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Four High Deductible Health Plan Mistakes to Avoid

InterWest Insurance Services

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. HSAs are tax-advantaged accounts that allow enrollees to save up to pay qualified medical expenses.

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Four Ways to Ensure Your Group HDHP Will Fail

InterWest Insurance Services

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. HSAs are tax-advantaged accounts that allow enrollees to save up to pay qualified medical expenses.

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Executive benefit reimbursement plans

Higginbotham

In the simplest terms, a medical expense reimbursement plan refunds employees for covered medical costs. Even with health insurance, dental insurance and vision insurance, employees tend to end up with some out-of-pocket costs that aren’t covered by their various plans.

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16+ types of employee benefits you should consider

Genesis HR Solutions

There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. Medical Insurance. Medical insurance is likely a no-brainer— it’s one of four major types of benefits most employers offer. Disability.

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Employee benefits for small businesses

Higginbotham

Different health plan types come with both advantages and disadvantages, including differences in cost, risk and employee involvement/education. Disability Insurance and Life Insurance. Life insurance is a popular choice. Disability insurance is another popular option.

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The Consolidated Appropriations Act: 2021’s Employee Benefits Provisions

McNees

Currently, a pension plan may elect, under Section 420, to transfer excess pension assets over a designated period of time to fund certain retiree health and life insurance costs. Preventing Surprise Medical Bills. Reporting on Pharmacy Benefits and Drug Costs. Excess Pension Asset Transfers.