PeopleKeep

AUGUST 19, 2020

Individual health insurance is more affordable than group health insurance. Also, under the Affordable Care Act, individual health plans must cover all individuals regardless of health , which was not previously the case. Tax credits are also available for qualifying employees.

Health Insurance 105

Health Insurance Insurance Taxes Healthcare 105

InterWest Insurance Services

MARCH 20, 2025

Employers that have decided to offer their staff individual healthcare reimbursement accounts to purchase health insurance on their own have been encountering administrative headaches. They became a viable option for funding health insurance for employees in 2020.

Health Insurance 75

Health Insurance Insurance Taxes Healthcare 75

Employee Benefits

JULY 10, 2024

Employer-funded healthcare trusts are an established, tax-efficient way to deliver the benefit of medical treatment to employees without having to buy employer-paid health insurance. appeared first on Employee Benefits.

Healthcare 109

Healthcare Employment Taxes Insurance 109

WEX Inc.

OCTOBER 17, 2024

As we approach the 2024 United States presidential election, Chris Byrd, senior vice president, health executive and, more broadly, head of Government Affairs at WEX, joined our Benefits Buzz podcast for an insightful conversation on how election years can influence employee benefits.

Employee Benefits 59

Employee Benefits Flexible Spending Account Health Savings Account Out of Pocket Cost 59

Employee Benefits

NOVEMBER 2, 2023

More than four million people are now covered by health insurance through their employer, according to data from the Association of British Insurers (ABI). The number of employees benefitting from health insurance increased by 8% from four million in 2021 to 4.4 million in 2022. The post 4.4

Health Insurance 105

Health Insurance Insurance Government Taxes 105

WEX Inc.

FEBRUARY 12, 2025

New regulations could affect everything from healthcare policies and labor laws to tax laws, all of which play a key role in benefits administration. Staying updated will help employers adjust their health insurance offerings, ensuring they remain compliant with any new federal or state regulations.

Healthcare 52

Healthcare Health Insurance Taxes Paid Leave 52

PeopleKeep

JULY 2, 2021

Since the Affordable Care Act created premium tax credits in 2014, millions of low-income Americans were able to get more affordable access to health insurance premiums on the state and federal exchanges. Watch our video to learn more about how premium tax credits work across all HRA types.

Taxes 98

Taxes Health Insurance Insurance Healthcare 98

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

Qandle

JANUARY 29, 2025

For companies of all sizes, adhering to labor rules, tax laws, and industry standards is a major challenge. These laws may include tax regulations, labor laws, social security contributions, and employee benefits mandates. They can also change frequently due to updates in labor laws, tax codes, or social security policies.

Payroll Software 91

Payroll Software Software Payroll Overtime 91

HR Lineup

MAY 9, 2023

Pazcare is an innovative healthcare company that provides a comprehensive suite of digital healthcare solutions. The platform is designed to help medical professionals and patients manage healthcare needs more efficiently, utilizing technology to improve the overall healthcare experience.

401(k) 130

401(k) Flexible Spending Account Health Insurance PTO 130

PeopleKeep

MARCH 15, 2021

With the recent passage of the American Rescue Plan Act of 2021 , there’s been a lot of talk about the changes made to premium tax credits and lowering health insurance costs—but what exactly are premium tax credits, and what do they have to do with how much you pay for health insurance?

Taxes 98

Taxes Health Insurance Insurance Healthcare 98

CorpStrat

APRIL 30, 2025

But heres the hidden truth: tariffs may quietly drive up the cost of employer-sponsored health benefits, affecting your bottom line and your ability to attract and retain talent. How Do Tariffs Connect to Health Insurance? Bottom Line Tariffs arent just about trade wars they could be a stealth tax on your healthcare costs.

Pharmaceutical 52

Pharmaceutical Out of Pocket Cost Insurance Carriers Employment 52

WEX Inc.

SEPTEMBER 18, 2024

It’s your best chance to evaluate your healthcare needs and identify opportunities to better support yourself and your family. If you’re one of that majority, you may be missing out on multiple ways to save, either through the health plan you choose or through the benefits you enroll in.

401(k) 52

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

PeopleKeep

MARCH 27, 2024

The Affordable Care Act (ACA) took great strides toward improving the affordability of and access to comprehensive healthcare nationwide. One initial aspect of the ACA required all Americans to obtain health insurance that provided minimum essential coverage (MEC) through their employer or on an individual basis or pay a federal tax penalty.

