Genesis HR Solutions

SEPTEMBER 21, 2021

As one of the most expensive aspects of running a small business, health insurance is top of mind for many employers. What is the best way to provide insurance? Should you provide insurance at all? Why Health Insurance For Small Businesses Matters. Health Insurance For Small Business Owners: 4 Options.

Health Insurance 52

Health Insurance Insurance 401(k) Insurance Carriers 52

Higginbotham

JANUARY 27, 2023

Although some small business owners may feel overwhelmed by the prospect of offering health insurance and other benefits, the many advantages can make the effort worthwhile. ALEs are subject to certain health care reporting requirements. However, many small employers decide to offer health insurance anyway.

Health Insurance 52

Health Insurance Insurance Benefits Package Out of Pocket Cost 52

Higginbotham

FEBRUARY 21, 2023

You’re reading your health insurance policy and come across a coinsurance clause. Here’s what you need to know about this common insurance term. It is used in different types of insurance policies, including health insurance and property insurance, but it works a little differently depending on the type of insurance.

Health Insurance 52

Health Insurance Out of Pocket Cost Insurance Deductions 52

InterWest Insurance Services

MARCH 4, 2022

As rising health insurance premiums and out-of-pocket costs for health care are burdening workers, more employers are looking for ways to help their staff put aside money for those expenses. Fortunately, there is another option: a health reimbursement arrangement (HRA). Qualified medical expenses. How HRAs work.

Medical 95

Medical Health Insurance Out of Pocket Cost Deductible 95

PeopleKeep

APRIL 30, 2020

There are a few different types of medical reimbursement plans including: Health Reimbursement Arrangements (HRAs), Healthcare Reimbursement Plans (HRPs), Health Savings Accounts (HSAs), and Health Flexible Spending Accounts (FSAs). Medical reimbursement plans can be used alongside a group health insurance plan.

Medical 72

Medical Flexible Spending Account Health Savings Account Health Insurance 72

Corporate Synergies

FEBRUARY 11, 2019

A new father outlines requirements with his Baby Health Insurance Playbook. The same can be said for insuring a new dependent. To plan for newborn healthcare benefits, parents need a baby health insurance playbook. The Baby Health Insurance Playbook isn’t really a book. As Seen In.

Health Insurance 47

Health Insurance Insurance Insurance Carriers Out of Pocket Cost 47

HR Lineup

OCTOBER 21, 2024

Health Insurance Associate (HIA) The Health Insurance Associate (HIA) certification is offered by America’s Health Insurance Plans (AHIP). It focuses on the fundamentals of health insurance, making it highly relevant for benefits professionals responsible for health and wellness programs.

401(k) 65

401(k) Employee Benefits Retirement Plan Health Savings Account 65

Genesis HR Solutions

SEPTEMBER 22, 2020

Vision insurance is designed to help your employees cover and budget for ongoing vision care expenses like routine eye exams, prescription glasses, and contact lenses. Flexible Spending Account (FSA). Hospital Insurance. Hospital insurance is health insurance for hospital costs. Life Insurance.

401(k) 98

401(k) Employee Benefits roth 401(k) Disability Insurance 98

InterWest Insurance Services

MARCH 22, 2022

Options can include: Health insurance, Voluntary benefits premiums (like vision and dental), Life insurance, 401(k), and. Flexible spending account. Call us for more information on how you can set up a flexible benefit plan for your staff. Flexible spending accounts.

Flexible Spending Account 85

Flexible Spending Account 401(k) Flexible Spending Deductible 85

Insperity

MAY 13, 2015

If you’re shopping for group health insurance for your company the first or second time around, it can be hard to make a confident choice. Not to mention, the Affordable Care Act (ACA) has changed the group health insurance market considerably. High-deductible health plans.

Health Insurance 43

Health Insurance Insurance Out of Pocket Cost Health Savings Account 43

Higginbotham

OCTOBER 5, 2023

In today’s increasingly competitive job market, offering a basic health insurance package is no longer enough to attract and retain top talent. The Evolution of Employee Benefits Employee benefits have come a long way since the days of basic health insurance coverage with a savings retirement plan thrown in.

Health Insurance 52

Health Insurance Employee Benefits Insurance 401(k) 52

Insperity

MAY 27, 2013

Don’t offer health insurance to your employees. Under health care reform, you don’t have to offer health insurance to your employees. If you have fewer than 50 employees, you are not subject to the Play or Pay rules, so there is no penalty for not offering health insurance.

