PaySolv Benefits Group, LLC (PBG) is a Texas-based company that helps businesses successfully navigate through the complexities of finding and acquiring the best possible health insurance and benefit plans for their employees.

Our Mission

To exceed the expectations of our clients and their employees by delivering incomparable service and value by offering a Single Source for employer sponsored benefit plans and HR solutions.

Our Technology

With our technology solutions, you can save time and money by eliminating excessive paperwork while also collecting data to better manage your benefits and human resources. Electronic enrollments, benefits administration, and human resources information all cloud-based to help you get there.

 

Stylishly designed to delight and built to engage your people, the PaySolv HR platform helps employees quickly and easily complete daily tasks such as apply for jobs, enroll in benefits, manage time, and track performance. Our technology makes life easier by empowering employees to perform at their full potential and work inspired.

Group Benefits

Health Insurance

Employer-sponsored health insurance coverage for employees and often their dependents. Employers and employees can share costs, and there are tax incentives to businesses that provide group health coverage. Plans can be fully funded by a health insurance carrier, which are state-regulated, or self-funded by the employer, which are federally regulated. Carriers offer a number of group plans with varying options for deductibles, co-pays, annual limits, eligibility and provider networks.

Dental

Employer-sponsored insurance that pays a portion of the costs associated with dental care, such as preventative cleanings, orthodontia and restorative services. Insurance carriers offer plans with varying options for deductibles co-pays, annual limits and provider networks.

Disability

Employer-sponsored insurance covering a portion of an employee’s earned income when that employee becomes unable to work due to a disabling illness or injury. Typically, short-term plans provide up to six months of financial support, and long-term plans provide support until the employee is considered permanently disabled. For both plans, there is usually a waiting period before benefits start.

Flexible Savings Account (FSA)

A tax-advantaged account allowing an employee to set aside a limited portion of earnings to pay for qualified medical and dependent care expenses. An FSA is commonly offered with a traditional group health insurance plan to pay for out-of-pocket expenses the plan does not cover. FSA money can be accessed with a debit card, or the employee is reimbursed after filing a claim. Unused money at the end of the plan year does not roll over.

Health Savings Account (HSA)

A tax-advantaged savings account available to employees enrolled in a high deductible health plan and used to pay for qualified medical expenses. Unused funds roll over and accumulate year to year because the account is owned by the employee. HSAs can be funded by the employee, the employer or both, and there is an individual and family annual limit to the amount that can be deposited.

Voluntary

Your employees are your number one asset. They look to you (their employer) as a resource for their health insurance as well as their financial affairs. Providing them with voluntary insurance is advantageous for them as well as you. PBG can help reduce your direct insurance cost by supplementing your group health insurance plans with voluntary plans while keeping coverage and cost competitive in your industry.

Voluntary Benefits

Accident

Reduces the financial impact of an accident by providing cash benefits.

Cancer/Specified-Disease

Helps with the costs of cancer treatment.

Lump Sum Critical Illness

Provides a lump sum cash benefit if you’re diagnosed or treated for a

covered critical illness event, such as a heart attack, stroke, or paralysis.

Hospital Confinement Indemnity

A tax-advantaged account allowing an employee to set aside a limited portion of earnings to pay for qualified medical and dependent care expenses. An FSA is commonly offered with a traditional group health insurance plan to pay for out-of-pocket expenses the plan does not cover. FSA money can be accessed with a debit card, or the employee is reimbursed after filing a claim. Unused money at the end of the plan year does not roll over.

Short Term Disability

Provides you with a source of income if you’re disabled due to an accident or illness.

Life

Helps your family through the tough times with funds to help pay the bills if something happens to you.

Dental

Provides benefits for periodic checkups and cleanings, X-rays, fillings, crowns, and much more.

Vision

Helps with the costs of eye exams, treatments, and vision correction materials.

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CLICK ON IMAGE TO DOWNLOAD YOUR CENSUS

Complete census to receive your Health Insurance Quote.

Carefully review the instructions, complete and save with your company name in the file name, then email to jack.anderson@paysolvbenefitsgroup.com

Carriers

Bundle Benefits with HR and Payroll

Save up to 10% on set up fees and monthly administration fees by leveraging our technology solutions with employee benefits.