Employee Benefit Packages Near Me – Premium Iowa IA Employee Benefit Plans Provider

Tuesday, October 10, 2023 11:32 Posted by Admin
Employee benefit packages Iowa, Employee benefit plans Iowa, Employee benefits Iowa

Are you an employee or employer in Iowa and want to know more about the available employee benefit packages Iowa has to offer? Look no further! In this blog post, we will explore everything from health and group life insurance options to retirement planning, offering you a comprehensive look at the various employee benefits, and policies available in Iowa. Be prepared to be amazed by the diverse range of employee benefits here that await you!

Key Takeaways

  • Iowa offers a variety of employee benefit packages with health, life and dental/vision insurance options.
  • Employees have access to long term disability and income protection plans as well as supplemental insurance options like short-term disability & critical illness coverage.
  • Iowa’s leave policies provide eligible employees up to 12 weeks unpaid job protected leave in a 12 month period, while vacation time & paid holidays are left at the discretion of employers.

Understanding Iowa Employee Benefit Packages

eye care, eye consult, doctor

Iowa offers a rich assortment of employee benefits, including:

  • Health insurance
  • Life insurance
  • Dental insurance
  • Vision insurance

These benefits cater to the diverse needs of its workforce. With options ranging from the state-provided network options to small group health insurance for employers with 1-50 employees, group life insurance, and dental and vision insurance through plans like Delta Dental of Iowa and Humana, employees in Iowa enjoy a wealth of benefits.

We will now explore these benefits in detail and examine why Iowa stands out as a desirable workplace.

Health Insurance Options

Iowa employees have access to a variety of health insurance options, including:

  • One health plan provided by the State of Iowa that features two provider network choices
  • Coverage beginning on the first of the month following their initial 30 days of employment with Dallas County
  • Single and family coverage levels available

With these options, there’s an option to suit everyone’s needs.

Additionally, health insurance plans cover dependents, other family members including spouses and children up to 26 years old. Employees should take note that the annual pay period for open enrollment for health benefits is from June 1st to June 30th and utilize this period to optimize their health insurance benefits.

Life Insurance Coverage

In Iowa, life insurance forms a fundamental part of employee benefits, offering a range of options such as basic life insurance, voluntary term life insurance, and group basic vision insurance, dental insurance, life insurance and term life insurance. Employer-paid life insurance plans offer financial security to employees’ families in the event of their passing, with coverage amounts and premiums varying based on age and salary.

Employees can also opt for additional life insurance coverage, through voluntary term life insurance programs. Employee-paid life insurance plans allow full time student part-time benefit-eligible employees to acquire additional life insurance coverage beyond the basic term life insurance benefit provided by the employer. Employees pay the premiums for this supplemental life insurance coverage, typically based on their salary or a fixed amount.

With various coverage options to choose from, employees can customize their life insurance plans to suit their unique needs.

Dental and Vision Insurance

In Iowa, a comprehensive employee benefits package is complemented by dental and vision insurance. Employees can choose from dental insurance plans provided by various dental and companies such as Delta Dental of Iowa, Humana, and Guardian Direct. Typically, these dental insurance plans cover 80 percent of dental expenses, with preventive dental care available on a biannual basis for dental only.

For their vision insurance and dental insurance benefits, employees have access to plans through providers like EyeMed Vision Care. By offering a variety of both dental insurance and vision insurance plans, Iowa ensures that employees can maintain their overall health and wellbeing while focusing on their careers.

Navigating Open Enrollment in Iowa

Open enrollment in Iowa typically runs from October 2nd to November 3rd at 6 p.m. (CST). This period allows employees to make changes to their benefit elections, ensuring they have the best possible coverage for themselves and their families.

To make informed decisions during open enrollment, it’s important to comprehend the eligibility requirements for both full-time and part-time employees, as well as the nature of dependent children and child care expenses.

