Business Management Daily
JUNE 29, 2022
There are two plan design issues: You may run afoul of the Mental Health Parity and Addiction Equity Act of 2008 if you reimburse for medically necessary travel but not for travel related to employees’ mental health. Employees can use health savings accounts to cover the cost and you can contribute to those, too.
Corporate Synergies
AUGUST 19, 2019
Health savings accounts are designed for the long term, but most employees use funds for current healthcare expenses. Health savings accounts (HSAs) continue to increase in popularity, but not without issues for both employees and employers. From 2008 to 2018, the total amount deposited in HSAs rose from $5.3
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Insperity
MAY 13, 2013
Since the financial crisis of 2008, workers have become more aware and concerned about saving for retirement. As a result, employer-sponsored retirement plans are no longer an enticing perk, they’re an expectation. They want a plan they can brag about. Here are three retirement plan features that will excite employees and candidates.
Business Management Daily
OCTOBER 15, 2020
In fact, 57% of survey respondents will make no changes whatsoever to the cost of their health plans in 2021. In 2008, many employers trimmed health benefits to save money. Other benefits sparking renewed interest include pre-tax health savings accounts, vision insurance and access to financial planning tools.
WEX Inc.
NOVEMBER 19, 2024
Health savings account (HSA) eligibility is determined on an individual basis. If the employee is enrolled in a qualifying high-deductible health plan (HDHP) , does not have any disqualifying coverage, and cannot be claimed as another’s tax dependent, the employee is eligible to contribute to an HSA.
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