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GoCo

HR Lineup

The platform streamlines HR processes and benefits administration by offering a single, centralized platform for employees to access and manage their benefits, from health insurance and retirement plans to time-off tracking and more. One of the key benefits of GoCo is its ease of use.

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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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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. It is not legal, financial, or tax advice.

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2022 Health Insurance Outlook, Changes

InterWest Insurance Services

As we enter 2022, there are a number of changes on the horizon that plan sponsors need to be aware of as they will affect group health plans as well as employees enrolled in those plans. Some of the changes concern temporary rules that were implemented during the COVID-19 pandemic. That’s a change from the prior threshold of 250.

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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 flexible spending accounts.

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HR Professionals… What’s Your Problem?

Benefit Resource Inc.

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). Employees can use two tax-advantaged accounts to cover many primary eligible expenses.

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Executive benefit reimbursement plans

Higginbotham

In the simplest terms, a medical expense reimbursement plan refunds employees for covered medical costs. If an employee or a member of the employee’s family experiences a medical emergency, the costs can add up quickly. Make sure employees know about the plan and remind them to use their benefits. Manage enrollment.