Full-time and Part-time Employee Eligibility

In Iowa, full-time employees are eligible for benefits if they are permanent or probationary staff members and work at least 20 hours per week. Part-time employees who work at least 20 hours per week are also eligible for benefits, including health insurance, dental insurance, and flexible spending accounts. Both eligible full-time and eligible, part time employees full-time employees can access benefits beginning the first of the month following their initial 30 days of employment as a Dallas County employee.

Transitioning from a part time employees or part time employees full-time employment to full time student full-time employment can have a significant impact on benefit offerings. Generally, full-time employees are eligible for a broader range of benefits, including:

  • Health insurance
  • Retirement plans
  • Paid time off
  • Other employee incentives

Employees should be well informed about the benefits and compensation implications when making the switch. To get more information, contact human resources.

Dependent Care Expenses

Employees in Iowa can take advantage of Flexible Spending Accounts (FSAs) to cover their dependent child care expenses on a pre-tax basis. Eligible, work-related expenses for the dependent care expenses of a qualified individual, such as daycare and babysitting expenses, qualify for FSAs. A Dependent Care Flexible Spending Account allows employees to set aside pre-tax money to cover these expenses, with a maximum contribution limit of $5,000 per year.

Utilizing a Flexible Spending Account for dependent care provides tax benefits, including tax-free reimbursement of qualified, work-related expenses for the dependent care expenses of a qualified individual. By participating in the flexible spending account, individuals can avoid taxes on their dependent child care expenses regardless of income, ensuring their hard-earned money goes further.

Long Term Disability and Income Protection

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Long term disability and income protection options are available to Iowa employees, ensuring financial stability in the face of unforeseen circumstances.

To make informed decisions about their coverage, employees need to understand the distinction between employer-paid and employee-paid plans, in addition to the variety of available supplemental insurance options.

Employer-Paid vs. Employee-Paid Plans

Employer-paid long term disability plans in Iowa are fully financed by the employer, meaning the employer pays the entire premium for the insurance coverage. These plans typically provide coverage levels between 40% and 70% of the employee’s income.

In contrast, employee-paid long term disability plans require the employee to contribute towards the premium for the insurance coverage, with coverage levels generally around 60% of the employee’s earnings. The waiting period for employer-funded long term disability plans in Iowa is typically 90 calendar days.

Employee-paid long term disability plans may have varying waiting periods, such as 90 working days (approximately 18 weeks) or until all sick leave is exhausted, whichever comes later in the pay period. Employees should review the specific terms of their plan for accurate information.

Supplemental Insurance Options

Iowa employees can also benefit from supplemental life insurance options, such as short-term disability and critical illness coverage. Companies like UnitedHealthcare, Wellmark, American Benefit, Manhattan Life, Medico, and United States Fire are leading providers of supplemental life insurance in Iowa.

Short-term disability insurance for employment provides income replacement for employees who are unable to work due to a non-work-related temporary illness or injury. Critical illness coverage insurance offers an employee if eligible for a lump-sum benefit upon diagnosis of a critical illness, helping to cover medical expenses, out-of-pocket costs, and other financial obligations.

These supplemental life insurance options provide added financial security and peace of mind for Iowa employees.

Employee Assistance Program (EAP) in Iowa

The Employee Assistance Program (EAP) is a valuable human resources resource available to Iowa employees, providing confidential and professional services designed to help employees and their family members address issues before they negatively impact their health, happiness, and success. This employee assistance program is an essential part of the insurance company’s human resources strategy, ensuring employee well-being.

Knowledge of how to access EAP services, coupled with an understanding of the confidentiality and privacy measures in place, empowers employees to fully utilize this critical support system.

Accessing EAP Services

EAP services in Iowa offer various channels for employees and their families to access support, including 24-hour telephone support, face-to-face counseling, and online human resources,. The employee assistance program provides services such as assessment, referral, and follow-up services, short-term counseling, management consultation, critical incident stress management, crisis intervention services, and training.

