Benefit Resource Inc.

JUNE 29, 2021

Within the pre-tax benefit space, your work is cut out for you as a human resource professional. Now that you’ve explained (again) how insurance works, you get to begin the real work of teaching employees the difference between Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs).

401(k) 78

401(k) Deductible Deductions Flexible Spending Account 78

Benefit Resource Inc.

FEBRUARY 7, 2024

A key player in the balance between health and wealth is the health savings account (HSA). Understanding HSAs Health Savings Accounts are tax-advantaged savings accounts designed to help individuals and families with high-deductible health plans (HDHPs) cover medical expenses.

Health Savings Account 52

Health Savings Account Healthcare Deductible Deductions 52

Benefit Resource Inc.

FEBRUARY 24, 2022

Priorities for Human Resources & Employee Benefits. Still, Human Resources can be on the front lines in providing better systems that alleviate stress, add value, etc., The Secret to Succeeding in Human Resources. Fill out the form to the right to download our eBook.

Out of Pocket Cost 75

Out of Pocket Cost Benefits Package Human Resources Health Savings Account 75

CorpStrat

JANUARY 17, 2023

The following commonly offered Employee Benefits are subject to these limits: High deductible health plans (HDHPs) and health savings accounts (HSAs). Health flexible spending accounts (FSAs). HDHP limits for minimum deductibles and out-of-pocket maximums. Health FSA pre-tax contribution limit.

401(k) 52

401(k) Employee Benefits Flexible Spending Account Health Savings Account 52

Genesis HR Solutions

MAY 2, 2023

This cheat sheet explains several common human resource acronyms. This cheat sheet explains several common human resource acronyms. Or maybe you’re not sure about the difference between FMLA, FSA, and FLSA. For employers and employees, there are myriad HR terms to know and understand.

Family and Medical Leave Act 52

Family and Medical Leave Act 401(k) Flexible Spending Account Health Savings Account 52

Genesis HR Solutions

SEPTEMBER 22, 2020

Health Savings Account (HSA). Sometimes referred to in the same conversation as an FSA, an HSA is a savings account that lets employees set aside money on a pre-tax basis to pay for qualified medical expenses. An HSA can be used only if employees have a qualified High Deductible Health Plan (HDHP).

401(k) 98

401(k) Employee Benefits roth 401(k) Disability Insurance 98

HR Professionals Magazine

AUGUST 1, 2023

With over 4,000 respondents, the Society for Human Resource Management’s 2023 Employee Benefits Survey found that the number of employers offering family support and leave benefits has significantly increased since 2022. Among health care coverage options, preferred provider organizations remained the most common (82%).

Parental Leave 52

Parental Leave Flexible Spending Account Health Savings Account Flexible Spending 52

Business Management Daily

SEPTEMBER 7, 2018

As you evaluate your health insurance options for the upcoming year, consider whether to offer high-deductible health plans, coupled with health savings accounts. They can save big bucks for employers and employees alike.

Health Savings Account 45

Health Savings Account Health Insurance Deductions Deductible 45

Empuls

AUGUST 27, 2024

Ways to improve employee satisfaction Key options of benefits for employees to improve employee satisfaction and best human resource practices: Health insurance: Good health of the employees is not possible without comprehensive health insurance.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits 401(k) Benefits Package 40

Flimp Communications

OCTOBER 18, 2019

The study also showed 11% have moved some of their employees to high-deductible health plans (HDHPs) with health savings accounts (HSAs). Some of them need low deductibles and high premiums because of existing medical conditions. HDHPs won’t work for all your employees.

Government 56

Government Recruitment Health Savings Account Deductible 56

Benefit Resource Inc.

DECEMBER 30, 2021

This is where many Human Resources professionals find themselves these days as they try to navigate alterations to their benefits and the effects of new and expiring legislation. Limits for Health Savings Accounts (HSAs) were released earlier this year. Pre-tax Account Limits for 2022. Up from $270/mo.

Health Savings Account 40

Health Savings Account Deductible Deductions Flexible Spending Account 40

Insperity

MARCH 12, 2024

Flexible spending accounts (FSAs) and health savings accounts (HSAs) HSAs and FSAs can help employees better prepare for medical expenses and, in the case of HSAs, even help employees enhance their retirement savings. per hour, per employee, to provide health insurance to their workforce (as of December 2023).

Family and Medical Leave Act 59

Family and Medical Leave Act Employee Benefits PTO 401(k) 59

Business Management Daily

SEPTEMBER 15, 2021

Employers looking to impress with their employee benefits package go beyond this basic level of health benefits. Medical plans with no or low-cost deductibles. What an employer must offer in terms of worker’s compensation and disability varies by state, so human resources should keep tabs on requirements.

Benefits Package 52

Benefits Package Family and Medical Leave Act Health Insurance PTO 52

Genesis HR Solutions

MAY 23, 2023

Health Savings Account (HSA): An HSA is a savings account that lets employees set aside money on a pre-tax basis to pay for qualified medical expenses. Using untaxed dollars in an HSA to pay for deductibles, copayments, coinsurance, and some other expenses can lower overall health care costs.

Insurance 40

Insurance PTO Human Resources Flexible Spending 40

Genesis HR Solutions

AUGUST 9, 2018

Tax-preferred plans: Health flexible spending accounts, health savings accounts, health reimbursement accounts, transportation accounts, and more. Deductions must be set up in payroll and carrier invoices must be paid each month. How much of an employee’s salary is made up of benefits.

Employee Benefits 40

Employee Benefits 401(k) Health Insurance Insurance Carriers 40

Empuls

JULY 16, 2024

Wellness incentives recognize the multifaceted nature of employee health and create a culture that prioritizes well-being.    The rewards themselves can be diverse, ranging from reduced healthcare premiums to contributions to health savings accounts, gym memberships, or even cash bonuses.

Food 52

Food Health Savings Account Health Insurance Bonuses 52

InterWest Insurance Services

SEPTEMBER 27, 2023

Employees have a right to understand the costs they’ll be facing in each plan, including: Their share of the premium, Their deductible, Their copays or coinsurance, and Other out-of-pocket expenses. The lower the premium on the plan, the higher the deductibles and copays. Get an early start If your plan year starts Jan.

Out of Pocket Cost 93

Out of Pocket Cost Flexible Spending Account Health Savings Account Health Insurance 93

Higginbotham

OCTOBER 13, 2023

Alternatively, the employer may provide a special debit card that the employee can use to access the account. According to the Society for Human Resource Management (SHRM), Lifestyle Spending Accounts are more common in Canada, but they’re starting to receive attention in the U.S., However, there’s a catch.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Taxes 52

InterWest Insurance Services

MAY 23, 2022

By keeping your staff informed of developments like these, they can save money and take advantage of this benefit more fully. It’s important that you communicate benefit developments to your staff, and that requires that your human resources or benefits team stays on top of changes. Here’s how: Be proactive.

Education 98

Education Health Insurance Health Savings Account Insurance 98