Health Insurance 40

Health Insurance Insurance Insurance Carriers Flexible Spending Account 40

The Olson Group

DECEMBER 9, 2021

These include a Summary of Benefits and Coverage (SBC), privacy practices on personal health information (HIPPA), the Children’s Health Insurance Program Reauthorization Act on Health Coverage assistance (CHIPRA), Women’s Health and Cancer Rights Act (WHCRA), and COBRA General Rights and Election Notices.

Family and Medical Leave Act 98

Family and Medical Leave Act Flexible Spending Account Flexible Spending Health Insurance 98

InterWest Insurance Services

JULY 4, 2024

The average employer covers 78% of their employees’ health insurance premiums, up from 74% in 2022. Participation in HSAs and flexible spending accounts fell 20% from 2022 to 2024, indicating that employers are not doing enough to educate their staff about these tax-advantaged accounts.

Voluntary Benefits 88

Voluntary Benefits Flexible Spending Account Deductible Deductions 88

InterWest Insurance Services

JULY 20, 2022

To help these new recruits get the most out of the benefits you offer, you can start by focusing on the following: School them on health insurance. To many new Gen Z recruits, signing up for health insurance and actually using their benefits is a foreign concept.

Education 96

Education 401(k) Deductions Deductible 96

Health Consultants Group

OCTOBER 1, 2021

Flexible work options. Employees still want traditional options such as retirement plans, educational assistance, and health insurance. Accident and Health Benefits . Group-term life insurance . Health Savings Accounts. Flexible Spending Accounts: funded by salary reduction. Adoption Benefits.

Employee Benefits 86

Employee Benefits Family and Medical Leave Act Flexible Spending Account Health Savings Account 86

WEX Inc.

SEPTEMBER 14, 2023

When approaching open enrollment, do … Evaluate available health insurance plans. Increasingly, employers are offering their employees both HSA-eligible health plans (or high-deductible health plans ) and traditional health plans. The “daily grind” can often get in the way of the big picture, but don’t let it!

401(k) 98

401(k) Health Savings Account Flexible Spending Account Healthcare 98

Insperity

OCTOBER 31, 2017

From employer-sponsored health insurance to retirement savings plans, an attractive benefits package can help you hire the best employees and ensure you retain them for many years to come. In most companies, employees can change some benefits, especially health insurance, only during an annual open enrollment period.

Out of Pocket Cost 84

Out of Pocket Cost Disability Insurance Health Insurance Flexible Spending Account 84

WEX Inc.

AUGUST 15, 2023

Whether you're transitioning from your parents' insurance, landed your first full-time job, or are simply obtaining coverage for the first time, choosing health plans and employee benefits options can be overwhelming. For starters, let’s look at a few considerations when evaluating health plans for the first time.

Deductions 98

Deductions Deductible Healthcare Flexible Spending Account 98

InterWest Insurance Services

SEPTEMBER 23, 2024

They have three specific flexible benefits for your employees to choose from: Pre-tax health insurance premium deductions Premium-only plans allow your employees to elect to withhold a portion of their pre-tax salary to pay for their portion of the premium contribution to their employer-sponsored plan.

Flexible Spending Account 79

Flexible Spending Account Benefits Package Deductible Deductions 79

InterWest Insurance Services

NOVEMBER 25, 2022

The IRS has released the 2023 maximum contribution amounts for health savings accounts and flexible spending accounts. To qualify, the health insurance plan must have a minimum deductible of: $1,500 for self-only coverage (up $100 from 2022); or. 7,750 for family coverage (up $450).

401(k) 93

401(k) Deductions Deductible Flexible Spending Account 93

Business Management Daily

NOVEMBER 15, 2021

Flexible Spending Accounts allow employees to set aside pre-tax dollars from their paycheck to use for medical or dependent care expenses. While flexible spending accounts are typically associated with medical costs there are a couple of different types of FSAs. Health insurance premiums including COBRA premiums.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Medical Healthcare 98

PeopleKeep

DECEMBER 9, 2020

As leadership teams evaluate small business health insurance options , many want to know how they can reimburse employees tax-free for medical expenses.

Medical 98

Medical Health Insurance Taxes Insurance 98

Best Money Moves

JULY 8, 2020

3 Health Insurance Benefits. 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.

Employee Benefits 111

Employee Benefits Out of Pocket Cost Flexible Spending Account Health Insurance 111

Best Money Moves

OCTOBER 13, 2023

Common incentives for participation include cash bonuses, reducing contributions towards health insurance and providing a flexible spending account. Some employees may be dissuaded or nervous in volunteering in a program like this.

