InterWest Insurance Services

JUNE 20, 2024

The IRS has announced significantly higher health savings account contribution limits for 2025, with the amount increasing 3.6% The IRS updates this amount annually, along with minimum deductibles as well as the out-of-pocket maximums for high-deductible health plans. for individual HSA plans.

Deductible 97

Deductible Deductions Health Savings Account Medical 97

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.

Employee Benefits 86

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

InterWest Insurance Services

SEPTEMBER 9, 2022

Most health plans do not cover out-of-network care. 59% don’t understand that low-deductible health insurance plans start paying out sooner than high-deductible health plans (HDHPs). Make sure to schedule a series of meetings in the run-up to open enrollment where you can go over the basics of how health insurance works.

Health Insurance 98

Health Insurance Insurance Deductible Deductions 98

Benefit Resource Inc.

JANUARY 16, 2020

Increased use of AI while keeping the “human” in Human Resources. Health Reimbursement Accounts: The White House projects that HRAs will ultimately be offered to 11 million employees, with a net gain in health coverage for 800,000 Americans. That’s so last decade.

Health Savings Account 73

Health Savings Account Flexible Spending Account Flexible Spending Taxes 73

InterWest Insurance Services

SEPTEMBER 9, 2024

Here’s what the report found: Offering more plans To combat rising costs, many employers (80%) offer more than one health plan. A growing share of employers offer high-deductible health plans (HDHPs) and health savings accounts (HSAs) to employees.

Family and Medical Leave Act 93

Family and Medical Leave Act Pharmaceutical Employment Health Savings Account 93

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. If they cannot make a general meeting, you can invite them to come in to meet with your human resources manager if they have questions.

Flexible Spending Account 96

Flexible Spending Account Pharmaceutical Health Savings Account Flexible Spending 96

Empuls

JULY 16, 2024

Wellness incentives recognize the multifaceted nature of employee health and create a culture that prioritizes well-being.    The rewards themselves can be diverse, ranging from reduced healthcare premiums to contributions to health savings accounts, gym memberships, or even cash bonuses.

Food 52

Food Health Savings Account Health Insurance Bonuses 52

WEX Inc.

SEPTEMBER 25, 2023

By Jessica Shawn Human Resources Business Partner at WEX The time is now to disrupt open enrollment ! A great example of this is education at summertime around how to maximize your health savings account (HSA) dollars for typical hot weather spending such as sunscreen and aloe vera!

Voluntary Benefits 98

Voluntary Benefits Health Savings Account PTO Retirement Plan 98

InterWest Insurance Services

MAY 23, 2022

By keeping your staff informed of developments like these, they can save money and take advantage of this benefit more fully. It’s important that you communicate benefit developments to your staff, and that requires that your human resources or benefits team stays on top of changes. Here’s how: Be proactive.

Education 98

Education Health Insurance Health Savings Account Insurance 98

InterWest Insurance Services

SEPTEMBER 27, 2023

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

Out of Pocket Cost 93

Out of Pocket Cost Flexible Spending Account Health Savings Account Health Insurance 93

Benefit Resource Inc.

FEBRUARY 24, 2022

Priorities for Human Resources & Employee Benefits. Still, Human Resources can be on the front lines in providing better systems that alleviate stress, add value, etc., The Secret to Succeeding in Human Resources. Fill out the form to the right to download our eBook.

Out of Pocket Cost 75

Out of Pocket Cost Benefits Package Human Resources Health Savings Account 75

Benefit Resource Inc.

FEBRUARY 7, 2024

A key player in the balance between health and wealth is the health savings account (HSA). Understanding HSAs Health Savings Accounts are tax-advantaged savings accounts designed to help individuals and families with high-deductible health plans (HDHPs) cover medical expenses.

Health Savings Account 52

Health Savings Account Healthcare Deductible Deductions 52

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

Genesis HR Solutions

MAY 2, 2023

This cheat sheet explains several common human resource acronyms. This cheat sheet explains several common human resource acronyms. Or maybe you’re not sure about the difference between FMLA, FSA, and FLSA. For employers and employees, there are myriad HR terms to know and understand.

