WEX Inc.

MAY 2, 2024

Health reimbursement arrangements (HRAs) and health savings accounts (HSAs) are great tools for you and your employees to save money, and for your employees to prepare for potential medical expenses. For employers, HRAs or HSAs come with perks, including tax savings and increased employee retention.

Health Savings Account 98

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

WEX Inc.

NOVEMBER 27, 2024

You must be enrolled in an HDHP to be eligible to participate in a health savings account (HSA). PPOs are a common type of traditional health plan. ” Costs are more manageable when you use providers that are in your plan’s network. What’s a PPO?

Deductible 52

Deductible Deductions Health Savings Account Flexible Spending Account 52

WEX Inc.

SEPTEMBER 24, 2024

And check out our Benefits podcast episode with Bridgit Moszer, regional sales director, direct sales at WEX and Jessica Shawn, senior manager, HR business partner at WEX, below. LSAs Lifestyle spending accounts (LSAs) can be customized by you to cover your employees’ pet-related expenses.

Recruitment 52

Recruitment Flexible Spending Account Health Savings Account Medical 52

WEX Inc.

OCTOBER 9, 2024

Health savings accounts (HSAs) and flexible spending accounts (FSAs) are often misunderstood, despite their significant financial advantages. It’s time to clarify the ins and outs of these tax-saving healthcare accounts and answer some HSA and FSA FAQs.

Flexible Spending Account 95

Flexible Spending Account Health Savings Account Flexible Spending Taxes 95

Benefit Resource Inc.

JANUARY 16, 2020

While decision support tools will be growing in prominence, the job projections for HR Managers over the next 8 years is 7%. (As Incorporating lifestyle components into pre-tax accounts. So, how will this affect tax advantaged accounts like Flexible Spending Accounts and Health Reimbursement Accounts?

Health Savings Account 73

Health Savings Account Flexible Spending Account Flexible Spending Taxes 73

Benefit Resource Inc.

NOVEMBER 6, 2023

Mental Health Resources: Ensure employees have access to mental health resources and counseling services to help manage the emotional challenges of the season. Leverage Pre-tax Benefits Pre-tax benefits are a valuable tool for promoting employee health and wellness during the winter months.

Flexible Spending Account 90

Flexible Spending Account Flexible Spending Health Savings Account Food 90

InterWest Insurance Services

NOVEMBER 11, 2024

This is especially true if you are making changes to cost-sharing, introducing new plans, introducing a wellness plan or health savings accounts or flexible spending accounts. Communicate effectively Your task is to get employees out of cruise control and truly assess all of their options.

Flexible Spending Account 96

Flexible Spending Account Pharmaceutical Health Savings Account Flexible Spending 96

Health Consultants Group

OCTOBER 1, 2021

The Society for Human Resource Management, a national human resources employee organization, asks this question each year. Accident and Health Benefits . Health Savings Accounts. Flexible Spending Accounts: funded by salary reduction. What do employees want? Adoption Benefits. Dependent Care .

Employee Benefits 86

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

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. These funds are placed in an FSA account that employees can use to pay for eligible expenses. appeared first on Business Management Daily. Types of FSA Plans. Healthcare FSA.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Medical Healthcare 98

Benefit Resource Inc.

JUNE 4, 2019

Both IVF and insulin treatments are considered eligible expenses under pre-tax benefit accounts. Through an account like a Flexible Spending Account or Health Savings Account (or Health Reimbursement Account, depending on the employer), the exorbitant expense of IVF and insulin are made somewhat more manageable.

Flexible Spending Account 85

Flexible Spending Account Flexible Spending Health Savings Account Insurance 85

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. While health savings accounts have grown in popularity, you can only offer them to employees who are enrolled in high-deductible health plans.

Medical 98

Medical Health Insurance Out of Pocket Cost Deductible 98

Griffin Benefits

MARCH 16, 2022

Health Savings Accounts, Flexible Spending Accounts, and supplemental medical plans like accident, critical illness, and hospital indemnity insurance can be critical to help pay for out-of-pocket medical costs.

