WEX Inc.

MAY 8, 2023

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.

Deductible 97

Deductible Deductions Health Savings Account Employee Enrollments 97

Business Management Daily

AUGUST 30, 2024

For dependent-care benefits, employees may change their pretax deductions if: The safety or quality of their current day care provider raises concerns. The day care provider has age cutoffs and won’t take infants, and employees don’t want to split up their kids at different providers. A day care center raises it rates.

Deductions 52

Deductions Deductible Employee Enrollments Medical 52

Winston Benefits

OCTOBER 31, 2017

Mergers and acquisitions can cause a lot of disruption in the employee population. While everyone involved is looking at merging operations and culture, things like employee benefits communication can get lost in the mix. But this puts the success of the merger at risk.

Employee Enrollments 45

Employee Enrollments Health Savings Account Education Employee Benefits 45

BerniePortal

OCTOBER 12, 2020

Open enrollment is approaching, which means it's time for HR to begin thinking about strategy—and that strategy needs to include more than just the benefits you're offering. Administrators must consider how to get their employees enrolled in the available benefits. What's the difference? Is there a better option?

Employee Enrollments 75

Employee Enrollments IT Healthcare 75

InterWest Insurance Services

AUGUST 18, 2022

.” Employees cannot change their minds and make changes to pre-tax cafeteria elections during the plan year, once benefits become effective — unless a special enrollment period as defined under IRC Section 125 applies , or the employer is correcting an administrative error. This is not correct.

Insurance Carriers 96

Insurance Carriers Taxes Employee Enrollments Health Insurance 96

InterWest Insurance Services

MARCH 7, 2024

They are only available to employees enrolled in a high-deductible health plan. HDHPs feature lower premiums in exchange for a higher deductible, meaning the employees have to pay more out of pocket before coverage kicks in. Withdrawals to reimburse for these expenses are also not taxed.

401(k) 98

401(k) Health Savings Account Pharmaceutical Deductible 98

BerniePortal

JUNE 23, 2021

If an employee enrolls in a high-deductible health plan (HDHP) mid-year, how does that affect the amount they can contribute to their health savings account (HSA)? Changing life events in the middle of the year usually means changes to your health insurance plan.

Health Savings Account 64

Health Savings Account Employee Enrollments Health Insurance Deductible 64

InterWest Insurance Services

JANUARY 20, 2022

The average employee share of premiums for employees enrolled in an individual PPO plan rose just $7 to $167 in 2021, and $12 for family coverage ($590 to $602). Among large employers, the median individual deductible in high-deductible health plans dropped to $1,850 in 2021 from $2,000 in 2020.

Employment 98

Employment Deductible Deductions Employee Enrollments 98

Insperity

APRIL 29, 2021

When PEOs assume responsibility for providing benefits, they also assume responsibility for educating employees on their benefit plans. The PEO will also handle employee enrollments and benefit plan questions, and many PEOs offer decision support tools to help employees choose the best options.

Employee Benefits 128

Employee Benefits Health Insurance Benefits Package Insurance 128

Best Money Moves

SEPTEMBER 9, 2020

A survey by MetLife found that employees dread open enrollment almost as much as going to the DMV to renew their driver’s license and 20 percent of them spend only a few minutes reviewing benefits plans before making a selection. Preparing for Virtual Open Enrollment in 2020.

Utilities 91

Utilities Employee Enrollments Benefits Package Healthcare 91

WEX Inc.

JULY 20, 2023

More dental and vision Among employers with benefits administration through WEX , 68% of eligible employees enrolled in vision and 77% of eligible employees enrolled in dental. However, not all employees are offered these benefits. Those who are offered them told us they don’t always cover enough of their costs.

Deductible 75

Deductible Deductions Flexible Spending Account Health Savings Account 75

InterWest Insurance Services

JANUARY 17, 2023

If your firm has fewer than 20 employees, workers who are 65 or older can no longer contribute to an HSA as they are not compatible with Medicare. Employees who are 65 or older should stop making contributions to their HSA six months before they enroll in Medicare or before they apply for Social Security benefits if they are still working.