Family and Medical Leave Act 52

Family and Medical Leave Act 401(k) Flexible Spending Account Health Savings Account 52

Benefit Resource Inc.

MARCH 20, 2024

BRI pioneered paperless card technology and continues to lead the industry with a one-card solution for FSA, HRA, HSA, and parking/mass transit plan administration, online enrollment, and account management to simplify human resource involvement, and mobile balance and receipt applications to provide added convenience to participants.

Health Savings Account 52

Health Savings Account Flexible Spending Account Flexible Spending Taxes 52

HR Professionals Magazine

AUGUST 1, 2023

With over 4,000 respondents, the Society for Human Resource Management’s 2023 Employee Benefits Survey found that the number of employers offering family support and leave benefits has significantly increased since 2022. Among health care coverage options, preferred provider organizations remained the most common (82%).

Parental Leave 52

Parental Leave Flexible Spending Account Health Savings Account Flexible Spending 52

CorpStrat

JANUARY 17, 2023

The following commonly offered Employee Benefits are subject to these limits: High deductible health plans (HDHPs) and health savings accounts (HSAs). Health flexible spending accounts (FSAs). Many employee benefits are subject to annual dollar limits that are adjusted for inflation by the IRS each year.

401(k) 52

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

Benefit Resource Inc.

JUNE 29, 2021

Within the pre-tax benefit space, your work is cut out for you as a human resource professional. 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).

401(k) 78

401(k) Deductible Deductions Flexible Spending Account 78

Empuls

AUGUST 27, 2024

Ways to improve employee satisfaction Key options of benefits for employees to improve employee satisfaction and best human resource practices: Health insurance: Good health of the employees is not possible without comprehensive health insurance.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits 401(k) Benefits Package 40

Business Management Daily

SEPTEMBER 7, 2018

As you evaluate your health insurance options for the upcoming year, consider whether to offer high-deductible health plans, coupled with health savings accounts. They can save big bucks for employers and employees alike.

Health Savings Account 45

Health Savings Account Health Insurance Deductible Deductions 45

Benefit Resource Inc.

JULY 13, 2023

.” This acquisition reflects Millennium Trust’s continued efforts to expand its health, wealth, retirement, and benefits solutions. Learn more about millennium trust The post Millennium Trust Completes Acquisition of Benefit Resource, LLC appeared first on BRI | Benefit Resource.

Health Savings Account 52

Health Savings Account Human Resources Technology Consulting 52

Benefit Resource Inc.

OCTOBER 27, 2021

Her contributions to HSA education contributed to the growth of assets from $50 million (2002) to nearly $1 billion (2010) and elevated overall awareness of Health Savings Accounts. This applies for FSA, HRA, HSA, and Parking/Mass Transit plan administration, online enrollment, and account management.

Health Savings Account 40

Health Savings Account Digital Media Banking Human Resources 40

Higginbotham

SEPTEMBER 15, 2023

The rapid advancement of artificial intelligence technology is defining a new workplace, transforming the outlook for many traditional jobs and challenging human resources professionals to harness the power of generative AI for both workforce development and strategic competitive advantage.

Human Resources 52

Human Resources 401(k) Outsourcing Payroll Recruitment 52

Benefit Resource Inc.

OCTOBER 1, 2020

BRI pioneered paperless card technology and continues to lead the industry with a one-card solution for FSA, HRA, HSA, and Parking/Mass Transit plan administration, online enrollment and account management to simplify human resource involvement, and mobile balance and receipt applications to provide added convenience to participants. .

Flexible Spending Account 45

Flexible Spending Account Health Savings Account Flexible Spending Transportation 45

Genesis HR Solutions

SEPTEMBER 22, 2020

Employees don’t pay taxes on this money, which means they save an amount equal to the taxes they would have paid on the money you set aside. Health Savings Account (HSA). As an employer, you may make contributions to your FSA, but you aren’t required to. The amount you elect must be used in that plan year.

401(k) 98

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

Higginbotham

OCTOBER 13, 2023

Alternatively, the employer may provide a special debit card that the employee can use to access the account. According to the Society for Human Resource Management (SHRM), Lifestyle Spending Accounts are more common in Canada, but they’re starting to receive attention in the U.S.,

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Taxes 52

Benefit Resource Inc.

