Services for the long view, built around your Business.

Employee Benefits

With today's ever-changing Health Care Reform and overall uncertainty about how it will affect employers, the Marion-Douglas team offers answers and solutions. Under the leadership of Douglas Godown, we help closely held companies design and implement employee benefit and retirement plans that attract, retain, motivate, and reward talented people, on a fully-insured or partially/self-funded basis.

Group Benefits We Broker

• Health, Dental, and Vision
• Cafeteria / FSA / Section 125
• Health Reimbursement Accounts (HRA)
• Health Savings Accounts (HSA)
• Retirement Planning, 401(k) and 403(b)
• SEP and SIMPLE IRAs
• Life and AD&D
• Short and Long Term Disability
• Supplemental and voluntary products

Underwriting, Small Group (2–50 Employees)

• Preparation of underwriting packets
• Comprehensive application and underwriting review
• Screening of health applications for accuracy
• Participation calculator, compliance, and contribution
• Employee class analysis and industry review

Underwriting, Large Group (51+ Experience Rated)

• Compilation of data into a management reporting tool
• Quarterly analysis of reports and plan utilization
• Plan design and funding changes with long-term cost benefit
• Packaging client information for the most aggressive rate proposals
• Plan and budget projections for future rating actions
• Verify underwriting rating information is accurate and fair

Human Resources

• Review and consultation
• On-site and remote support
• Develop performance management systems
• Conduct audits and assessments
• Employee training and development
• Benefit communications and creative HR services

Administrative Services

• Premium billing reconciliation assistance
• Electronic carrier processing for new hires and terminations
• Claims assistance and resolution for improperly processed claims
• Direct employee support: ID cards, name and address updates, SSN corrections
• COBRA administration through strategic partners at no cost to clients

Wellness Programs

• Coordination of carrier programs and resources
• Employer workshops and workplace evaluations
• Employee interest surveys
• Event support, including health fairs
• Health education materials, tips, and newsletters

Estate & Gift Tax Planning

Designing your estate plan today helps assure the effective and efficient transfer of your financial capital, with multi-million dollar tax savings, family wealth shielded from outsiders, and controlled distributions across generations.

Planning Strategies We Coordinate

• The Inheritor's Trust and Irrevocable Insurance Trust
• Avoiding probate and Generation Skipping Tax exemption
• Personal Residence Trust and Grantor Retained Annuity Trust
• Family Installment Sale, Family Limited Partnership, or LLC
• Family Bank (Dynasty Trust) and Family Foundations
• Charitable Remainder Trust and Charitable Lead Trust
• Retirement planning distribution rules and valuation discounts

Business Succession Planning

Your business is years of hard work and most of your personal wealth. Sixty-five percent of successful family businesses don't continue into the second generation. Proper planning, design, and implementation protect what you've built.

Succession Strategies We Design

• Buy-sell agreements funded with life insurance
• Cross-purchase and entity-purchase structures
• Key person insurance to protect against loss
• Family succession and leadership transition plans
• Business valuation and equitable transfer methods
• Estate tax liquidity and deferred payment strategies

Implementation Support

• Coordinate with attorneys and CPAs
• Structure funding vehicles and financing
• Train and prepare successor management
• Monitor and update plans as circumstances change

Fixed & Index Annuities

Put a well-designed plan in place today that provides guaranteed income for a lifetime, with investment options backed by reputable companies and unaffected by stock market swings.

Risks We Help You Plan Around

• Running out of money if you retire into a down market
• Historically low interest rates eroding guaranteed returns
• Increasing life expectancies and longer retirements

Inherited Annuity Contracts

• Continue the annuity's growth for beneficiaries
• Spread income tax impact over time
• Designate your own beneficiaries to extend the legacy
• Coordinate RMDs and 72(s) payment requirements

Medicare

Medicare is the federal health insurance program for people age 65 and older, those with disabilities, and individuals with end-stage renal disease. We help you understand Parts A, B, C, and D so you can choose the right combination for your life.

Coverage We Help You Navigate

• Part A: inpatient hospital, skilled nursing, and hospice
• Part B: doctor visits, outpatient care, and medical supplies
• Part C (Medicare Advantage) plans through private carriers
• Part D prescription drug coverage
• Medicare Supplement plan comparison
• IRMAA review and annual enrollment period support