Genesis HR Solutions

APRIL 23, 2019

If you’re struggling to navigate small business health insurance in Massachusetts—what is required, what plans are available, and where to find help—you’re in the right place. In this article, we’ll answer three questions about Massachusetts small business health insurance requirements. Click To Tweet.

Health Insurance 40

Health Insurance Insurance Insurance Carriers Healthcare 40

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

Genesis HR Solutions

NOVEMBER 8, 2018

Health insurance is stressful for small business owners and company leaders, isn’t it? Managing health insurance—minimizing costs while still adding value to insurance plans —can be done yourself, but it’s not something we’d recommend. Key Differentiators: Health insurance under a PEO vs. on your own.

Health Insurance 40

Health Insurance Insurance Insurance Carriers Education 40

PeopleStrategy

OCTOBER 17, 2023

HR departments are charged not only with finding employees comprehensive and affordable benefits including health insurance coverage, but also watching their part of the overall company bottom line. This is where level funded health plans can come into play. You also need to review the compliance requirements.

Insurance Carriers 52

Insurance Carriers Healthcare Health Insurance Deductions 52

Insperity

JANUARY 24, 2023

Health care benefits are the costliest line item for employers – and these costs consistently rise each year, with plan usage and claims history serving as the two big drivers. Having virtual care options can also be help reduce employees’ stress about their own health-insurance costs.

Insurance Carriers 102

Insurance Carriers Health Insurance Medical Electronics 102

Benefit Resource Inc.

FEBRUARY 23, 2021

Lately, we’ve seen an uptick in questions around the roles of responsibilities of your company’s broker, your TPA (that’s us), and your health insurance provider. And where does your health insurance carrier play into this? What is a health insurance carrier? What is a TPA?

Insurance Carriers 72

Insurance Carriers Health Insurance Insurance Healthcare 72

Higginbotham

OCTOBER 29, 2024

Their expertise lies in understanding the insurance landscape and creating benefits packages that meet the unique needs of an employer’s workforce. This involves tailoring core benefits like health, dental and vision insurance while incorporating voluntary options, such as disability insurance, mental health benefits or life insurance.

Employee Benefits 52

Employee Benefits Insurance Carriers Disability Insurance Benefits Package 52

Employee Benefit News

SEPTEMBER 14, 2023

Emma Fox, managing partner at E Powered Benefits, is creating a healthcare plan that doesn't depend on insurance carriers.

Healthcare 103

Healthcare Insurance Carriers Insurance Management 103

Griffin Benefits

SEPTEMBER 5, 2023

As healthcare costs have risen rapidly in the last decade, employer-sponsored health insurance premiums have followed,1 affecting both organizations and employees. Plan sponsors see continuously rising costs and may question if they’re getting their money’s worth. WANT TO LEARN MORE?

Healthcare 90

Healthcare Insurance Carriers Pharmaceutical Medical 90

Genesis HR Solutions

JANUARY 28, 2019

If you’re like most business owners, one of the biggest things you may worry about in relation to your company is the cost of providing health insurance to your employees. In one 2018 report, almost 80 percent of respondents said they worry about the cost of health benefits. The PEO selects health insurance options for you.

Health Insurance 40

Health Insurance Insurance Insurance Carriers Professional Employer Organization 40

InterWest Insurance Services

MARCH 15, 2022

And the majority of documents criminals steal are the same ones your employees receive from their group health insurers. If the thief’s health information is mixed with the victim’s, it could affect the medical care the victim is able to receive, or the health insurance benefits they are able to use.

Medical 90

Medical Health Insurance Insurance Carriers Insurance 90

EverythingBenefits

MAY 4, 2021

Put as simply as possible, an Electronic Data Interchange (EDI) 834 file is the standard format in which employers can communicate their employees’ health insurance enrollment and maintenance data to insurance carriers.

Insurance Carriers 52

Insurance Carriers Electronics Health Insurance Insurance 52

InterWest Insurance Services

AUGUST 18, 2022

Many group health insurance plan sponsors and administrators have the mistaken belief that the law allows employees enrolling in Section 125 cafeteria plans to change their elections, as long as they do so within 30 days of the plan becoming effective. This is not correct. And this misconception can have serious consequences.

