Business Management Daily

SEPTEMBER 16, 2024

Let’s say you want to provide dental and vision insurance for your employees. You bring this up to your PEO, but the insurance carriers they work with don’t offer dental or vision insurance, so there’s little you can do about it.

Professional Employer Organization 52

Professional Employer Organization Employment Taxes Payroll 52

Insperity

JANUARY 4, 2024

An example of this is a client company discovering that they’ve been continuing to pay for medical insurance for a terminated employee. Some compromise may be necessary When you choose your own insurance offering through a broker, you can select from a vast number of available insurance carriers and plan designs.

Insurance Carriers 98

Insurance Carriers Workers’ Compensation Insurance Professional Employer Organization 98

Benefit Resource Inc.

MARCH 11, 2021

Employers sponsoring a group health plan will be responsible for paying health insurance carriers for the premiums. Participants may still be responsible for premiums if they elect coverage for dental, vision, FSA and Medicare. Employers are responsible for paying premiums, but receive a tax credit.

Insurance Carriers 81

Insurance Carriers Taxes Health Insurance Medical 81

Wellable

NOVEMBER 30, 2020

The vast majority (71%) of these employers are integrating the health benefits with a single insurance carrier rather than using technologies to connect multiple carriers. This is an increase of 11% from 2018 and nearly doubled from 2016.

Insurance Carriers 52

Insurance Carriers Employee Benefits Employment Health 52

Griffin Benefits

OCTOBER 1, 2022

stand-alone vision or dental, among others) that are generally exempt from Affordable Care Act requirements are also exempt from this reporting. Finally, short-term limited duration insurance (which is typically an individual market product) is also exempt. Excepted benefits (e.g.,

Insurance Carriers 67

Insurance Carriers Employment Flexible Spending Account Insurance 67

Insperity

JULY 5, 2022

First, let’s clarify how wellness initiatives are different from standard employee benefits , such as 401(k) retirement plans, paid time off (PTO) and various types of insurance (health, dental and vision being among the most common). Often, this type of tool is available via your company’s health insurance carrier.

Employee Wellness 117

Employee Wellness 401(k) PTO Insurance Carriers 117

GRA Benefits Group

MAY 11, 2020

1Quote does it all, including offering: The ability to quote 9 different Michigan medical insurance carriers using only 1 census. Michigan small group ACA medical/rx rate generation for all participating carriers by simply adding a census and employer’s zip code. 1Quote is as simple and easy as it sounds!

Insurance Carriers 52

Insurance Carriers Medical Insurance Health Insurance 52

Benefit Resource Inc.

AUGUST 8, 2019

In this scenario, you may want to spend the extra time to research alternative coverage options through an exchange or directly through an insurance carrier. COBRA coverage is available for more than just medical insurance. Any employer-sponsored benefit is potentially eligible for COBRA coverage.

Insurance Carriers 51

Insurance Carriers Flexible Spending Account Medical Flexible Spending 51

Business Management Daily

FEBRUARY 26, 2020

Include a supervisor and HR staff member as well as an insurance carrier representative. Check with your workers’ comp insurance carrier or manager if you are self-insured about how long light-duty positions last. Some carriers prefer an almost indefinite light-duty placement.

Insurance Carriers 52

Insurance Carriers Workers’ Compensation Medical Insurance 52

WEX Inc.

JANUARY 19, 2023

A dependent eligibility audit is the process of verifying the eligibility of dependents enrolled in your health, dental, and vision benefits plans. By confirming you’re only covering eligible expenses, you maintain compliance with insurance carrier eligibility requirements while minimizing litigation risks and reducing stop-loss exposure.

Insurance Carriers 52

Insurance Carriers Taxes Electronics Health 52

Benefit Resource Inc.

DECEMBER 3, 2020

the way COBRA is being administrated by the insurance carrier. Thinking your group health plan is not subject to COBRA, or that you don’t have a group health plan. Group health plans refer to a host of items, including: Medical. Employee Assistance Programs (EAP). When people refer to COBRA, they are probably thinking of federal COBRA.

Insurance Carriers 40

Insurance Carriers IT Medical Benefit Providers 40

Genesis HR Solutions

SEPTEMBER 21, 2021

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.

Health Insurance 52

Health Insurance Insurance 401(k) Insurance Carriers 52

Genesis HR Solutions

AUGUST 13, 2019

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). We also offer the following: Group Health, Dental, and Vision. 401(k) Options. Life/AD&D. Health Savings Account.

Health Insurance 40

Health Insurance 401(k) Insurance Insurance Carriers 40

Genesis HR Solutions

AUGUST 9, 2018

Insurance types: Medical, dental, vision, disability, and life insurance plans. Sometimes changes made online don’t get through to the payroll processor or insurance carrier in time, so the employee or their dependents aren’t added to coverage until next month. Common Employee Benefits. 401(k) and retirement plans.

Employee Benefits 40

Employee Benefits 401(k) Health Insurance Insurance Carriers 40

Fringe Benefit Analysts

JANUARY 25, 2021

One of the best tools an employer can offer employees to help them reduce medical, dental, vision and daycare expense is a Flexible Spending Account (Section 125 Plan). Brokers like me get paid through commissions from insurance companies on the policies that we sell to members. Health FSA & DCAP Relief. .

Family and Medical Leave Act 40

Family and Medical Leave Act Paid Leave Health Insurance Insurance Carriers 40