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From deductibles to wellness: Why benefits options matter

WEX Inc.

Smaller employers may face challenges in providing these options, although participants have said they are interested in these health plan choices. More dental and vision Among employers with benefits administration through WEX , 68% of eligible employees enrolled in vision and 77% of eligible employees enrolled in dental.

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

Higginbotham

Are you offering your employees health insurance options that work for their budgets? 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.

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FSAs, HSAs, HRAs: What employers need to understand

Business Management Daily

Almost all health plans offer add-on accounts — health flexible spending accounts, health savings accounts, or health reimbursement accounts. You need to know how these accounts differ so you can communicate about them to employees. Health savings accounts.

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6 Key HSA Benefits to Communicate to Employees

Flimp Communications

Health savings accounts (HSAs) are amazing tools for addressing the triple pillars of modern anxiety: money, health, and uncertainty about the future. Their tax advantages and investment potential can help employees reduce healthcare costs, save for retirement, and maximize tax refunds.

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FSA eligible expenses — what purchases count?

Business Management Daily

Open enrollment is underway for many companies right now and one benefits offering that may be on the menu this year is an FSA. Flexible Spending Accounts allow employees to set aside pre-tax dollars from their paycheck to use for medical or dependent care expenses. Wherever you fall, we have answers for you.

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HR Professionals… What’s Your Problem?

Benefit Resource Inc.

As a result, more than 55% of Americans were enrolled in HDHPs in 2021, a new record. Of those, more than seven in ten employers (71 percent) also offer a health savings account with employer funding. An additional tool can be pairing an HSA-HDHP with a Limited Flexible Spending Account (or Limited FSA).

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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. The lifestyle spending account benefits vary from employer to employer but they all have the freedom to set a range of categories where the funds in the account can be spent.