Health Insurance 97

Health Insurance Insurance Health Savings Account Hospitality 97

Proskauer's Employee Benefits & Executive Compensa

JANUARY 4, 2023

For ALEs , this relief only applies to the requirement to provide Forms 1095-C (and/or Forms 1095-B if the coverage is self-insured) to non-full-time employees and non-employees enrolled in the self-insured plan. Thus, ALEs will still have to furnish the applicable forms to full-time employees in the traditional manner.

Insurance 105

Insurance Employee Enrollments Taxes Consulting 105

Employee Benefits

MAY 29, 2024

Taking the time to understand and respond to feedback can foster a positive work environment and ensure employees are getting what they need. Andreas Hunter, head of wellbeing at Gallagher, says: “Organisations should review employee enrolment and flex data to provide insights.

Employment 116

Employment Education Employee Enrollments Technology 116

Wellable

NOVEMBER 6, 2019

A recent study of employees enrolled in an incentive-based wellness program revealed cost savings to both the employees and their employer as well as improvement in other health measurements.

Employee Enrollments 56

Employee Enrollments Employment 56

InterWest Insurance Services

MARCH 28, 2024

One such employee enrolled in one of your group health insurance plans can result in massive costs that overshadow those of the rest of your workforce if you are a small or mid-sized employer.

Employment 98

Employment Pharmaceutical Health Insurance Medical 98

InterWest Insurance Services

FEBRUARY 20, 2024

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.

Deductions 98

Deductions Deductible Out of Pocket Cost Health Savings Account 98

InterWest Insurance Services

DECEMBER 9, 2021

As we enter 2022, there are a number of changes on the horizon that plan sponsors need to be aware of as they will affect group health plans as well as employees enrolled in those plans. Some of the changes concern temporary rules that were implemented during the COVID-19 pandemic.

Health Insurance 98

Health Insurance Insurance Insurance Carriers Flexible Spending Account 98

Griffin Benefits

OCTOBER 13, 2022

Affordability for the family tier is based on whether the employee contribution exceeds the applicable percentage of household income (9.61% for 2022 and 9.12% for 2023) – since employers don’t know household income they won’t have any insight into whether family members are eligible for subsidies unless the employee contribution towards family meets (..)

Taxes 92

Taxes Employee Enrollments Consulting Medical 92

Benefit Resource Inc.

OCTOBER 7, 2021

Similarly, when it comes to Open Enrollment, there are two big questions to ask: What method or platform are your employees using to enroll? The way your employees enroll will influence how that information is sent to your TPA. How are you sending that information to your Third Party Administrator (TPA)?

Employee Enrollments 74

Employee Enrollments Benefits Package Taxes Education 74

15Five

FEBRUARY 13, 2020

Learn how to create a mindset shift for yourself and your employees. Enroll in the Best-Self Academy! This borders on mystical voodoo magic, and yet it’s probably one of the truest principles that I’ve discovered. David : I think that there’s a lot of truth to that in my experience.

Employee Enrollments 99

Employee Enrollments Engineering Management IT 99

InterWest Insurance Services

JANUARY 18, 2024

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.

Out of Pocket Cost 83

Out of Pocket Cost Deductible Deductions Voluntary Benefits 83

Benefit Resource Inc.

APRIL 1, 2020

Here are the main updates employees should know about. Money savvy employees enrolled in these accounts are probably aware that one of the benefits of the account (apart from the tax savings) is the ability to make election changes throughout the year. (Changes to Medical FSAs are currently not permitted).

Taxes 75

Taxes Employee Enrollments Medical Employment 75

Flimp Communications

JULY 24, 2020

At Flimp, we build video functionality into our decision-support tools to make it easy for companies to use video when explaining benefits and helping employees enroll. Navigating the realm of socially distant, virtual benefits enrollment, video is the go-to substitute for many in-person interactions.

Benefits Package 75

Benefits Package Retirement Plan Healthcare Employee Enrollments 75

Benefit Resource Inc.

AUGUST 13, 2019

According to a recent article from SHRM covering research from the Employees Benefit Research Institute (EBRI), enrollment in an HDHP promotes more conscious health care purchase decisions. For example, 55% of employees enrolled in an HDHP checked whether their health plan would cover their care or medication.

