Simple Benefits Plans for Small Businesses

SelectFlex is the perfect plan for small businesses of three or more employees who want simplicity, flexibility, and cost control.  More than an “off-the-shelf” benefits plan, SelectFlex provides a range of options for employers to design a benefits plan specifically for their employees.

What are SelectFlex Benefits?

Traditional group benefit plans often have a “one size fits all” approach where every member of your company has the same benefits. With the SelectFlex Benefits Plan, you select the benefits to offer to show your employees you care, with the flexibility of a more tax-effective plan.

With the SelectFlex Benefits Plan, the plan sponsor selects the benefits to offer to employees. Employees then receive the flexibility they need for their own coverage through a tax-effective plan. The combination of insurance protection and flexibility is one of the key advantages of SelectFlex.

There is a growing demand for a group plan that is flexible, easy, and affordable for small businesses.  Some small businesses assume they are too small to have a truly flexible solution or have found in the past it was too expensive to do so. The SelectFlex Benefits Plan is designed to meet this demand.

The SelectFlex Benefits Plan is unique because employers can tailor which benefits to offer. The employer gains control over the costs of a plan while offering real choice for their employees, showing their appreciation and attracting new talent with a quality benefits package.


SelectFlex Benefits Plan for Small Businesses

For companies that like the familiarity of a traditional benefits plan, but with more cost control and flexibility.

Plan Highlights

  • Similar to a conventional style defined benefit plan, but with flexible options.
  • Pooled coverage provides greater rate stability for the employer.
  • Mandatory Extended Healthcare (including a drug card), travel Insurance, and hospital expenses.
  • Optional Dental, Life Insurance, Accidental Death & Dismemberment, Critical Illness, and Long-Term Disability coverage.
  • You can build a Hybrid Plan with SelectFlex by adding a Healthcare Spending Account.

Coverage Amount

Administration Fee

  • Pooled benefits premiums inclusive of fees.
  • Healthcare Spending Account fees are 15% of contributions.
  • No setup fees, annual fees, per claim fees, or fees for booklets.

What’s Covered?

The TBT SelectFlex benefits plan for small businesses includes core mandatory coverage of:
  • Drugs
  • Travel Insurance
  • Semi-Private Hospital Room

Optional Catastrophic Coverage

  • Life Insurance
  • Accidental Death & Dismemberment
  • Critical Illness
  • Long-Term Disability
  • Healthcare Spending Account (this can be used to cover all other healthcare-related expenses such as paramedical/registered therapist services)
  • Basic Dental Coverage

Online/Smartphone App Claim Submission?


Benefits Card?


Pay Direct Drug Card?


Interested in a SmartFlex Plan for Your Business?

Talk to your advisor, call us for a 10-minute chat, or submit a callback form.

Common Questions and Resources

What are the Advantages of SelectFlex?

SelectFlex is designed to be easy for employers to customize and easy for employees to understand.

SelectFlex offers:

  • Flexibility to design a more tax-effective plan for business owners
  • Optional benefits allow employers to pick only the coverage they want by class or group of employees
  • Hybrid plan design helps to keep benefits plan costs within budget
  • Convenience of a drug card for prescription medications
  • Electronic dental claims submission (EDI) directly from the dental office
  • Added flexibility with Health Care Spending Accounts covering a wider range of eligible items than a conventional benefits plan

Administration Questions

Most Traditional Employee Benefits Plans Look the Same

Consider the following when choosing a new plan.


Budgets are always on the minds of small business owners – and we can’t blame them! At The Benefits Trust, we provide the most value and maximize cost efficiency with customized plans that cater to the needs of your employees.


Delivering more value means more than offering comprehensive employee benefits. It means creating a partnership with your provider that’s based on dedicated representative customer service. It means flexibility in the solutions we offer and responding to your inquiries immediately.

Plan Design

We think outside of the traditional benefits box. Our clients (and their employees) enjoy custom benefits plans that have been specifically designed to cater to business and employee needs and goals.


At The Benefits Trust, we prioritize unparalleled support for our clients. Think of us as your benefits department; from the initial setup to ongoing management, we ensure your benefits plan runs smoothly.

We Can Match Your Existing Plan

Keep the benefits blueprint you trust while enhancing it to make it exactly what you need it to be.
Our team can quickly adjust and change your existing plan to work perfectly for you.

The Benefits Trust Creates a Custom Benefits Plan to Meet Your Company’s Needs

With a third-party administrator like us:
  • You pay for the insurance you want
  • You only pay for the claims you have
  • Administrative costs are fixed and transparent

Have an Inquiry About Our Plans?

Navigating benefits can be complex; lean on us for clear, concise answers to all your plan-related questions.

Call us at 1-800-487-2993

Email us at [email protected]

Regular Hours of Operation:

Monday – Friday 8:30am – 5:00pm

Inquire About Our Simple Benefits Plans for Small Businesses

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What’s Covered?

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