article thumbnail

4 considerations when choosing employee benefits for the first time

WEX Inc.

In the second blog post in our three-part series to educate first-time participants, we walk through a few factors you should consider when choosing among employee benefits accounts for the first time. Click here for the first blog post in our series on choosing a health plan for the first time.

article thumbnail

What Companies Should Know Before Offering Employee Life Insurance

Pacific Prime

Companies offering employee life insurance as part of their employee benefits package is an excellent talent retention strategy. A life insurance policy will help protect the employees’ dependents from financial pressure when meeting outgoing expenses in the event of the former’s untimely passing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Voluntary benefits: A guide for your first-time enrollees

WEX Inc.

In the final blog post of our three-part series to educate first-time participants, we explore all the unknown voluntary benefits terms and bring clarity of information to first-time participants. Check out our other first-timer series blog posts on health plans and employee benefits. They can genuinely improve your quality of life.

article thumbnail

What Workers Need to Know About Group Life Insurance

InterWest Insurance Services

Voluntary group life insurance is offered to employees as an optional benefit, and often employers will pay the small premium as an employee retention tool and to provide workers some peace of mind for their families. Internal Revenue Code Section 79 governs the taxation of this employer-provided life insurance.

article thumbnail

Parsing MHPAEA Claims Under the Proposed Rule: E.W. v. Health Net Life Insurance Company

McDermott Will & Emery Employee Benefits

Health Net Life Insurance Company appeared first on EMPLOYEE BENEFITS BLOG. The proposed regulations were issued earlier this year by the US Departments of Labor, Health and Human Services and the Treasury (the Departments). Our previous MHPAEA content is […] The post Parsing MHPAEA Claims Under the Proposed Rule: E.W.

article thumbnail

Are Your Benefits Enough to See Employees Through a Crisis?

InterWest Insurance Services

Over 80% of middle-market respondents report that they got their health insurance, disability insurance and retirement plan all through their employer. Meanwhile, six in 10 have no life insurance in place outside of the workplace. Are life insurance benefits adequate?

article thumbnail

The MHPAEA Proposed Rule: Scalability and the Plight of the Small(er) Self-Funded Plan

McDermott Will & Emery Employee Benefits

Health Net Life Insurance Company, we return to our examination of the comments submitted in response to the proposed regulations under the Mental Health Parity and Addiction Equity Act (MHPAEA).