Health Insurance 59

Health Insurance Insurance Healthcare Government 59

PeopleKeep

OCTOBER 22, 2021

Many small employers who can’t afford to offer formal health benefits decide to give employees a taxable stipend to use toward healthcare. While this option is easy to administer and saves time, the value of these dollars is lessened because a health insurance stipend is considered part of employees’ income—not a separate benefit.

Health Insurance 52

Health Insurance Insurance Taxes Healthcare 52

PeopleKeep

JUNE 27, 2024

With increasing healthcare costs , finding affordable health benefit options for your church staff can be a challenge. As a church leader working with a tight budget, you may be wondering if the qualified small employer health reimbursement arrangement (QSEHRA) is the right choice for your organization.

Health Insurance 98

Health Insurance Healthcare Taxes Insurance 98

HR Lineup

MAY 11, 2023

Employers can choose from a range of pre-tax benefits, including health insurance, dental insurance, vision insurance, and other types of benefits. In addition to its benefits offerings, PeopleKeep also provides a range of educational resources to help businesses understand the complexities of healthcare benefits.

Flexible Spending Account 130

Flexible Spending Account Health Savings Account Benefits Package Flexible Spending 130

PeopleKeep

AUGUST 23, 2021

If there’s one truth about healthcare in America, it’s that everyone uses it differently. That’s what makes health reimbursement arrangements (HRAs) such an excellent health benefits solution, especially for organizations with a wide range of employees across age and health status. Do you visit the doctor often?

Health Insurance 98

Health Insurance Healthcare Insurance Taxes 98

Fringe Benefit Analysts

JUNE 22, 2021

Providing employer-sponsored, group health insurance is one of the top benefits a small business can provide for employees. Fringe Benefit Analysts is committed to helping small business owners navigate the health insurance benefits landscape and decipher just how much it costs for small business health insurance.

Health Insurance 52

Health Insurance Insurance Healthcare Deductions 52

PeopleKeep

MAY 12, 2023

Health insurance is one of the most sought-after benefits an organization can offer. But few know why employers started providing health insurance in the first place. Employer-sponsored health insurance became widely adopted during World War II.

Health Insurance 52

Health Insurance Insurance Employment Healthcare 52

Benefit Resource Inc.

OCTOBER 11, 2018

What is a pre-tax benefit account? A pre-tax benefit account allows you to set aside money from your paycheck before taxes to use for IRS-approved purchases. The items you can pay for through a pre-tax benefit account depends on which plan(s) you have. Childcare/Adult Care (Dependent Care FSA). Medical FSA.

Taxes 74

Taxes Health Savings Account Medical Deductions 74

Empuls

DECEMBER 24, 2024

  These benefits range from health insurance to retirement plans, paid time off (PTO), and wellness programs. Some of its key components include: Health insurance: Covers medical expenses. This includes offering high-deductible health plans combined with Health Savings Accounts (HSAs) to help employees manage costs.

Retirement Plan 40

Retirement Plan Health Insurance Benefits Package Healthcare 40

WEX Inc.

JUNE 5, 2023

If you’re a small business owner, the qualified small employer health reimbursement arrangement (QSEHRA) might be the benefits plan you’re looking for. Offering a QSEHRA lets you deliver healthcare savings for your employees, which could pay off as a retention and recruitment tool as you grow your business. What is a QSEHRA?

Health Insurance 94

Health Insurance Healthcare Taxes Insurance 94

PeopleKeep

JANUARY 12, 2022

As an employer considering a health benefit, you may be deciding between traditional group health insurance and a healthcare reimbursement plan, like a health reimbursement arrangement (HRA). How do you know which is the best fit for your company?

Health Insurance 98

Health Insurance Healthcare Insurance Taxes 98

PeopleKeep

FEBRUARY 25, 2022

Organizations of all sizes are feeling the pressure of rising healthcare costs. For many employers, health reimbursement arrangements (HRAs) are one of the best options to offset rising healthcare costs and provide employees with tax-advantaged health benefits. And with deductibles increasing over 68.4%

Health Insurance 52

Health Insurance Insurance Deductions Deductible 52

Global People Strategist

JUNE 8, 2022

While Thailand may be popular for its tourism, it has much more to offer, such as the country’s healthcare system for citizens and tourists alike. This blog will give a better understanding of the healthcare programs in the country. Thai Healthcare System. Public health. Private health insurance.

