Remove Bonuses Remove Health Savings Account Remove Out of Pocket Cost
article thumbnail

Examples of fringe benefits by category

Business Management Daily

Healthcare plans usually fall into the following three categories: Health Maintenance Organization (HMO) : Employees select a primary care physician (PCP) from a network of healthcare providers, then use a referral system to see a specialist. HMO plans often have lower premiums and out-of-pocket costs compared to other plans.

article thumbnail

Having a Baby? Use Your Pre-Tax Funds to Save

Benefit Resource Inc.

Even with health insurance, labor and delivery can cost around $5,000, and without insurance, it can be upwards of $40,000. Fortunately, one great way to help with out-of-pocket costs is utilizing a Health Savings Account (HSA). As a bonus, all of your gains will come out pre-tax!

Taxes 72
Insiders

Sign Up for our Newsletter

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

article thumbnail

16+ types of employee benefits you should consider

Genesis HR Solutions

Employees don’t pay taxes on this money, which means they save an amount equal to the taxes they would have paid on the money you set aside. Health Savings Account (HSA). Accident insurance helps employees pay for the medical and out-of-pocket costs that you may incur after an accidental injury.

401(k) 98
article thumbnail

8 Strategies for Successful Employee Engagement

Benefit Resource Inc.

Provide Good Benefits – Offering employee benefits such as a Health Savings Account (HSA), Flexible Spending Account (FSA), Health Reimbursement Arrangement (HRA) and commuter options can be an effective way to promote employee engagement.