Remove Employee Enrollments Remove Flexible Spending Account Remove Health Savings Account Remove IT
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HR Professionals… What’s Your Problem?

Benefit Resource Inc.

In fact, an overwhelming 95% of the public believes that making health care costs more transparent to patients should be a priority for Congress. The Kaiser report notes “Worries about rising prices are widespread among the public and health care costs are no exception. If this is your role, we know you have a thousand to-dos.

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FSA eligible expenses — what purchases count?

Business Management Daily

Open enrollment is underway for many companies right now and one benefits offering that may be on the menu this year is an FSA. Flexible Spending Accounts allow employees to set aside pre-tax dollars from their paycheck to use for medical or dependent care expenses. Wherever you fall, we have answers for you.

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Estimated Time on HR: Procuring Benefit Plans and Open Enrollment Administration Tasks

Stratus.HR

Forecast what they will pay throughout the year with employees coming and going . With finalized SPDs, it is time to prepare benefit guides for employees. Creating a full wrap document to comply with ERISA (Employee Retirement Income Security Act): 1 hour if digital . Administering a Flexible Spending Account (i.e.,

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Executive benefit reimbursement plans

Higginbotham

Executive benefit reimbursement plans for health care expenses have provided one way to fill in gaps left by normal group health plans, ensuring that your business leaders are properly covered. Health Reimbursement Arrangement and Group Health Plan. A health reimbursement plan gives employers a way to cover these costs.

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HDHPs can cover more preventive services

Business Management Daily

New preventive treatments and services are covered for employees who’ve been diagnosed with congestive heart failure, diabetes, coronary artery disease, osteoporosis and/or osteopenia, hypertension, asthma, liver disease and/or bleeding disorders and depression. And those dollar amounts may discourage employees from signing on.

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Help Employees Understand the HSA Value Proposition

Corporate Synergies

Educate employees on how to use these funds for current and future healthcare expenses. Health savings accounts can be a good deal for employees. Employers that have gone the HDHP route typically offer a qualified plan that includes a health savings account to help pay for qualifying medical expenses tax-free.

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From deductibles to wellness: Why benefits options matter

WEX Inc.

Smaller employers may face challenges in providing these options, although participants have said they are interested in these health plan choices. Participants are eligible for an HSA only if they’re enrolled in an HSA-eligible health plan, so the choice between these two accounts is related to providing choice in health plans.