WEX Inc.

JANUARY 2, 2025

7 basic rules of an HSA you need to know Maximize the potential of your health savings account (HSA) by mastering these 7 essential rules. Discover how to make smarter contributions, save on healthcare costs, and plan for a healthier financial future. What is a dependent care FSA? Do you have multiple HSAs open?

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Taxes 52

WEX Inc.

DECEMBER 12, 2024

Targeted recommendations: By analyzing factors such as age, role, family status, and location, AI can suggest benefits options like health savings accounts (HSAs) , retirement plans, or wellness programs that are most relevant to each employee.

Health Savings Account 52

Health Savings Account Benefits Package Retirement Plan Taxes 52

PeopleKeep

MARCH 14, 2022

Many organizations provide a health savings account (HSA) to their employees to offset rising healthcare costs. While HSAs are employee-owned accounts, many employers wonder if they can contribute to their employees’ HSAs, and—if so—how much. But employer contributions to HSA rules can be challenging to manage.

Health Savings Account 98

Health Savings Account Employment Benefits Package Healthcare 98

WEX Inc.

MAY 2, 2024

Health reimbursement arrangements (HRAs) and health savings accounts (HSAs) are great tools for you and your employees to save money, and for your employees to prepare for potential medical expenses. For employers, HRAs or HSAs come with perks, including tax savings and increased employee retention.

Health Savings Account 98

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

Best Money Moves

OCTOBER 22, 2024

Employees can further prepare for unexpected medical expenses and diagnoses by partnering with financial planning services that guide saving for medical emergencies. Encourage employees to set aside income to cover future medical costs through pre-tax income programs such as health savings accounts.

Out of Pocket Cost 59

Out of Pocket Cost Healthcare Health Savings Account Medical 59

PeopleKeep

MAY 24, 2021

With new tax-free vehicles emerging, including account-based health plans (ABHPs), small employers now have multiple ways to increase employees’ benefits.

Health Savings Account 98

Health Savings Account Benefits Package Deductible Deductions 98

PeopleKeep

JULY 10, 2024

Health savings accounts (HSAs) and traditional health insurance plans are two common options for managing healthcare expenses, but they have some key differences. In this article, we'll go over how HSAs and health insurance compare. Healthcare costs can be a major concern for many employers and employees.

Health Insurance 95

Health Insurance Insurance Health Savings Account Healthcare 95

WEX Inc.

NOVEMBER 27, 2024

You must be enrolled in an HDHP to be eligible to participate in a health savings account (HSA). PPOs are a common type of traditional health plan. ” Costs are more manageable when you use providers that are in your plan’s network. What’s a PPO?

Deductible 52

Deductible Deductions Health Savings Account Flexible Spending Account 52

HR Lineup

MAY 11, 2023

PeopleKeep also provides flexible spending accounts (FSAs), health reimbursement arrangements (HRAs), and health savings accounts (HSAs) to help employees save money on healthcare expenses. One of the key features of PeopleKeep is its ease of use.

Flexible Spending Account 130

Flexible Spending Account Health Savings Account Benefits Package Flexible Spending 130

HR Lineup

FEBRUARY 13, 2023

USI’s benefits offerings include a comprehensive suite of health insurance options, including medical, dental, and vision insurance. The company also offers flexible spending accounts (FSAs) and health savings accounts (HSAs) to help employees save money on healthcare costs.

Employee Benefits 130

Employee Benefits Flexible Spending Account Disability Insurance Health Savings Account 130

InterWest Insurance Services

AUGUST 10, 2022

Employers who offer health savings account-eligible high-deductible health plans (HDHPs) to employees can significantly expand pre-deductible coverage for certain drugs used to manage chronic conditions — with only a tiny effect on premiums. Improved disease management. Absenteeism. Overtime costs.

Deductible 98

Deductible Deductions Family and Medical Leave Act Health Savings Account 98

PeopleKeep

MAY 20, 2021

As healthcare costs continue to rise , small employers need a way to offer their employees a competitive health benefit to compete with larger organizations while still managing a limited budget.

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Healthcare 98

WEX Inc.

