article thumbnail

Voluntary Benefits Improve Employee Satisfaction and Retention

InterWest Insurance Services

The employer deducts any fees or premiums for these benefits from employee paychecks and forwards them in a single batch to the benefit vendors. cancer insurance) Pet insurance. One reason: More employers are offering high-deductible plans as health insurance costs continue to increase.

article thumbnail

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. Providers in an insurer’s network may charge vastly different rates for the same procedure.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Providers in an insurer’s network may charge vastly different rates for the same procedure.

article thumbnail

Executive benefit reimbursement plans

Higginbotham

This may be a good option for employers that want to simplify their health plan administration while giving employees flexibility. Integrated health reimbursement arrangements are designed to work with the group health plan. Amounts paid for health insurance premiums. Manage enrollment.