Remove Employee Benefits Remove Employee Enrollments Remove Flexible Spending Account
article thumbnail

GoCo

HR Lineup

GoCo is a platform that offers a comprehensive suite of employee benefits solutions to businesses of all sizes. One of the key benefits of GoCo is its ease of use. GoCo also offers a wide range of employee benefits options, including health, dental, and vision insurance, as well as a range of wellness programs and resources.

article thumbnail

From deductibles to wellness: Why benefits options matter

WEX Inc.

HSA or FSA options Similar to the choice in health plans, many participants told us in the survey that they wanted to choose between either a health savings account (HSA) or a flexible spending account (FSA). However, not all employees are offered these benefits.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Executive benefit reimbursement plans

Higginbotham

If an employee or a member of the employee’s family experiences a medical emergency, the costs can add up quickly. HRAs may sound like Health Savings Accounts (HSAs) or Flexible Spending Accounts (FSAs), but there are key differences. Manage enrollment. Learn more about our employee benefits services.

article thumbnail

What is a High-Deductible Health Plan (HDHP)?

Higginbotham

While not ideal for everyone, a high-deductible health plan can be very appealing to some workers, especially when it’s paired with a health savings account. Offering a high-deductible health plan as part of an employee benefits package, therefore, may be a strategic option for your organization.

article thumbnail

Benefits for One, Benefits for All: Understanding Lifestyle Spending Accounts

HR Digest

If you’re unfamiliar with the concept of a lifestyle spending account you’re not alone in your confusion. Only employees enrolled in the HDHP can benefit from the HSA, making it a more complicated program to follow. HSAs can be funded by both employer and employee.

article thumbnail

HDHPs can cover more preventive services

Business Management Daily

And those dollar amounts may discourage employees from signing on. To temper an HDHP’s bite, they can be paired with health savings accounts. Advantage: Employees can contribute more on a pretax basis than they can put into flexible spending accounts. Employees with HDHPs more engaged in their care.

article thumbnail

FSA receipt requirements: What you need to document

Business Management Daily

Flexible spending accounts (FSAs) are employer-established accounts that allow you to put aside pre-tax dollars from your paycheck into a special account to be used for eligible health or dependent care expenses.

Retail 52