InterWest Insurance Services

NOVEMBER 10, 2022

One of the most difficult aspects of annual open enrollment is reaching workers who are disengaged from the process and never bother signing up for your group health plan and other benefits they could take advantage of. Also consider that one in three employees are uncertain about their ability to cover future health care expenses.

401(k) 97

401(k) Health Savings Account Health Insurance Insurance 97

Insperity

NOVEMBER 24, 2014

A side-by-side comparison of premiums, contributions and/or deductibles for each option. An explanation of any changes from the previous year and any actions your employees may need to take. From there, create a communication schedule to remind employees of the benefits enrollment period. Hold an employee meeting.

Insurance 79

Insurance Employee Enrollments Hospitality Deductible 79

Higginbotham

AUGUST 13, 2024

And, for most hospital indemnity plans, there are no deductibles, provider networks or other complications to worry about. Your employees may use their hospital indemnity insurance benefits to cover deductibles, copays, out-of-network costs and other expenses associated with a hospital stay. However, education is key.

Hospitality 52

Hospitality Insurance Voluntary Benefits Benefits Package 52

HR Professionals Magazine

APRIL 4, 2022

This means if you change an employee from hourly to salary in the ben admin platform, the payroll system would not be updated. Similarly, you’ll want to know if deduction information flows in both directions, or if it only flows from the ben admin system to the payroll system via the API.

Payroll 52

Payroll Payroll System Deductible Deductions 52

Business Management Daily

SEPTEMBER 27, 2019

An ounce of prevention may be worth a pound of cure, but up until this point, high-deductible health plans have been boxed in regarding tax-free reimbursements for most preventive care services or items. Reason: With certain exceptions, HDHPs can’t start reimbursing employees until they meet those high deductibles.

Health Savings Account 40

Health Savings Account Deductible Deductions Flexible Spending Account 40

Higginbotham

JULY 12, 2022

Employees may face uncovered costs in numerous ways: They have to pay a share of the premium for insurance. They have to pay a deductible. HSAs: These accounts are owned by the employee; so the employee can keep the account when switching jobs or retiring. Manage enrollment. HRAs are owned by the employer.

Out of Pocket Cost 52

Out of Pocket Cost Flexible Spending Account Medical Deductible 52

Winston Benefits

FEBRUARY 21, 2018

Your employees make a lot of decisions during their work day, but one of the most important decisions they’ll make comes once a year: what to do about their employee benefits. Here are some tips for helping employees make benefits decisions. Decision tools on the enrollment portal. Tools and Calculators.

Life Insurance 45

Life Insurance Employee Enrollments Deductible Deductions 45

Business Management Daily

NOVEMBER 30, 2021

The Internal Revenue Service (IRS) states that if the use of these provider cards meets certain substantiation methods, the employee may not have to provide additional information to the health FSA provider including receipts. However, employees should retain documentation for all expenses that they plan to submit to their FSA.

Retail 52

Retail Healthcare Medical Flexible Spending Account 52

HR Professionals Magazine

MAY 4, 2023

A 2022 Harris poll found that 72% of employees said “they wish someone would tell them what the best health insurance for their unique situation is.” TBX’s Benefits Genius is another intelligently designed decision support tool that is used by 87% of employees – with 85% of them electing the recommendation.

Technology 52

Technology Utilities Payroll Deductible 52

Winston Benefits

MARCH 8, 2018

How Often Do You Update Information? If employees requested more communication or decision-support tools on your enrollment portal, they might be disappointed and discouraged if they don’t see any updates. Some changes take longer than others, so the sooner you can start the process, the better. What If We Add New Benefits?

Technology 45

Technology Health Savings Account Voluntary Benefits Employee Enrollments 45

Winston Benefits

MAY 15, 2018

If you plan to use the platform to communicate with employees, make sure it can host communication materials and videos. Consider enrollment windows as well. Some benefits tech vendors also integrate with carriers to support direct billing and reimbursement, and update employee information across providers. Customization.

Technology 45

Technology Employee Enrollments Deductible Deductions 45

PeopleStrategy

NOVEMBER 12, 2019

Assessing open enrollment and employees’ overall involvement in benefit offerings should be a big part of any year-end HR checklist. Obviously you and the providers you select for your benefit offerings need to know how many employees enroll in each plan.

Overtime 56

Overtime Payroll Employee Enrollments Deductible 56

Insperity

NOVEMBER 24, 2014

A side-by-side comparison of premiums, contributions and/or deductibles for each option. An explanation of any changes from the previous year and any actions your employees may need to take. From there, create a communication schedule to remind employees of the benefits enrollment period. Hold an employee meeting.

Insurance 40

Insurance Employee Enrollments Hospitality Deductible 40

Benefit Resource Inc.

DECEMBER 10, 2021

Web pages are a great way to create a central repository of documents, information, and resources. One of the biggest time sucks for an HR department is payroll and employee benefits. The most popular options are email (used by nearly 9 out of 10 respondents) and web pages/portals (used by 75% of respondents). and so much more.

Payroll 40

Payroll Employee Enrollments Deductible Deductions 40