SEPTEMBER 8, 2022

BRI pioneered paperless card technology and continues to lead the industry with a one-card solution for FSA, HRA, HSA, and Parking/Mass Transit plan administration, online enrollment and account management to simplify human resource involvement, and mobile balance and receipt applications to provide added convenience to participants.

Health Savings Account 40

Health Savings Account Flexible Spending Taxes Human Resources 40

Genesis HR Solutions

NOVEMBER 20, 2018

A Professional Employer Organization (PEO) allows its clients to outsource many of their human resource functions, share employment liability, and, oftentimes, gain economies of scale to bring an improved benefits package to their employees. Health savings account. What is a Professional Employer Organization?

Human Resources 40

Human Resources Health Insurance 401(k) Benefits Package 40

Flimp Communications

OCTOBER 18, 2019

The study also showed 11% have moved some of their employees to high-deductible health plans (HDHPs) with health savings accounts (HSAs). Some government agencies are already offering workers more flexible schedules and paid family-leave options. HDHPs won’t work for all your employees.

Government 56

Government Recruitment Health Savings Account Deductible 56

Benefit Resource Inc.

DECEMBER 30, 2021

This is where many Human Resources professionals find themselves these days as they try to navigate alterations to their benefits and the effects of new and expiring legislation. Limits for Health Savings Accounts (HSAs) were released earlier this year. Pre-tax Account Limits for 2022. Up from $270/mo.

Health Savings Account 40

Health Savings Account Deductible Deductions Flexible Spending Account 40

Genesis HR Solutions

MAY 23, 2023

Employees don’t pay taxes on this money, which means they save an amount equal to the taxes they would have paid on the money you set aside. Health Savings Account (HSA): An HSA is a savings account that lets employees set aside money on a pre-tax basis to pay for qualified medical expenses.

Insurance 40

Insurance PTO Human Resources Flexible Spending 40

Business Management Daily

SEPTEMBER 15, 2021

What an employer must offer in terms of worker’s compensation and disability varies by state, so human resources should keep tabs on requirements. The employee saves money because this set-aside money is not taxed. Health Savings Accounts. Employers also may contribute to this sum.

Benefits Package 52

Benefits Package Family and Medical Leave Act Health Insurance PTO 52

Insperity

MARCH 12, 2024

Flexible spending accounts (FSAs) and health savings accounts (HSAs) HSAs and FSAs can help employees better prepare for medical expenses and, in the case of HSAs, even help employees enhance their retirement savings. For employees, online enrollment saves time and reduces stress.

Family and Medical Leave Act 59

Family and Medical Leave Act Employee Benefits PTO 401(k) 59

Genesis HR Solutions

JULY 3, 2019

Health, dental, and vision insurance. Health Savings Accounts (HSA). Social security tax. Unemployment tax. Workers’ Compensation insurance. Indirect Compensation: Benefits. Life and disability insurance. Retirement plan contributions (401k). Accrued paid time off (PTO/Vacation time). Educational assistance.

401(k) 40

401(k) Commissions Retirement Plan IT 40

Vantage Circle

SEPTEMBER 11, 2023

These include self-service employee onboarding, document storage, payroll processing, tax filing, reporting, and human resources (HR) compliance assistance. Zenefits Zenefits is a cloud-based software company that provides human resources (HR) management services and tools for small and medium-sized businesses.

Employee Benefits 52

Employee Benefits Payroll Retirement Plan Software 52

Higginbotham

OCTOBER 5, 2023

Mental Health Support New research from the Society for Human Resources Management found that one in three U.S. Almost a third have considered quitting for mental health reasons. Microsoft offers employees either a Health Savings Account (HSA) or a Flexible Spending Account (FSA).

Health Insurance 52

Health Insurance Employee Benefits Insurance 401(k) 52

Genesis HR Solutions

AUGUST 9, 2018

Tax-preferred plans: Health flexible spending accounts, health savings accounts, health reimbursement accounts, transportation accounts, and more. How much of an employee’s salary is made up of benefits. Common Employee Benefits. 401(k) and retirement plans.

Employee Benefits 40

Employee Benefits 401(k) Health Insurance Insurance Carriers 40