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People over perks: Bridging employee benefits with strong HR

Insperity

Add health savings accounts and flexible spending accounts. Provide coverage for mental health care services. Incorporate plans with virtual care solutions (telehealth appointments) to give employees time savings and convenience when seeking care.

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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. Absenteeism. Illness-related presenteeism. Cost of temporary workers.

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Your 2025 benefits compliance checklist: What you need to know

WEX Inc.

ACA reporting deadlines The Affordable Care Act (ACA) mandates that employers file reports annually with the IRS and distribute 1095-C forms to employees. The IRS requires this testing for Section 125 plans, HRAs, FSAs, and self-insured medical plans. Act updates) The SECURE 2.0 Retirement plan compliance (SECURE 2.0

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Employers Use Variety of Strategies to Provide Competitive and Cost-Effective Health Care Benefits

InterWest Insurance Services

A recent report from insurance brokerage Gallagher shows businesses are balancing workers’ physical and emotional health against ever-rising costs. There are many cost drivers in health care and insurers and employers are in a fine balancing act of trying to keep a lid on costs and also keeping their employees happy.

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The impact of Dobbs on employer provided healthcare

Business Management Daily

Group health plans are the natural place to start when thinking about reimbursing expenses related to female employees’ family planning decisions. A welter of laws cover group health plans and in all probability, you won’t be able to navigate this landscape by yourself. What is medical care? Which law applies?

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Reconsidering your employee benefits priorities

Health Consultants Group

Whether their families battled the virus or not, they have all endured a life-changing event. After a year of unprecedented medical and personal experiences, employees can easily detect holes in their benefits plans. Healthcare, including mental health, telemedicine services, and wellness. Health Savings Accounts.

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Budgeting and Prepping for Open Enrollment

InterWest Insurance Services

For 2024, for a plan to qualify as an HDHP the deductible must be at least $1,400 for an individual and $2,800 for a family. These plans usually have an attached health savings account to which your workers can transfer funds pre-tax from their paychecks to use for paying deductibles, copays and other medical expenses.