Employee Wellness 105

Employee Wellness Flexible Spending Account Flexible Spending Health Insurance 105

Benefit Resource Inc.

JANUARY 16, 2024

Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) are two of the most effective instruments for optimizing health savings and financial flexibility for both employers and employees among the different components of a comprehensive benefits strategy.

Benefits Package 52

Benefits Package Flexible Spending Account Health Savings Account Flexible Spending 52

InterWest Insurance Services

NOVEMBER 11, 2024

It’s almost time for year-end small group open enrollment and you need to drive engagement so that your employees can make informed decisions about their health insurance options. We want to help you help your employees understand all of their options so that they can purchase a plan that is appropriate for their situation.

Flexible Spending Account 86

Flexible Spending Account Pharmaceutical Health Savings Account Flexible Spending 86

WEX Inc.

DECEMBER 18, 2024

Flexible spending accounts (FSA) Flexible spending accounts (FSAs) offer a valuable tax-advantaged benefit, but the IRS use-or-lose rule can result in forfeited funds if employees dont use their balances by the deadline. Key dates February 28, 2025: Paper filing deadline for 1095-C forms.

Family and Medical Leave Act 52

Family and Medical Leave Act Flexible Spending Account Flexible Spending Insurance Carriers 52

Winston Benefits

JULY 5, 2017

Consumer-driven health plans can play a robust role in your health program strategy. These low-premium, high-deductible health insurance plans can help control employer costs and put more control in the hands of employees.

Health Savings Account 56

Health Savings Account Employment Flexible Spending Health Insurance 56

HR Lineup

MAY 9, 2023

One of the most significant employee benefits that Pazcare offers is health insurance. Health insurance is an essential component of employee benefits, and Pazcare recognizes the importance of it. In addition to health insurance and retirement savings plans, Pazcare also offers flexible spending accounts (FSAs).

401(k) 52

401(k) Flexible Spending Account Health Insurance PTO 52

Best Money Moves

MAY 9, 2018

Flexible spending accounts (FSA) and health savings accounts (HSA) help employees prepare and pay for healthcare expenses. Self-Funded Health Insurance. Smaller employers are reducing costs, gaining plan flexibility, and keeping employees happy by self-funding health insurance.

Flexible Spending Account 58

Flexible Spending Account Health Savings Account Health Insurance Flexible Spending 58

Insperity

AUGUST 25, 2020

This can look like: Using well-known carriers for the health insurance options you sponsor Contributing to a health savings account or flexible spending account for employees Offering an employee assistance program (EAP) Matching a percentage of employee retirement plan contributions.

Employment 99

Employment PTO Flexible Spending Account Health Savings Account 99

Insperity

FEBRUARY 13, 2018

Start by offering a solid benefits package that includes a great portfolio of health insurance options to choose from. This alone can help ease some of your employees’ money concerns because they will have the opportunity to get things like medical insurance, disability, flexible spending accounts, retirement plans and more.

401(k) 75

401(k) Disability Insurance Flexible Spending Account Deductible 75

Qandle

JUNE 20, 2023

Benefits and Deductions: Collect information related to employee benefits and deductions, such as health insurance, retirement contributions, flexible spending accounts, loan repayments, or garnishments. Ensure accuracy and verify any changes or updates.

Payroll 70

Payroll Flexible Spending Account Overtime Payroll Software 70

WEX Inc.

JANUARY 4, 2023

COBRA can provide important health insurance security when you’ve experienced job loss or another qualifying event. And, if you are no longer enrolled in an HSA-eligible health plan, you can’t contribute to your HSA, but you can still spend your HSA funds at any time. Your HSA funds can be used to pay for COBRA premiums.

Employee Benefits 52

Employee Benefits Flexible Spending Account Health Savings Account Flexible Spending 52

WEX Inc.

SEPTEMBER 4, 2024

Whether you’re transitioning from your parents’ insurance, landed your first full-time job, or are simply obtaining coverage for the first time, choosing health plans and employee benefits options can be overwhelming. For starters, let’s look at a few considerations when evaluating health plans for the first time.

Deductions 52

Deductions Deductible Flexible Spending Account Healthcare 52

Business Management Daily

SEPTEMBER 22, 2021

Employees get to select a new plan for their health insurance and opt into other employee benefits for the next year. This is generally the only time health coverage changes are allowed aside from onboarding or family changes (such as marriage, divorce, or the birth of a child). It’s almost that time of year again!

Employment 90

Employment Deductible Deductions Benefit Providers 90