Remove Employee Enrollments Remove Flexible Spending Account Remove Health Savings Account
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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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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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FSAs, HSAs, HRAs: What employers need to understand

Business Management Daily

Almost all health plans offer add-on accountshealth 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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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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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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Help Employees Understand the HSA Value Proposition

Corporate Synergies

Educate employees on how to use these funds for current and future healthcare expenses. Health savings accounts can be a good deal for employees. Employers that have gone the HDHP route typically offer a qualified plan that includes a health savings account to help pay for qualifying medical expenses tax-free.

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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.