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Are Level Funded Health Plans Your New Benefits Alternative?

PeopleStrategy

They are a hybrid approach to providing healthcare coverage that combines elements of traditional fully-insured plans with those of self-funded plans. With a level funded plan, your business pays a fixed monthly amount (a level fee, similar to a premium) to an insurance carrier or third-party administrator.

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This Company Is Changing the Employee Benefits Game

CorpStrat

Are you an employer looking for a new and innovative health insurance plan to offer your employees? Wouldn’t it be amazing if there was a new company in the market that actually did something different from all the traditional insurance carriers? Give your current and prospective employees a benefits package to brag about.

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Let the benefits renewal process begin

PeopleStrategy

Here are a few key benefits renewal steps to keep in mind as you start this journey. Evaluate your current benefits package. One key step in the benefits renewal process is to take a close look at your current employee benefits program. Start by looking at bottom-line factors like cost and scope of coverage.

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Wondering how to choose a professional employer organization (PEO)? Ask 7 questions

Insperity

As a co-employer, the PEO you choose will ultimately take responsibility for payroll processing, providing workers’ compensation insurance coverage, providing an employee benefits package and a host of other sensitive human resources (HR) and administrative tasks.

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4 Health Insurance Options For Small Business Owners

Genesis HR Solutions

In the small group market: Rates are regulated Plans typically require 70% or more employee participation Plan options may be limited Carriers have contribution requirements. Either way, your small business has access to certain products, which usually don’t include many of the more robust insurance plans offered to larger companies.

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PEO vs. HRO: Which Is Better?

Genesis HR Solutions

Payroll, benefits, HR, tax administration, and regulatory compliance assistance are some of the many services PEO companies provide to growing businesses across the country.”. PEOs select and manage the third-party partners that best fit the collective group of clients served (insurance carriers, for example).

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ASO vs. PEO: What’s the difference?

Genesis HR Solutions

An administrative service offering (ASO) is a service businesses use to outsource administrative functions, including employee benefits, payroll, HR management, workers compensation, and safety programs. Health and welfare benefits and COBRA. Payroll processing and payroll tax compliance. Click To Tweet.