Deductions 45

Deductions Deductible Health Savings Account Employee Enrollments 45

Flimp Communications

NOVEMBER 7, 2019

It’s easy to miss factors that increase ROI in the long term, like gradual improvement of employee enrollment in voluntary offerings. For a massive change like a digital transformation, the returns may not be obvious or immediate. A Plan with Too Many Details.

Management 71

Management Employee Enrollments Health Insurance Construction 71

Empuls

SEPTEMBER 9, 2024

  Examples Quest Diagnostics Implemented an enhanced engagement program including engagement platforms that led to over 1,000 employees enrolling, marking their highest rate of engagement in the past five years. KPMG utilized various engagement strategies including employee feedback tools, engagement platforms etc.,

Software 40

Software Technology Utilities Employee Enrollments 40

HR Digest

MARCH 28, 2023

A 401(k) plan is a type of retirement account offered by employers to their employees. It allows employees to save a portion of their pre-tax income for retirement. The contributions are deducted from the employee’s paycheck before taxes are withheld, which reduces their taxable income. How does 401(k) work?

401(k) 64

401(k) roth 401(k) Retirement Plan IT 64

Flimp Communications

SEPTEMBER 26, 2019

As technology continues to transform open enrollment, employees need a different kind of help when searching for the best healthcare choices for them and their families. Happy employees enrolled in optimal benefits packages save money and boost engagement. From Onboarding to Benefits Training.

Benefits Package 65

Benefits Package Education Employee Enrollments Technology 65

HR Digest

DECEMBER 17, 2019

Health Insurance: The workers will be entitled to enroll with the comprehensive health plan which will help them overcome the future financial assistance that may arise due to an unknown event or accident that harms their health or body. The benefits will be equitably offered to all the employees.

Paid Vacation 64

Paid Vacation Overtime Health Insurance Insurance 64

Benefit Resource Inc.

APRIL 18, 2019

This person will be referred to as “the covered employee” through the blog. Again, the second person is the covered employee’s spouse (who is a dependent). Typically, when a covered employee enrolls in COBRA, they and their dependent receive 18 months of benefits through COBRA.

Health 82

Health Medical Employee Enrollments Employment 82

Winston Benefits

OCTOBER 25, 2017

For 2017, 92 percent of employees enrolled in benefits programs, with voluntary benefit participation rising markedly. Accident insurance enrollment went up more than 20 percent; critical illness insurance enrollment rose more than 28 percent and hospital indemnity jumped 58 percent. This level of engagement gets results.

Manufacturing 45

Manufacturing Food Technology Employee Enrollments 45

Winston Benefits

AUGUST 6, 2019

With open enrollment (Nov. 15) fast approaching, it’s not too early to consider some of the changes that may affect your employees’ enrollment experiences. Benefits legislation is constantly in flux, but if you’re prepared, you’ll know what to expect from the 2020 open enrollment process. 1 through Dec.

Employee Enrollments 40

Employee Enrollments 40

Empuls

AUGUST 28, 2024

The role of employee benefits providers Employee benefits providers play a critical role in enhancing employee satisfaction and retention by offering comprehensive benefits packages that meet the diverse needs of today’s workforce. 

Benefit Providers 40

Benefit Providers Employee Benefits 401(k) Retirement Plan 40

Empuls

AUGUST 20, 2024

Maintaining employee wellness in the form of workshops, ergonomic care, and health benefits breeds a positive and productive workforce that works twice as hard to capture new opportunities for your brand. 

Employee Wellness 40

Employee Wellness Healthcare Employee Retention Employee Enrollments 40

InterWest Insurance Services

SEPTEMBER 16, 2024

As open enrollment is right around the corner, now is the time to make a plan to maximize employee enrollment and help your staff select the health plans that best suit them. Here are some pointers to make open enrollment fruitful for both your staff and your organization.

Employee Enrollments 52

Employee Enrollments Health Insurance Human Resources Insurance 52

Winston Benefits

JANUARY 31, 2022

Brianna: The employee enrollment experience has been one of the most important improvements Winston makes … Continue reading "Employee Spotlight – Talking HRally ® Evolution with Lead Implementation Analyst, Brianna Coulson".

Employee Enrollments 40

Employee Enrollments IT 40