Prevailing wage contractors face many unique challenges such as weather delays, seasonality and job interruptions. It’s critical to have a benefit plan that can meet these challenges. The Contractors Plan provides quality health coverage and offers the flexibility you need with our unique hour banking program.
What is Hour Banking?
Hour Banking allows employees to “bank” hours during peak periods. These excess hours can be utilized during slow periods to allow employees to maintain coverage. With hour banking, employers can account for all hours worked as well as their corresponding fringes, and employees enjoy the opportunity to maintain year-round coverage.
Your company will benefit from hour banking if:
Medical Coverage from The Contractors Plan
Get the Bargaining Power of a Large Trust
Because our product is held in trust, we’re able to offer your company the benefit of being part of a larger group of contractors, which significantly minimizes risk and liability – particularly for smaller companies. We customize benefit plans for non-union contractors, enabling them to offer union-like coverage.
The Contractors Plan provides comprehensive, single-point services.
When you partner with us, we handle it all. We’re a one-stop shop for contractors. We’re flexible. We can handle unique situations, such as insuring job sites only or insuring select groups of employees.
We work with quality partners, including: