Employee Enrollments Employment Flexible Spending Flexible Spending Account 
WEX Inc.
JULY 20, 2023
Nearly two-thirds of large employers offer their employees a choice between an HSA-eligible health plan (also known as a high-deductible health plan ) and a traditional health plan. Smaller employers may face challenges in providing these options, although participants have said they are interested in these health plan choices.
Business Management Daily
SEPTEMBER 9, 2021
Almost all health plans offer add-on accounts — health flexible spending accounts, health savings accounts, or health reimbursement accounts. You need to know how these accounts differ so you can communicate about them to employees. Health flexible spending accounts.
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Business Management Daily
NOVEMBER 15, 2021
Open enrollment is underway for many companies right now and one benefits offering that may be on the menu this year is an FSA. Employers are constantly looking for ways to remain competitive in their benefits offerings, and an FSA is a great add-on to your benefits package. Employers can choose one, but not both of these options.
HR Digest
APRIL 2, 2024
Unlike traditional benefit accounts such as Flexible Spending Accounts (FSAs) or Health Savings Accounts (HSAs), LSAs are primarily designed to cover a broad range of expenses related to employees’ physical, mental, and financial wellness. Image: Pexels What Is a Lifestyle Spending Account?
Benefit Resource Inc.
JUNE 1, 2023
” Although rising premium rates are an on-going challenge for employers, a primary (and popular) method to overcome this is to implement a high-deductible health plan (HDHP). Overcoming the Challenge Implement an HDHP with Complementary Accounts A growing number of employers have implemented an HDHP as a choice for employees.
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. These rules were all not mandatory and employers could choose whether to relax them or not.
Stratus.HR
OCTOBER 18, 2022
Answering employee questions about open enrollment: 1-3 hours . Following-up with outstanding employee enrollments: 1-2 hours . Overall, some employers report an average of 8 hours managing benefits enrollments , with 37% saying benefits administration involves “moderate to heavy paperwork.” .
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