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How to lower employee stress about health insurance

Insperity

Health insurance is often the biggest-ticket item in any company’s benefits package, and the cost of health insurance rises on average each year , historically. Companies spend a lot of money, time and effort to make their benefits competitive and provide quality group health insurance plans to employees.

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Are Level Funded Health Plans Your New Benefits Alternative?

PeopleStrategy

They are a hybrid approach to providing healthcare coverage that combines elements of traditional fully-insured plans with those of self-funded plans. With a level funded plan, your business pays a fixed monthly amount (a level fee, similar to a premium) to an insurance carrier or third-party administrator.

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Wondering how to choose a professional employer organization (PEO)? Ask 7 questions

Insperity

As a co-employer, the PEO you choose will ultimately take responsibility for payroll processing, providing workers’ compensation insurance coverage, providing an employee benefits package and a host of other sensitive human resources (HR) and administrative tasks.

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8 Considerations When Selecting a Professional Employer Organization

Insperity

They can tell you whether they have access to multiple insurance carriers and networks that would accommodate that growth. Self-funded plans will often hire TPAs, or third-party administrators, to handle the plan administration functions an insurer would typically handle under a fully insured plan, such as the payment of claims.

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PEO vs. HRO: Which Is Better?

Genesis HR Solutions

Partnering with PEO companies allows businesses of all sizes to outsource almost all of their human resource functions, share employment liability, and, oftentimes, gain economies of scale to bring an improved benefits package to employees. Download Everything You Need To Know About PEOs ! PEOs get volume pricing for benefits.

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ASO vs. PEO: What’s the difference?

Genesis HR Solutions

A professional employer organization (PEO) allows a business to outsource many of its human resource functions, share employment liability, and, oftentimes, gain economies of scale to bring an improved benefits package to employees. Download Everything You Need To Know About PEOs! ASO vs. PEO: How are they different?

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Why employee wellness matters – and how it’s good for business

Insperity

Emphasize wellness in benefits offerings Most standard benefits packages include things like health insurance, a 401(k) retirement plan and PTO. Consider a wider range of benefits that go a step further in addressing employee wellness. This impacts the vast majority of employees.