Insurance Carriers 75

Insurance Carriers Taxes Employee Enrollments Health Insurance 75

CorpStrat

MARCH 17, 2022

Are you an employer looking for a new and innovative health insurance plan to offer your employees? Wouldn’t it be amazing if there was a new company in the market that actually did something different from all the traditional insurance carriers? Well, we think there is. This may sound too good to be true.

Employee Benefits 52

Employee Benefits Insurance Carriers Health Insurance Benefits Package 52

InterWest Insurance Services

JULY 11, 2022

July 1 was the deadline for health plans to make public their in-network negotiated rates, out-of-network billed charges, and more. Should post the machine-readable files on your public-facing website if the insurance company has decided to delegate this responsibility to the employer.

Insurance Carriers 76

Insurance Carriers Insurance Health Insurance Employment 76

HR Lineup

MARCH 10, 2023

Hoops HR also offers benefits administration features, allowing users to manage employee benefits such as health insurance, 401(k) plans, and more. With the ability to integrate with insurance carriers and other benefit providers, Hoops HR can help businesses manage their employee benefits more efficiently.

401(k) 52

401(k) Insurance Carriers Payroll System Human Resources 52

Empuls

AUGUST 28, 2024

  These providers handle the complex tasks of negotiating with insurance companies, managing enrollment processes, and ensuring compliance with regulations. They help identify the most suitable benefits, such as health insurance, retirement plans, and wellness programs. What are the top 5 types of employee benefits?

Benefit Providers 40

Benefit Providers Employee Benefits 401(k) Retirement Plan 40

Griffin Benefits

OCTOBER 1, 2022

Finally, short-term limited duration insurance (which is typically an individual market product) is also exempt. Practical Challenges Fully-insured employers may contract with their insurance carriers to provide prescription drug reporting on their behalf.

Insurance Carriers 67

Insurance Carriers Employment Flexible Spending Account Insurance 67

InterWest Insurance Services

JULY 26, 2022

The employer reports income information to the disability insurance carrier. Portability is an important feature, because disability insurance can be difficult to qualify for on the individual market. Disability insurance benefits may or may not be taxable, depending on the circumstances.

Disability Insurance 73

Disability Insurance Insurance Carriers Insurance Deductions 73

Higginbotham

JANUARY 11, 2022

of Labor, Health and Human Services (HHS) and the Treasury issued FAQ guidance regarding the requirements for group health plans and health insurance issuers to cover over-the-counter (OTC) COVID-19 diagnostic tests. Employers with fully-insured plans should expect their insurance carrier to handle these requirements.

Insurance Carriers 52

Insurance Carriers Health Insurance Insurance Medical 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

Benefit Resource Inc.

MARCH 11, 2021

Employers sponsoring a group health plan will be responsible for paying health insurance carriers for the premiums. While newly eligible individuals will not need to pay premiums, they will still need to elect COBRA coverage in order to take advantage of the subsidy.

Insurance Carriers 81

Insurance Carriers Taxes Health Insurance Medical 81

Insperity

OCTOBER 1, 2024

The business case for employee wellness Your business should prioritize employee wellness if leadership cares about: Reducing healthcare claims and containing benefits costs (particularly health insurance). Opportunities to participate in health and fitness challenges as a group and build camaraderie.

Employee Wellness 78

Employee Wellness 401(k) PTO Retirement Plan 78

Genesis HR Solutions

JUNE 20, 2022

Backup for tricky employment situations Compliance expertise Onboarding and training guidance Help with sensitive personnel matters Strategy and guidance in times of emergency (like the COVID-19 pandemic) Access to world-class health insurance benefits A partnership with a trustworthy, accredited PEO provider.

401(k) 52

401(k) Health Insurance Insurance Carriers Payroll 52

Higginbotham

JUNE 7, 2022

As we have been discussing since last year through multiple webinars and compliance updates, the Transparency in Coverage Final Rules (TiC Final Rules) require group health plans and health insurance issuers to disclose on a public website detailed pricing information in three separate machine-readable files (MRFs).

Family and Medical Leave Act 52

Family and Medical Leave Act Health Insurance Insurance Carriers Insurance 52

Fringe Benefit Analysts

MAY 8, 2022

Employee benefits consultants have a vast array of knowledge on all types of perks and benefits, many of which are offered to workers everyday by most companies, including health insurance and life insurance, 401ks and other retirement options.

