Remove Flexible Spending Account Remove Healthcare Remove Out of Pocket Cost
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Election year impact: What’s next for employee benefits?

WEX Inc.

With political campaigns often influencing policy proposals from healthcare to retirement plans, this episode dives into what employers and professionals can expect and how they can prepare for potential changes. Keep reading and check out our podcast episode below to learn more. Current election cycle: What’s on the table?

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FSA eligible expenses — what purchases count?

Business Management Daily

Flexible Spending Accounts allow employees to set aside pre-tax dollars from their paycheck to use for medical or dependent care expenses. These funds are placed in an FSA account that employees can use to pay for eligible expenses. Here is what you need to know to figure out if an expense is FSA eligible.

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Spring Cleaning with Your Eligible Expenses

Benefit Resource Inc.

While dusting, vacuuming, and packing away winter clothes may be on the top of your spring cleaning list, have you considered reviewing your eligible expenses and utilizing your Flexible Spending Account (FSA)? While doing your spring cleaning, don’t forget to look at your FSA.

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Top 10 Employee Benefits for 2021

Best Money Moves

Employers who don’t offer health insurance might want to reconsider and employers who do should audit their healthcare offerings to determine the out of pocket costs of deductibles, prescriptions, copays and then work with benefits brokers to provide better coverage. . 4 Paid Time Off.

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16+ types of employee benefits you should consider

Genesis HR Solutions

Flexible Spending Account (FSA). According to Healthcare.gov , a Flexible Spending Account (also known as a flexible spending arrangement) is a special account employees put money into that they use to pay for certain out-of-pocket health care costs. UHC.com ).

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5 Things You Didn’t Know About Your FSA

CorpStrat

One of the biggest financial challenges people in the US are facing is whether or not they’re able to afford healthcare. Healthcare costs have risen faster than inflation. In 2023, having some money set aside to cover these out-of-pocket costs is critical for most employees.

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3 Ways to Survive Your Company’s Benefits Enrollment

Benefit Resource Inc.

In other words, how to answer the question: “How do I make an informed healthcare decision that I won’t regret later?” Ask yourself “Do I need to worry about out-of-pocket expenses? But for those who don’t live in a daily world of healthcare jargon, what are out of pocket expenses?