Flexible Spending Account 89

Flexible Spending Account Retirement Plan Health Savings Account Voluntary Benefits 89

InterWest Insurance Services

JULY 20, 2022

The freebies — Under the Affordable Care Act, health plans are required to cover a list of 10 essential services, particularly preventative procedures like colonoscopies. Most students in the U.S.

Education 98

Education 401(k) Deductible Deductions 98

Business Management Daily

DECEMBER 1, 2019

Best practice: List all benefits and deductions to determine whether they’re impacted: Medical, dental, life, vision, group-term life insurance, long-term disability, dependent care, flexible spending accounts and health savings accounts. Accruals for vacation and sick pay. The post Leap year!

Payroll 83

Payroll 401(k) Deductible Deductions 83

Benefit Resource Inc.

JANUARY 5, 2021

If you are looking for a new way to manage your benefits this year, you might enjoy building it around an approach that factors in your existing organizational habits and your personality. Step one is going to be ditching paper account statements for electronic documents. It’s your secure account management center.

401(k) 64

401(k) Health Savings Account Management Taxes 64

Benefit Resource Inc.

FEBRUARY 28, 2023

When it comes to managing the health and well-being of employees, employers must understand what’s best for both their organization and individuals.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Benefits Package 52

Business Management Daily

SEPTEMBER 9, 2021

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.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Employment Flexible Spending 52

Benefit Resource Inc.

MARCH 28, 2024

Pre-tax benefits are a powerful tool for saving money and maximizing your income. From flexible spending accounts (FSAs) to health savings accounts (HSAs) and commuter benefits, these options offer significant advantages if managed wisely.

Flexible Spending Account 52

Flexible Spending Account 401(k) Health Savings Account Flexible Spending 52

Genesis HR Solutions

JANUARY 24, 2023

Handbooks help manage your employees and keep your business compliant with the ever-growing list of employment rules and regulations. Flexible Spending Account (FSA): An FSA (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.

Family and Medical Leave Act 98

Family and Medical Leave Act Overtime Parental Leave Health and Welfare 98

Benefit Resource Inc.

MARCH 19, 2020

Here are three ways to manage kids, health and finances in the middle of social distancing. Managing kids at home . With schools all over the country sending kids home, parents can use a Dependent Care Flexible Spending Account to help with child care needs. Managing health during social distancing.

Flexible Spending Account 40

Flexible Spending Account Flexible Spending Management Health Savings Account 40

Best Money Moves

JULY 8, 2020

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. 8 Student Loan Employee Benefits.

Employee Benefits 111

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

Benefit Resource Inc.

OCTOBER 21, 2019

” In the case of pre-tax benefits, we like to say “There’s a plan for that” Regardless of your benefits problem, by comparing Flexible Spending Accounts, Health Savings Accounts and Health Reimbursement Accounts, you can find the right plan to fit your needs.

Flexible Spending Account 40

Flexible Spending Account Health Savings Account Flexible Spending 401(k) 40

Best Money Moves

MAY 9, 2018

The results of this survey indicate that your employees lack confidence in their ability to manage their own money. Flexible spending accounts (FSA) and health savings accounts (HSA) help employees prepare and pay for healthcare expenses. Self-Funded Health Insurance. See what else is in store.

Flexible Spending Account 58

Flexible Spending Account Health Savings Account Health Insurance Flexible Spending 58

WEX Inc.

APRIL 3, 2023

Health reimbursement arrangements (HRAs) and health savings accounts (HSAs) are great tools for you and your employees to save money, and for your employees to prepare for potential medical expenses. For employers, HRAs or HSAs come with perks, including tax savings and increased employee retention.

Health Savings Account 52

Health Savings Account 401(k) Flexible Spending Account Taxes 52

Benefit Resource Inc.

MARCH 20, 2024

The annual awards program developed by ADP, a leading global technology company providing human capital management (HCM) solutions, recognizes strong ADP Marketplace partner performance across multiple award categories. ROCHESTER, N.Y., BRI is an Inspira Financial solution. Learn more at inspirafinancial.com.

Health Savings Account 52

Health Savings Account Flexible Spending Account Flexible Spending Taxes 52

Benefit Resource Inc.

