Remove Benefits Package Remove Flexible Spending Remove Hospitality Remove Out of Pocket Cost
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What does coinsurance mean in health insurance?

Higginbotham

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?

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16+ types of employee benefits you should consider

Genesis HR Solutions

Below, we’ve loosely categorized these types of employee benefits and given a basic definition of each. Medical insurance is likely a no-brainer— it’s one of four major types of benefits most employers offer. It covers things including hospital and doctor visits, surgeries, and prescriptions. Flexible Spending Account (FSA).

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5 ways you can help employees get the most from their benefits

Insperity

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.