InterWest Insurance Services

SEPTEMBER 27, 2023

This is an important exercise to ensure that any of your workers don’t pick a plan that costs them too much in premium if they rarely use their health insurance, or costs them too much in out-of-pocket expenses if they are frequent users of health care. Get an early start If your plan year starts Jan.

Out of Pocket Cost 91

Out of Pocket Cost Flexible Spending Account Health Savings Account Health Insurance 91

Higginbotham

FEBRUARY 21, 2023

Cost Sharing in Insurance Although insurance companies take responsibility for many of the costs that arise, policyholders are also responsible for some out-of-pocket costs on top of the premium. This is called cost sharing, and it’s common in many types of insurance. What about the out-of-pocket maximum?

Health Insurance 52

Health Insurance Out of Pocket Cost Insurance Deductions 52

Higginbotham

NOVEMBER 28, 2022

An HSA is a special type of savings account. The owner of the account can use it to pay for qualified medical expenses. Unlike Flexible Spending Accounts (FSAs), which are owned by employers, individuals own HSAs. Offering Health Savings Accounts. Custom Benefits Packages. Who can own an HSA?

Health Savings Account 52

Health Savings Account Out of Pocket Cost Deductions Deductible 52

Business Management Daily

NOVEMBER 15, 2021

Open enrollment is underway for many companies right now and one benefits offering that may be on the menu this year is an FSA. Employers are constantly looking for ways to remain competitive in their benefits offerings, and an FSA is a great add-on to your benefits package. Wherever you fall, we have answers for you.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Medical Healthcare 98

Higginbotham

JULY 12, 2022

Executive benefit reimbursement plans for health care expenses have provided one way to fill in gaps left by normal group health plans, ensuring that your business leaders are properly covered. In the simplest terms, a medical expense reimbursement plan refunds employees for covered medical costs. Educate executives on the benefit.

Out of Pocket Cost 52

Out of Pocket Cost Flexible Spending Account Medical Deductions 52

Higginbotham

JANUARY 27, 2023

Glassdoor surveyed workers and found that when choosing between a high-paying job and a low-paying job with better benefits, health insurance and flexible hours could spur them to pick the lower-paying job with better benefits. A benefits package can also boost your company’s bottom line by supporting a healthy workforce.

Health Insurance 52

Health Insurance Insurance Benefits Package Out of Pocket Cost 52

Insperity

OCTOBER 31, 2017

From employer-sponsored health insurance to retirement savings plans, an attractive benefits package can help you hire the best employees and ensure you retain them for many years to come. But as incredible as it may seem, many employees don’t take full advantage of all the benefit options their employer offers.

Out of Pocket Cost 82

Out of Pocket Cost Disability Insurance Health Insurance Flexible Spending Account 82