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 93

Medical Health Insurance Insurance Carriers Insurance 93

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 103

Insurance Carriers Health Insurance Medical Electronics 103

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

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

JULY 2, 2024

An insurance broker serves as an intermediary between insurance companies and their clients, helping individuals and businesses find, secure and maintain the best possible coverage. The Role of an Insurance Broker Insurance brokers help guide clients through the complexities of the insurance process.

Insurance Carriers 52

Insurance Carriers Insurance Health Insurance Life Insurance 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 99

Healthcare Insurance Carriers Insurance Management 99

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

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

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. CLINICAL INFORMATICS FOR ALL Clinical informatics was once limited to large healthcare plans, which could access analytics and informatics through their insurance brokers.

Healthcare 90

Healthcare Insurance Carriers Pharmaceutical Medical 90

Insperity

MAY 27, 2013

Though the employer mandate provisions of the Affordable Care Act have been delayed, health care insurance costs, taxes and fees are expected to continue to climb. Postponing your decision to provide health care insurance could prove to be very costly for your business. Don’t offer health insurance to your employees.

Health Insurance 40

Health Insurance Insurance Insurance Carriers Flexible Spending Account 40

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

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 77

Insurance Carriers Taxes Employee Enrollments Health Insurance 77

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. The rules require that non-grandfathered insured and self-insured group health plans post machine-readable files on a public website no later than July 1, 2022.

Insurance Carriers 79

Insurance Carriers Insurance Health Insurance Employment 79

InterWest Insurance Services

JULY 26, 2022

You as an employer can help by offering group disability insurance to your employees. This insurance helps replace a portion of a worker’s income if they lose their income due to an injury or illness. Typically, disability insurance policies will replace between 50 and 65% of a worker’s income. What it covers.

Disability Insurance 75

Disability Insurance Insurance Carriers Insurance Deductions 75

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 117

Employee Wellness 401(k) PTO Insurance Carriers 117

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

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

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. The monthly fee is fixed for a 12-month period.

Insurance Carriers 52

Insurance Carriers Healthcare Health Insurance Deductions 52

Higginbotham

OCTOBER 29, 2024

Acting as an intermediary between employers and insurance providers, benefit brokers help design, implement and manage employee benefits programs. Their expertise lies in understanding the insurance landscape and creating benefits packages that meet the unique needs of an employer’s workforce.

Employee Benefits 52

Employee Benefits Insurance Carriers Disability Insurance Benefits Package 52

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 80

Employee Wellness 401(k) PTO Retirement Plan 80

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

OCTOBER 1, 2022

Additionally, account-based plans, like health reimbursement arrangements (HRAs) and health care flexible spending accounts (FSAs), are not required to report. Finally, short-term limited duration insurance (which is typically an individual market product) is also exempt.

Insurance Carriers 67

Insurance Carriers Employment Flexible Spending Account Insurance 67

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

Insperity

SEPTEMBER 14, 2021

As a co-employer, the PEO you choose will ultimately take responsibility for payroll processing, providing workers’ compensation insurance coverage, providing an employee benefits package and a host of other sensitive human resources (HR) and administrative tasks. Is the plan fully insured, or self-funded?

Professional Employer Organization 89

Professional Employer Organization Employment Insurance Taxes 89

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

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

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

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

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

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

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

These independent contractors advise employers and other sponsors of insurance plans, so they can research and choose the best plans for both the company and its employees. These tools simplify matters and reduce the amount of paperwork necessary to move forward with an insurance vendor.

Consulting 52

Consulting Employee Benefits Benefits Package Health Insurance 52

WEX Inc.

DECEMBER 18, 2024

Dependent eligibility audits are essential for maintaining adherence to insurance carrier requirements and minimizing potential litigation. The IRS requires this testing for Section 125 plans, HRAs, FSAs, and self-insured medical plans. December 31, 2025: Complete end-of-year testing for compliance.

Family and Medical Leave Act 52

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

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

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.

Benefit Providers 40

Benefit Providers Employee Benefits 401(k) Retirement Plan 40

Insperity

JUNE 11, 2014

A PEO whose health insurance plan centers on a state-specific carrier (e.g., Blue Cross Blue Shield of Tennessee) won’t work if you have employees in other states or plan to expand your business outside of that carrier’s network. Is the PEO’s group health plan sponsored by the PEO? How Can Your Business Benefit?

Professional Employer Organization 58

Professional Employer Organization Employment Insurance Carriers Insurance 58

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