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Voluntary Benefits Improve Employee Satisfaction and Retention

InterWest Insurance Services

Once the employee enrolls in a voluntary benefit plan, payroll services companies routinely automate this process for employers, making ongoing benefits administration hassle-free for small businesses. cancer insurance) Pet insurance. cancer insurance) Pet insurance.

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Is Your Business Doing Enough to Prevent Workplace Violence?

InterWest Insurance Services

Besides the human toll, a number of insurance policies may come into play after an incident. While three-quarters of the non-fatal victims worked in health care, more than 30% of those killed worked in retail. A California law taking effect July 1, 2024 will require employers to implement written workplace violence prevention plans.

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4 HDHP trends you don't want to miss

WEX Inc.

More employees are enrolling in a high-deductible health plan (HDHP) each year, including more than half of U.S. But there are still misunderstandings that exist among employees about the significant value of an HDHP (or HSA-eligible health plan) and how it compares to a traditional health plan.

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Employers Wrestling with Covering Weight-Loss Drugs

InterWest Insurance Services

The explosion in demand for new, costly and highly effective weight-loss and diabetes drugs is poised to play an outsized role in increasing the cost of health care, and in turn, health insurance in America. in 2023, compared to an increase of 6.4% in 2022, according to a report by Mercer. In November 2023, Eli Lilly & Co.

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What Is HR Information Systems, A Comprehensive Guide to HR Information Systems

Qandle

The integration of HRIS with other business systems is common for seamless data flow. The integration of HRIS with other business systems, such as Enterprise Resource Planning (ERP) systems, is common to ensure seamless data flow across different departments. What Is HR Information Systems ?

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QSEHRAs and what they mean for your small business

WEX Inc.

If you’re a small business owner, the qualified small employer health reimbursement arrangement (QSEHRA) might be the benefits plan you’re looking for. A QSEHRA is a tax-advantaged benefits plan funded by the employer that employees can tap into to pay for eligible expenses. There are 4 common types of HRA’s.

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HSA vs. FSA: See how you’ll save with each

WEX Inc.

Participating in a health savings account (HSA) or flexible spending account (FSA) is a great way to save money. Health savings account An HSA is an individually owned benefits plan funded by you or your employer that lets you save on purchases of eligible expenses. For dependent care FSAs, the limit is $5,000.

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