The Employee Assistance Program in Iowa is open to eligible employees and all:

  • All Benefit Eligible ISU employees
  • Iowa state government employees
  • Faculty and staff who are health insurance eligible in a non-intermittent call-in status

Certain EAP services may also be available to dependent children and family members, including the dependent child, ensuring comprehensive support for employees and their dependent children, family members and loved ones.

Confidentiality and Privacy

Maintaining confidentiality and privacy is a top priority for EAP services in Iowa. Legal and ethical guidelines, federal and state statutes, and DHS privacy and security policies all protect the confidentiality and privacy of Employee Assistance Programs in the state. EAP records are kept confidential and separate from personnel records, with written authorization required for the disclosure of confidential health information.

When accessing EAP services online, privacy is maintained through the implementation of confidentiality protocols and compliance with privacy laws such as the Health Insurance Portability and Accountability Act (HIPAA). Employees can trust that their information will remain private while utilizing EAP services, allowing them to focus on addressing their personal challenges and receiving the support they need.

Retirement Planning and IPERS

For employees in Iowa, effective retirement planning plays a pivotal role in ensuring financial security. The Iowa Public Employees’ Retirement System (IPERS) provides a retirement plan designed to offer lifetime pension payments to public employees in the state, with benefits calculated based on factors such as age at retirement, average salary, and years of service.

Grasping the contribution rates of IPERS and the structure of deferred compensation plans can aid employees in planning for a financially secure retirement.

IPERS Contribution Rates

IPERS contribution rates in Iowa vary depending on the membership category. For regular members, the contribution rates are 6.29% from the employee and 9.44% from the employer, totaling 15.73%. For Sheriffs and Deputy Sheriffs, the contribution rates are 9.26% from both the employee and the employer, totaling 18.52%. These contribution rates are calculated as a consistent percentage of pay, with the rates established based on the completion of an annual actuarial valuation report with a one-year delay.

The IPERS contribution rate directly impacts the retirement savings of an employee, as both the employee and their employer contribute money to the IPERS Trust Fund every month. The money contributed is pooled and invested to grow over time, helping to build the employee’s retirement savings. A higher contribution rate can result in a larger retirement savings for the employee.

Deferred Compensation Plans

Deferred compensation plans, such as 457(b) plans, provide Iowa employees with an opportunity to allocate funds towards their retirement while making contributions that can grow tax-free. Contributions to a 457(b) plan are made through pre-tax salary reduction, and both contributions and investment returns are tax-deferred until withdrawal.

Investment options available under deferred compensation plans in Iowa include a variety of income, growth, international, index, and target date mutual funds, fixed rate accounts, and a self-directed brokerage. The maximum annual contribution limit for 457(b) plans in Iowa is $22,500 for 2023 and $20,500 for 2022.

By participating in employee deferred compensation and insurance plans, employees can further enhance their retirement savings and secure their financial future.

Leave Policies and Paid Time Off

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For Iowa employees, leave policies, employee benefits, and paid time off form integral parts of achieving a balanced work-life experience. Understanding the state’s sick leave and Family Medical Leave Act (FMLA) policies, as well as employee benefits such as vacation time and paid holiday provisions, can help employees make the most of their time away from work while ensuring they stay informed about their rights and responsibilities.

Employees should familiarize themselves with the state’s leave policies, including the amount of

Sick Leave and Family Medical Leave Act (FMLA)

In Iowa, eligible employees are entitled to up to 12 weeks of unpaid, job-protected leave in a 12-month period under the Family Medical Leave Act (FMLA) for reasons such as a serious health condition, bonding with a new child, or qualifying exigencies for health others. To be eligible, employees must have worked at least 1,250 hours in the 12-month period prior to the leave. Employers in Iowa are obligated to comply with federal FMLA regulations.

Sick leave policies in Iowa are generally left to the discretion of the employer. Here are some key points to note:

  • Full-time employees typically receive an average of 7 days of sick leave per year.
  • Part-time employees receive an average of 6 sick days per year.
  • Employees can utilize their accrued sick leave for personal illness, bodily injury, medically related disabilities, and disabilities resulting from physical or mental illness.

