Benefit Resource Inc.

JANUARY 16, 2020

The buzz phrase “health and wellness” is currently widely used to reference services or products that take a more holistic approach to care. So, how will this affect tax advantaged accounts like Flexible Spending Accounts and Health Reimbursement Accounts? Read more about the changes here.

Health Savings Account 73

Health Savings Account Flexible Spending Account Flexible Spending Taxes 73

Higginbotham

JULY 12, 2022

For example: In an individual coverage health reimbursement arrangement, the health reimbursement arrangement is offered in place of a group health plan, allowing employees to purchase a health plan on their own. Integrated health reimbursement arrangements are designed to work with the group health plan.

Out of Pocket Cost 52

Out of Pocket Cost Flexible Spending Account Medical Deductions 52

Corporate Synergies

AUGUST 6, 2018

Health savings accounts can be a good deal for employees. High deductible health plans (HDHPs) are on the rise as a growing number of employers turn to consumer-directed health plans to try to curb costs—the portion of employees enrolled in HDHPs rose from 26.3% As Seen In. in 2011 to 39.3%

401(k) 40

401(k) Health Savings Account Retirement Plan Deductions 40

Benefit Resource Inc.

DECEMBER 4, 2018

Diabetes equipment for staying on top of your blood sugar… Multiple diabetic supplies are available for purchase through your Flexible Spending Account. Health technology pick: A glowing complexion. It was also listed as the #1 beauty breakthrough product of 2017 by Cosmo. Or your Health Savings Account*).

Technology 45

Technology Flexible Spending Account Flexible Spending Health Savings Account 45

Benefit Resource Inc.

OCTOBER 30, 2018

According to the 2017 Benefits Communication Survey from Jellyvision, almost half of employees report enrolling in benefits as “always very stressful” That’s scary. in 2017 revealed several key areas within pre-tax benefits where participant understanding needs improvement. What makes enrolling in benefits stressful?

Flexible Spending Account 56

Flexible Spending Account Taxes Health Savings Account Healthcare 56

Corporate Synergies

FEBRUARY 11, 2019

Patient financial responsibility is on the rise—average out-of-pocket costs rose 11% in 2017 alone. Employers can help make the process a little easier with the right communication tools. A flexible spending account (FSA), which can be used to cover childcare and medical costs tax-free.

Health Insurance 47

Health Insurance Insurance Insurance Carriers Out of Pocket Cost 47

AssuredPartners

FEBRUARY 3, 2020

The US Supreme Court ruled that the ACA individual mandate penalty (tax) was constitutional in 2012, and in December of 2017, Congress passed the Tax Cuts and Jobs Act, which reduced the individual mandate penalty to zero as of January 1, 2019. Please discuss those requirements with your Account Manager.)n"},{"insert":{"image":"data:image/jpeg;base64,/9j/4AAQSkZJRgABAQEAYABgAAD/4RD4RXhpZgAATU0AKgAAAAgABAE7AAIAAAAPAAAISodpAAQAAAABAAAIWpydAAEAAAAeAAAQ0uocAAcAAAgMAAAAPgAAAAAc6gAAAAgAA

Taxes 52

Taxes Flexible Spending Account Flexible Spending Healthcare 52