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10 Best Benefits Administration Software in 2023

HR Lineup

Benefits Administration Software, often referred to as “Benefits Admin Software” or “BAS,” is a specialized technology solution designed to streamline and simplify the management of employee benefits programs. Top 10 Benefits Administration Software of 2023 1.

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What is a 401(k) Plan and How Does it Work?

HR Digest

Having a retirement plan is an important aspect of financial planning. One popular way to get your retirement plan sorted in the United States is through a 401(k) plan. A 401(k) plan is a type of retirement account offered by employers to their employees. How does 401(k) work?

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4 HDHP trends you don't want to miss

WEX Inc.

PPO deductible Nearly two-thirds of large employers provide their employees with the choice of an HDHP and a traditional health plan , such as a preferred provider organization (PPO). Typically, an employee enrolled in a PPO will have higher premiums and a lower deductible than an employee enrolled in an HDHP.

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GoCo

HR Lineup

GoCo is a platform that offers a comprehensive suite of employee benefits solutions to businesses of all sizes. One of the key benefits of GoCo is its ease of use. The platform integrates with various HR systems and payroll providers, making the process of benefits administration and tracking seamless for HR departments.

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ChartHop

HR Lineup

In addition to compensation management, ChartHop also provides a comprehensive benefits management module. This module enables HR teams to track employee benefits, including health insurance, retirement plans, and other perks.

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The Role of Benefits Decision Support in the New Normal

Flimp Communications

But thanks to new technology and products building on video communications, employees are getting more information about their benefit options faster. It’s allowing them to make smart and relatively painless decisions about their healthcare coverage and other benefits like retirement plans.

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Help Employees Understand the HSA Value Proposition

Corporate Synergies

High deductible health plans (HDHPs) are on the rise as a growing number of employers turn to consumer-directed health plans to try to curb costs—the portion of employees enrolled in HDHPs rose from 26.3% Unfortunately, many employees aren’t getting the full HSA value. But do they really understand HSA value?

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