Vacation Time and Paid Holidays

While Iowa labor laws do not mandate employers to provide paid vacation time to employees, many employers choose to offer vacation leave as a benefit. The specific policies regarding vacation leave may differ among employers, so it is important to consult with your employer to understand their unique policies.

Customary paid holidays for employees in Iowa include:

  • New Year’s Day
  • Martin Luther King Jr. Day
  • Memorial Day
  • Independence Day
  • Labor Day
  • Thanksgiving Day
  • Christmas Day

By offering paid holidays and vacation time, employers in Iowa contribute to a healthy work-life balance for their employees, allowing them to recharge and maintain their overall well-being.

Relevant Statistics

  • Over 90% of employers in Iowa offer health insurance as part of their employee benefits packages.
  • The average retirement contribution by employers in Iowa is 6% of an employee’s salary.
  • Approximately 70% of companies in Iowa provide dental coverage to their employees.
  • More than 80% of employers in Iowa offer paid vacation time as part of their benefits package.
  • About 95% of businesses in Iowa provide a retirement savings plan, such as a 401(k), for their employees.

General Facts

  • Iowa employee benefits packages typically include health insurance coverage.
  • Many companies in Iowa offer retirement plans, such as 401(k) or pension plans, as part of their employee benefits packages.
  • Paid time off, including vacation and sick leave, is a common component of employee benefits packages in Iowa.
  • Some employers in Iowa provide additional benefits like dental and vision insurance.
  • Employee assistance programs for mental health support are becoming more prevalent in Iowa’s employee benefits packages.


In conclusion, Iowa offers a comprehensive range of employee benefits, including: health insurance, life, dental, and vision insurance, long term disability and income protection, the Employee Assistance Program, retirement planning and IPERS, and leave policies and paid time off. By understanding the various employee benefits now available and making informed decisions about their coverage, employees in Iowa can enjoy a balanced work-life experience and secure their financial future. So why wait? Start exploring and maximizing your employee benefits today!

Frequently Asked Questions

What is a standard benefit packages for employees?

Employee benefits packages typically include medical insurance, dental and vision coverage, life insurance, retirement planning, paid time off, and other perks offered by employers to attract and retain talent. Federal law requires employers to offer certain benefits, with many states mandating further coverage.

How many hours do you have to work to get benefits in Iowa?

To be eligible for benefits in Iowa, you need to have worked and earned a certain amount of wages covered by unemployment insurance in the last 15 to 18 months. You need to work an average of 30 hours a week with at least 20 of those hours dedicated to core activities. Alternatively, a combined average of 35 hours a week with at least 30 of those hours dedicated to core activities can be used to qualify for benefits. Permanent or probationary employees who work at least 20 hours a week are also eligible.

How much is a benefits package worth in salary on average?

The average benefits and salary package is estimated to be over 30% of a salary, bringing the total compensation to more than $92,855. For example, a salary of $65,000 would have a benefits package worth approximately $27,855.

What are 4 common employee benefits?

Common employee benefits typically for part time employees include health insurance benefits, dental insurance benefits, life insurance, retirement plans, flexible spending accounts or health savings accounts, paid vacation and sick time, paid holidays, and paid medical leave.

What is the difference between employer-paid and employee-paid long term disability plans in Iowa?

Employer-paid long term disability plans in Iowa are fully funded by the employer, while employee-paid plans require the employee to contribute towards the premium of their insurance coverage.

Written by Todd Taylor

Todd Taylor

Todd Taylor oversees most of the marketing and client administration for the agency with help of an incredible team. Todd is a seasoned benefits insurance broker with over 35 years of industry experience. As the Founder and CEO of Taylor Benefits Insurance Agency, Inc., he provides strategic consultations and high-quality support to ensure his clients’ competitive position in the market.

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