BerniePortal
JUNE 23, 2021
Changing life events in the middle of the year usually means changes to your health insurance plan. 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)?
WEX Inc.
MAY 8, 2023
More employees are enrolling in a high-deductible health plan (HDHP) each year, including more than half of U.S. But there are still misunderstandings that exist among employees about the significant value of an HDHP (or HSA-eligible health plan) and how it compares to a traditional health plan.
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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. HSAs are tax-advantaged accounts that allow enrollees to save up to pay qualified medical expenses.
InterWest Insurance Services
JANUARY 17, 2023
How Medicare eligibility affects health savings accounts. Discontinuing group health coverage. If you plan to discontinue coverage for employees who are turning 65, you should communicate with them well ahead of the time they need to sign up for Medicare. The group health insurance is the secondary payer.
InterWest Insurance Services
NOVEMBER 10, 2022
One of the most difficult aspects of annual open enrollment is reaching workers who are disengaged from the process and never bother signing up for your group health plan and other benefits they could take advantage of. Also consider that one in three employees are uncertain about their ability to cover future health care expenses.
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. HSAs are tax-advantaged accounts that allow enrollees to save up to pay qualified medical expenses.
Winston Benefits
OCTOBER 31, 2017
We recently helped an organization manage benefits communication through a merger by offering licensed benefits counselors who met with 4,500 new employees and 3,600 existing employees. As a result, plan participation went up, and 73 percent of new employees migrated to a consumer-driven health plan with a health savings account.
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