Consulting 52

Consulting Employee Benefits Benefits Package Health Insurance 52

Corporate Synergies

NOVEMBER 5, 2018

Knowing how to approach the annual renewal with health insurance carrier, pharmacy benefits manager (PBM) and other players can help the savvy employer save some money while maintaining the same level of benefits as before. A good carrier relationship can help you come to an agreement when negotiating benefit renewals.

Insurance Carriers 45

Insurance Carriers Health and Welfare Insurance Health Insurance 45

Insperity

JULY 5, 2022

Their benefits include: Healthier employees, which can help companies contain health insurance costs Less absenteeism and, therefore, greater productivity Higher morale A sense among employees that their employer cares about them in a holistic manner – beyond their functional role at work – which can strengthen loyalty and improve retention.

Employee Wellness 115

Employee Wellness 401(k) PTO Insurance Carriers 115

Fringe Benefit Analysts

JUNE 15, 2020

For those needing help calculating the average number employees and dependents during the plan year, you can typically request this information from your medical insurance carrier or third-party administrator (TPA).

Medical 52

Medical Insurance Carriers Health Insurance Taxes 52

Business Management Daily

SEPTEMBER 16, 2024

For example, while some PEO companies only offer basic HR tasks like payroll services and compliance with tax laws, others provide more comprehensive service suites, including onboarding, health insurance, and administrative tasks. Let’s say you want to provide dental and vision insurance for your employees.

Professional Employer Organization 52

Professional Employer Organization Employment Taxes Payroll 52

GRA Benefits Group

MAY 11, 2020

The second is to provide a side-by-side comparison containing 20+ major in and out-of-network benefits to assist the employer in choosing a health plan. . 1Quote does it all, including offering: The ability to quote 9 different Michigan medical insurance carriers using only 1 census. 1Quote is as simple and easy as it sounds!

Insurance Carriers 52

Insurance Carriers Medical Insurance Health Insurance 52

Genesis HR Solutions

APRIL 19, 2019

We offer several health insurance products plus a bevy of other plans for you to choose from. You can read more about PEOs and health insurance in myth #7, below.). As your PEO, we’ll handle the administration of things like payroll, your benefits and health insurance, 401k plan, and more.

401(k) 69

401(k) Health Insurance Insurance Carriers Payroll 69

Griffin Benefits

MAY 31, 2022

The ACA requires Applicable Large Employers (“ALEs”) who average 50 or more full-time equivalent employees in the prior calendar year to offer health insurance to their full-time employees. By contrast, ALEs are not required to pay anything towards the health coverage cost for the employee’s spouse or dependent children.

Insurance Carriers 75

Insurance Carriers Taxes Health Insurance Insurance 75

Genesis HR Solutions

AUGUST 13, 2019

If you’ve been around small to midsize businesses for any amount of time over the last decade, you’ve no doubt seen or experienced the frustrations of navigating health insurance. And those players often come armed with health insurance options that small businesses like yours don’t have access to or can’t afford to offer on your own.

Health Insurance 40

Health Insurance 401(k) Insurance Insurance Carriers 40

Corporate Synergies

FEBRUARY 18, 2019

Annual health insurance carrier negotiations doesn’t have to be a contact sport. During carrier negotiations, employers naturally seek the lowest rate increase, while carriers typically propose a high increase. and Luciano Franco | Director of Underwriting. As Seen In.

Insurance Carriers 40

Insurance Carriers Utilities Health Insurance Insurance 40

Business Management Daily

JULY 17, 2024

There are challenges with ditching traditional employment, however, such as: No health insurance No job security Unpredictable income Fewer legal protections for workers On top of all that, using an app can make it hard to speak with actual humans when you encounter an issue. No interviews or HR runaround—just open the app and go.

Food 52

Food Insurance Carriers Salary Recruitment 52

Corporate Synergies

JULY 9, 2018

So far, the trend toward retail pharmacy, PBM and health insurance industry consolidation doesn’t seem to benefit all stakeholders. Here’s why… Insurance industry consolidation is occurring at an unprecedented rate. Health insurance industry consolidation hasn’t been good for healthcare consumers or employers.

Healthcare 40

Healthcare Insurance Health Insurance Insurance Carriers 40