HR Lineup

OCTOBER 18, 2023

In 2023, there are numerous benefits administration software options available, each with its unique features and advantages. In this article, we will explore the 10 best benefits administration software options for 2023. Top 10 Benefits Administration Software of 2023 1. What is Benefits Administration Software?

Software 79

Software Retirement Plan Health Insurance Payroll 79

AssuredPartners

OCTOBER 13, 2022

As a result of this Notice, on and after January 1, 2023, participants in a Sec. Pending any additional guidance, these changes will officially go into effect on or after January 1, 2023. August 2, 2022: ACA Affordability Rates Announced for 2023 125 of the Internal Revenue Code (IRC) to align with the conditions of this Notice.

Health Insurance 98

Health Insurance Benefit Providers Flexible Spending Insurance 98

InterWest Insurance Services

MARCH 7, 2024

Usually, these accounts are funded with pre-tax deductions from your employees’ paychecks, but if they didn’t max out their contributions last year, they still can do so up until the tax-filing deadline. Under IRS rules, for 2023 employers and employees can contribute a combined $3,850 for single employees and $7,750 for families.

401(k) 89

401(k) Health Savings Account Pharmaceutical Deductions 89

InterWest Insurance Services

MARCH 28, 2024

One such employee enrolled in one of your group health insurance plans can result in massive costs that overshadow those of the rest of your workforce if you are a small or mid-sized employer. Pharmacy spending Between 2020 and 2023, the average per member per month pharmacy spend increased 38% from $86 to $119.

Employment 93

Employment Pharmaceutical Health Insurance Medical 93

InterWest Insurance Services

MARCH 1, 2024

The employer deducts any fees or premiums for these benefits from employee paychecks and forwards them in a single batch to the benefit vendors. According to a recent LIMRA study, seven out of 10 employers surveyed reported that they believe offering voluntary benefits improves employee morale and satisfaction.

Voluntary Benefits 95

Voluntary Benefits Disability Insurance Deductions Deductible 95

Employer Connection

AUGUST 17, 2023

The Vitality Refer a Friend event*is now live and runs through the end of October 2023. Are your covered employees* looking to earn easy Vitality points and get their coworkers to join them in a health fitness journey? Employees can earn 100 Vitality points for each referral while referrals earn 100 points for signing up.

Employee Enrollments 40

Employee Enrollments Medical Management 40

InterWest Insurance Services

FEBRUARY 20, 2024

With more than half of all private sector employees enrolled in high-deductible health plans , it’s important that employers have in place certain protocols to ensure that they are a success. The key to ensuring that the HDHP is a success in part comes down to avoiding four common mistakes.

Deductions 90

Deductions Deductible Out of Pocket Cost Health Savings Account 90