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Fully Insured vs Self-Insured vs Level-Funded: What Does It All Mean To The Small Employer?

Fringe Benefit Analysts

 Small employers looking for ways to control their group health insurance costs are more closely examining what it means to be “ fully insured.” What Is a Fully Insured Health Plan? Fully insured” is what most people mean by “ insurance ” or group health insurance.

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5 ways insurance brokers benefit from working with a PEO

Insperity

The broker-PEO relationship Employee benefits brokers and property & casualty insurance brokers help their clients find and purchase comprehensive, high-quality coverage at the best possible price by engaging directly with several insurance carriers. Rather, their work complements the other. What’s in it for them?

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Zenefits

HR Lineup

The platform integrates with popular payroll providers and insurance carriers to provide real-time data and insights into benefits and HR programs. Zenefits’ platform offers a wide range of benefits products including health, dental, and vision insurance, life insurance, 401(k) plans, and other voluntary benefits.

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PlanSource

HR Lineup

The platform offers a wide range of benefits administration solutions, including health and wellness programs, retirement planning, and employee insurance plans. The company works with some of the largest insurance carriers in the country, making it easy for employers to offer a range of benefits to their employees.

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What is a benefits broker and how can they simplify employee benefits?

Higginbotham

This involves tailoring core benefits like health, dental and vision insurance while incorporating voluntary options, such as disability insurance, mental health benefits or life insurance. Compliance Support: Navigating employee benefit regulations , especially those related to health care, can be challenging.

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Why employee wellness matters – and how it’s good for business

Insperity

Emphasize wellness in benefits offerings Most standard benefits packages include things like health insurance, a 401(k) retirement plan and PTO. Many of these services may be available through current insurance carriers as value-add programs. But from a business perspective, people are your company’s strongest asset.

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Top 4 reasons why you should add a dependent eligibility audit to your benefits strategy

WEX Inc.

By confirming youre only covering eligible expenses, you maintain compliance with insurance carrier eligibility requirements while minimizing litigation risks and reducing stop-loss exposure. When employers have performed a dependent eligibility audit with WEX, theyve seen savings of $3,000 to $5,000 per plan member, per year.