SEPTEMBER 24, 2024

And check out our Benefits podcast episode with Bridgit Moszer, regional sales director, direct sales at WEX and Jessica Shawn, senior manager, HR business partner at WEX, below. LSAs Lifestyle spending accounts (LSAs) can be customized by you to cover your employees’ pet-related expenses.

Recruitment 52

Recruitment Flexible Spending Account Health Savings Account Medical 52

Best Money Moves

DECEMBER 9, 2024

With a dedicated financial wellness program, you can help employees manage their finances reducing stress and improving productivity. This added stress can drastically affect an employees finances, especially if they do not have an adequate amount saved and now, companies are providing solutions.

roth 401(k) 52

roth 401(k) 401(k) Benefits Package Paid Leave 52

Benefit Resource Inc.

JANUARY 5, 2021

If you are looking for a new way to manage your benefits this year, you might enjoy building it around an approach that factors in your existing organizational habits and your personality. Step one is going to be ditching paper account statements for electronic documents. It’s your secure account management center.

401(k) 64

401(k) Health Savings Account Management Taxes 64

WEX Inc.

OCTOBER 9, 2024

Health savings accounts (HSAs) and flexible spending accounts (FSAs) are often misunderstood, despite their significant financial advantages. It’s time to clarify the ins and outs of these tax-saving healthcare accounts and answer some HSA and FSA FAQs.

Flexible Spending Account 95

Flexible Spending Account Health Savings Account Flexible Spending Taxes 95

Benefit Resource Inc.

JANUARY 16, 2020

While decision support tools will be growing in prominence, the job projections for HR Managers over the next 8 years is 7%. (As Incorporating lifestyle components into pre-tax accounts. American Future Healthcare Act: Provides various enhancements to make health savings accounts more accessible and easier to use.

Health Savings Account 73

Health Savings Account Flexible Spending Account Flexible Spending Taxes 73

Benefit Resource Inc.

SEPTEMBER 7, 2023

HSAs (Health Savings Accounts) are an excellent tool for controlling healthcare costs and setting up money for the future. It can become overwhelming, though, if you have to manage many HSAs as a result of job changes or shifting insurance companies. Why Should You Consolidate Your HSA Funds?

Health Savings Account 101

Health Savings Account Healthcare Taxes Finance 101

WEX Inc.

JUNE 13, 2024

To help you prepare, here is a breakdown of three common retirement accounts: an HSA vs. a 401(k) vs. an IRA. An HSA is … A health savings account (HSA) is a tax-advantage account that participants can pay for healthcare expenses, save for the future, and invest to build your savings.

401(k) 96

401(k) Retirement Plan Health Savings Account Deductible 96

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

JANUARY 27, 2023

Highlight digital tools — Digital tools are growing in number, from apps and telehealth options to those that can help your employees manage chronic conditions. Many insurers and/or providers have apps to help people access care and manage their health. Funds are not taxed when withdrawn, either.

Out of Pocket Cost 98

Out of Pocket Cost 401(k) Deductible Deductions 98

Best Money Moves

AUGUST 18, 2021

Health Insurance is especially useful for a multigenerational team because it’s applicable to individuals of all ages and situations, even those who are otherwise healthy individuals. . In addition to standard group health insurance, you might consider offering your team access to a health savings account, or HSA.

Health Insurance 111

Health Insurance Health Savings Account Insurance Benefits Package 111

InterWest Insurance Services

JANUARY 11, 2024

.” With significant cost-shifting off the table for most employers, employers will have to get creative to meet the challenge of offering benefits that workers want and need, and health care they can afford, while also managing cost growth. Making larger health savings account contributions to lower-paid employees.

Employment 97

Employment Health Savings Account Medical Insurance 97

Benefit Resource Inc.

JUNE 23, 2020

In addition to a general retirement account, consider a Health Savings Account (HSA). Making HSA investments enables you to grow this tax advantaged account at a greater rate long-term, while giving you a reliable source of funds to turn to for both emergency and everyday medical expenses.