Health Insurance 52

Health Insurance Insurance Hospitality Deductions 52

WEX Inc.

AUGUST 15, 2023

For first-time health insurance and benefits electees, we’re kicking off a three-part blog series just for you to walk through considerations when making these decisions. For starters, let’s look at a few considerations when evaluating health plans for the first time. Be mindful of health insurance enrollment periods.

Deductions 98

Deductions Deductible Healthcare Flexible Spending Account 98

BerniePortal

JANUARY 22, 2020

Trying to beat the tax time rush? Mid-January marks the start of tax season! Now's a good time for HR to advise employees to review paycheck withholdings and health care items. Along with the new W-4, the IRS has updated its online tax withholding estimator. Review Health Savings Account.

Taxes 64

Taxes Health Savings Account Health Insurance Medical 64

PeopleKeep

AUGUST 24, 2022

When you’re sick, injured, or have unexpectedly high medical costs, health insurance acts as an important safety net that keeps you from paying more out-of-pocket than you would without it. The older you get, the more risk you pose to health insurance companies, so your insurance premiums will likely rise as you get older.

Health Insurance 52

Health Insurance Insurance Healthcare Medical 52

Employee Benefits

MAY 22, 2023

PMI is a type of insurance designed to cover medical expenses incurred during illness or injury, such as operations, consultations, diagnostic investigations and tests. It traditionally involved full medical underwriting or a moratorium, meaning it can cover pre-existing conditions, unlike other types of healthcare plans.

Medical 105

Medical Insurance Healthcare Taxes 105

HR Lineup

JANUARY 9, 2023

OnPay is automated so that payroll taxes and other filings are completed on time and with ease. OnPay also offers a range of benefits for employees, including access to a 401(k) retirement plan and a range of health insurance options. To ensure that it is accessible when necessary, it can also be used on a mobile device.

401(k) 130

401(k) Payroll Retirement Plan Health Insurance 130

WEX Inc.

SEPTEMBER 14, 2023

It’s your best chance to evaluate your healthcare needs and identify opportunities to better support yourself and your family. If you’re one of that majority, you may be missing out on multiple ways to save, either through the health plan you choose or through the benefits you enroll in.

401(k) 98

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

PeopleKeep

JANUARY 24, 2022

Due to rising health insurance costs , employers must search for ways to reduce their—as well as their employees’—costs, as much as possible. However, there are guidelines for both that employers must follow in order to reimburse their employees compliantly.

Health Insurance 52

Health Insurance Insurance Healthcare Employment 52

Global People Strategist

JULY 13, 2022

As the cost of healthcare continues to rise, private employers are searching for new and innovative ways to provide health insurance for their employees. Here we will take a look at some of the latest trends in health insurance for private employers. The Rise of High Deductible Health Plans. Final Thoughts.

Health Insurance 52

Health Insurance Insurance Health Savings Account Employment 52

WEX Inc.

JULY 24, 2023

That's important considering that a 65-year-old couple retiring in 2020 would need an average of $351,000 in healthcare costs throughout retirement. A variety of recent studies have indicated that: The top issues “addressed through financial wellness initiatives were healthcare costs and retirement preparedness. “ Yes,” Cook said.

Retirement Plan 98

Retirement Plan 401(k) Health Savings Account Taxes 98

PeopleKeep

FEBRUARY 3, 2022

Since it first became available in 2017, the qualified small employer HRA (QSEHRA) has been offering small employers the unique opportunity to reimburse their employees, tax-free, for their individual insurance premiums and qualifying healthcare expenses.

Health Insurance 97

Health Insurance Healthcare Insurance Taxes 97

Benefit Resource Inc.

JANUARY 3, 2022

Even with health insurance, labor and delivery can cost around $5,000, and without insurance, it can be upwards of $40,000. Benefit Resource (BRI) is here to help you use your pre-tax funds to combat some of the costs that come with welcoming your new addition. Switch to a high-deductible health plan.

Taxes 72

Taxes 401(k) Out of Pocket Cost Health Savings Account 72