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Should I Enroll in a High Deductible Health Plan with an HSA?

Stratus.HR

Considering they have lower premiums and provide the ability to use pre-tax dollars to pay for out-of-pocket costs, what’s not to love? Well, there’s a flipside of HDHPs and HSAs that includes a higher deductible and added out-of-pocket costs. So how do you know if this is the right plan for you?

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16+ types of employee benefits you should consider

Genesis HR Solutions

There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. Medical Insurance. Medical insurance is likely a no-brainer— it’s one of four major types of benefits most employers offer. Flexible Spending Account (FSA).

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Employee benefits for small businesses

Higginbotham

For workers with conditions that last for more than about a week, this can be a serious concern, and while the Family and Medical Leave Act provides guaranteed job protection, it does not guarantee pay. This can leave workers with many out-of-pocket costs. Disability insurance provides a practical solution.

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The Consolidated Appropriations Act: 2021’s Employee Benefits Provisions

McNees

Here is what you should know: Temporary Special Rules for Health and Dependent Care Flexible Spending Arrangements. Mid-Year Election Changes: The Act permits plans to allow employees to prospectively change their health or dependent care flexible spending arrangement elections without a change in status at any time in 2021.