401(k) 76

401(k) Health Savings Account Banking Taxes 76

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

InterWest Insurance Services

JULY 13, 2023

Employers who were surveyed for a new report expected that group health insurance premiums would increase 5.4% Employers are also taking different steps to make health insurance more affordable for their staff, particularly those at the lower end of the wage spectrum: 15% of employers offer free employee-only coverage in at least one plan.

Employment 98

Employment Out of Pocket Cost Health Insurance Health Savings Account 98

InterWest Insurance Services

APRIL 27, 2023

Deductibles can be added to the plan to manage premium costs. Coverage can often be configured to be compatible with HDHPs using health savings accounts. Plans differ and employers may choose a variety of coverage options, including varied inpatient and outpatient benefits.

Health Insurance 98

Health Insurance Insurance Out of Pocket Cost Deductible 98

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? Cafeteria Plan benefits often include.

Employee Benefits 86

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

WEX Inc.

OCTOBER 4, 2023

The 20th anniversary of health savings accounts (HSAs) marks a significant milestone for these accounts, which have empowered tens of millions of Americans to save for both immediate and future medical expenses.

Health Savings Account 64

Health Savings Account Healthcare Education Taxes 64

InterWest Insurance Services

MARCH 15, 2022

Fortunately, a number of health technology companies have come to the fore to help employees see better health outcomes, shop around for medical services, educate themselves about their health and disease management, and choose the health plan that is best for them. Chronic disease management tools.

Out of Pocket Cost 98

Out of Pocket Cost Health Savings Account Health Insurance Medical 98

Benefit Resource Inc.

NOVEMBER 6, 2023

Mental Health Resources: Ensure employees have access to mental health resources and counseling services to help manage the emotional challenges of the season. Leverage Pre-tax Benefits Pre-tax benefits are a valuable tool for promoting employee health and wellness during the winter months.

Flexible Spending Account 90

Flexible Spending Account Flexible Spending Health Savings Account Food 90

Benefit Resource Inc.

SEPTEMBER 2, 2020

FSAstore.com’s Senior Account Manager Michael Lublanecki sat down with CEO Jason Hall to discuss the BRI & FSAstore.com partnership. This partnership provides participants with an easy way to use their pre-tax health dollars. FSA Calculator – Calculate yearly contributions and tax savings. baby care items.

Health Savings Account 97

Health Savings Account Banking Taxes Medical 97

Benefit Resource Inc.

NOVEMBER 10, 2020

If you have a tax-free account like a health savings account, it might come in handy. While an HSA might not be the first thing to come to mind, this benefit account can actually help you fight stress from COVID-19 in a few ways. Here are five ways your health savings account can help you reduce COVID stress.

Health Savings Account 75

Health Savings Account Taxes Bonuses Employment 75

InterWest Insurance Services

JULY 6, 2023

Most large health carriers have adopted some form of telemedicine by either contracting with a tech provider to manage the interface or by purchasing a tech platform. This is good news for patients and employers, who may end up benefiting from lower plan costs, as well as lower out-of-pocket expenses for employees.

Insurance 95

Insurance Out of Pocket Cost Hospitality Health Savings Account 95

InterWest Insurance Services

MARCH 16, 2023

.” — Benefits executive at an insurance company Some of the interviewees said that funding ICHRAs and sending their workers to ACA exchanges would rob the company of the opportunity to help workers manage expensive health conditions.

Health Insurance 98

Health Insurance Employment Out of Pocket Cost Health Savings Account 98

InterWest Insurance Services

MARCH 4, 2022

As rising health insurance premiums and out-of-pocket costs for health care are burdening workers, more employers are looking for ways to help their staff put aside money for those expenses. While health savings accounts have grown in popularity, you can only offer them to employees who are enrolled in high-deductible health plans.

Medical 98

Medical Health Insurance Out of Pocket Cost Deductible 98

Griffin Benefits

MARCH 16, 2022

Health Savings Accounts, Flexible Spending Accounts, and supplemental medical plans like accident, critical illness, and hospital indemnity insurance can be critical to help pay for out-of-pocket medical costs.

Flexible Spending Account 89

Flexible Spending Account Retirement Plan Health Savings Account Voluntary Benefits 89