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Group Health Insurance Considerations For Staff Working Past Retirement Age

InterWest Insurance Services

That said, workers who are still on your plan should sign up for Original Medicare Part A (hospital insurance) when they are first eligible. Medicare Part A, which is premium-free, provides secondary coverage of hospital expenses that may not be covered by your group plan.

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HDHPs can cover more preventive services

Business Management Daily

An ounce of prevention may be worth a pound of cure, but up until this point, high-deductible health plans have been boxed in regarding tax-free reimbursements for most preventive care services or items. Reason: With certain exceptions, HDHPs can’t start reimbursing employees until they meet those high deductibles.

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6 Strategies to Simplify Your Benefits Enrollment

Insperity

To start, develop a printed piece or internal website that includes: A comparison list of what in-network and out-of-network physicians and hospitals are covered. A side-by-side comparison of premiums, contributions and/or deductibles for each option. It can help guide employees through the process, saving time and reducing stress.

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Voluntary Benefits Improve Employee Satisfaction and Retention

InterWest Insurance Services

How voluntary benefits work Voluntary benefits are arranged by employers but either paid for by staff via payroll deduction or by the employers themselves. The employer deducts any fees or premiums for these benefits from employee paychecks and forwards them in a single batch to the benefit vendors.

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6 Strategies to Simplify Your Benefits Enrollment

Insperity

To start, develop a printed piece or internal website that includes: A comparison list of what in-network and out-of-network physicians and hospitals are covered. A side-by-side comparison of premiums, contributions and/or deductibles for each option. It can help guide employees through the process, saving time and reducing stress.