NOVEMBER 4, 2021

Health Saving Accounts (HSAs) help you play a more informed and active role in controlling your family’s health care costs. HSAs are one tool in the ever-expanding toolbox of health care plans. Serving thousands of employers and employees, BRI makes benefits management easy. CALCULATE YOUR SAVINGS.

401(k) 75

401(k) Flexible Spending Account Deductible Deductions 75

Business Management Daily

SEPTEMBER 22, 2021

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 also a time when businesses and HR Managers should evaluate the benefits that they offered last year and consider whether to make adjustments.

Employment 90

Employment Deductible Deductions Benefit Providers 90

WEX Inc.

JUNE 13, 2024

Flexible spending accounts (FSAs) allow your employees to use pre-tax dollars to cover eligible out-of-pocket healthcare expenses, providing a tax-efficient way to manage medical costs and helping you and your employees save money. But how can you effectively communicate and offer FSAs to your employees?

Flexible Spending Account 52

Flexible Spending Account Flexible Spending Health Savings Account Taxes 52

Benefit Resource Inc.

JUNE 29, 2021

Now that you’ve explained (again) how insurance works, you get to begin the real work of teaching employees the difference between Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs). ” Employees already know what “saving money for a rainy day” means.

401(k) 78

401(k) Deductible Deductions Flexible Spending Account 78

Benefit Resource Inc.

MARCH 21, 2023

Fostering a Culture of Openness Around Mental Health Issues When employers take the time to communicate mental health benefits in the workplace, it opens up communication channels between management and employees about mental health issues.

Flexible Spending Account 52

Flexible Spending Account Flexible Spending Health Savings Account Education 52

Business Management Daily

AUGUST 12, 2022

Health savings accounts, health flexible spending accounts or health reimbursement accounts can reimburse plan participants for the cost of OTC emergency contraception if the cost isn’t picked up by another plan or coverage. Reasonable medical management techniques.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Medical Flexible Spending 52

CorpStrat

JANUARY 22, 2024

Chronic Disease Management For those managing chronic conditions, many plans provide specialized support and resources, making it easier to manage conditions like diabetes or heart disease effectively. It’s worth checking out the specifics, as this can lead to significant savings.

Employee Benefits 52

Employee Benefits Flexible Spending Account Health Savings Account Flexible Spending 52

Higginbotham

JUNE 14, 2022

Rising healthcare costs have led to innovative new ways of managing expenses. Flexible Spending Accounts (FSAs) have emerged as one solution. FSA programs can be a good fit for many employee health benefit programs, but before being able to decide, you may have some questions – for example, how do FSAs work?

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Deductible Deductions 52

Benefit Resource Inc.

MAY 2, 2019

I started with my health plan coverage and HSA. Managing the transition to a new company. Ensuring continuous health plan coverage. Through my current employer, I have four pre-tax plans: a commuter benefit, a Dependent Care account, a Health Savings Account (HSA), and a Limited Flexible Spending Account (Limited FSA).

Mining 68

Mining Flexible Spending Account Health Savings Account Taxes 68

Corporate Synergies

AUGUST 6, 2018

Health savings accounts can be a good deal for employees. High deductible health plans (HDHPs) are on the rise as a growing number of employers turn to consumer-directed health plans to try to curb costs—the portion of employees enrolled in HDHPs rose from 26.3% HSA value isn’t always obvious. As Seen In.

401(k) 40

401(k) Health Savings Account Retirement Plan Deductible 40

WEX Inc.

APRIL 12, 2023

Health saving accounts (HSAs) offer an excellent opportunity for participants to save money on healthcare expenses and for employers to support their employees’ wellness needs in a cost-efficient way. But there are HSA rules and regulations you and your employees need to follow in order to stay compliant.

Health Savings Account 52

Health Savings Account Flexible Spending Account Deductible Deductions 52

Benefit Resource Inc.

SEPTEMBER 25, 2018

Let’s say you decided to offer a Flexible Spending Account (FSA). You will likely need to decide if the new administrator will manage the run-out (and/or extended grace period, if offered) for the prior plan year. Commuter Benefits, Health Savings Accounts and even COBRA benefits can be transitioned at any time.

Taxes 45

Taxes Health Savings Account Flexible Spending Account Flexible Spending 45