Remove Employee Benefits Remove Health Savings Account Remove Out of Pocket Cost
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Top 10 Employee Benefits for 2021

Best Money Moves

Top 10 employee benefits for 2021. HR trends forecast the most desired employee benefits for 2021 like financial wellness programs and flexible work arrangements. It’s time for employers to start planning their employee benefits packages for 2021. Top 10 Employee Benefits for 2021. #1

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HDHP Enrollees Less Satisfied with Their Health Plans

InterWest Insurance Services

But satisfaction greatly increases when HDHP enrollees stick with their plan for more than three years, according to the Employee Benefit Research Institute (EBRI)/Greenwald Research “Consumer Engagement in Health Care Survey.”

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Health Expenses a Major Source of Mental Health Issues for U.S. Workers

InterWest Insurance Services

The report states that the findings raise concerns about whether some employees can even afford to use their health plans. It stressed two main points: High deductibles — The report found one of the main drivers of stress was high deductibles and other out-of-pocket costs.

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16+ types of employee benefits you should consider

Genesis HR Solutions

At the end of this article, we’ll explain how a professional employer organization (PEO) can help you select, negotiate, and administer best possible benefits for your company. 16+ types of employee benefits you should consider. Health Savings Account (HSA). Documenting employee benefit elections.

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Waiving HDHP Deductibles Has Little Effect on Premiums, Study Says

InterWest Insurance Services

Employers who offer health savings account-eligible high-deductible health plans (HDHPs) to employees can significantly expand pre-deductible coverage for certain drugs used to manage chronic conditions — with only a tiny effect on premiums.

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16 Surprising FSA and HSA Eligible Expenses Your Employees Should Know About

InterWest Insurance Services

Employers offer flexible savings accounts and health savings accounts to their employees so they can build up funds with pre-tax dollars to pay for health care and related expenses. However, employees often are unaware of the myriad of goods and services they can spend their funds on.

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Smallest Firms See Largest Health Insurance Hikes

InterWest Insurance Services

While high-deductible health plan (HDHP) enrollment grew at an astounding 68% between 2021 and 2022, they only accounted for 6% of group health plan enrollment. Deductibles can be added to the plan to manage premium costs. Coverage can often be configured to be compatible with HDHPs using health savings accounts.