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Your 2025 benefits compliance checklist: What you need to know

WEX Inc.

Dependent eligibility audits are essential for maintaining adherence to insurance carrier requirements and minimizing potential litigation. Dependent verification audits Ensuring that only eligible dependents are covered under your benefits plan reduces unnecessary costs and compliance risks.

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Baby Health Insurance Playbook: 5 Steps to Plan for a Newborn

Corporate Synergies

A flexible spending account (FSA), which can be used to cover childcare and medical costs tax-free. A health savings account (HSA), which can also be used to cover medical expenses tax-free. But increasingly, doctors offer additional genetic screening and diagnostic tests that may not be covered under insurance.

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4 Health Insurance Options For Small Business Owners

Genesis HR Solutions

In the small group market: Rates are regulated Plans typically require 70% or more employee participation Plan options may be limited Carriers have contribution requirements. Either way, your small business has access to certain products, which usually don’t include many of the more robust insurance plans offered to larger companies.

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4 Necessary Steps to a Successful Long-term Benefits Strategy

Corporate Synergies

I have seen many organizations implement new tactics, such as a health savings account (HSA). Self funding also provides more plan design flexibility and eliminates the internal costs that an insurance carrier builds into a plan for profit. Identify the levers and how far you want to pull them.

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Creating the “Urgent Care First” Mindset for Employee Benefits

Corporate Synergies

From 2009 to 2016 (the most recent data available), the average amount that hospitals billed insurance carriers for an emergency room visit more than doubled, from $600 to $1,322. The cost to the employer (and often the employee) is often far less than the ER. The high cost of ER care is enough to make anyone run a high temp.

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Why you should offer Blue Cross Blue Shield Massachusetts health care to your employees

Genesis HR Solutions

options—including access to Blue Cross Blue Shield of Massachusetts health coverage—at a better price point. When seeking health insurance on your own , you’ll have to purchase health insurance through a broker, a health insurance carrier, or the open market (called different things in different states).

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Understanding the cost of employee benefits & what it means for your company

Genesis HR Solutions

Insurance types: Medical, dental, vision, disability, and life insurance plans. Tax-preferred plans: Health flexible spending accounts, health savings accounts, health reimbursement accounts, transportation accounts, and more. Common Employee Benefits. 401(k) and retirement plans.