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Voluntary Benefits Improve Employee Satisfaction and Retention

InterWest Insurance Services

Multiple studies have consistently shown that a robust set of employee benefits is a vital component of an overall compensation package. As a result, many employers are increasingly turning to voluntary employee benefits, which allow them to provide valued, high-demand benefits to employees at little or no cost to the company.

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From deductibles to wellness: Why benefits options matter

WEX Inc.

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. Ideally, more vision options.” Dental program is not very good.”

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What Is Group Insurance Coverage and How Does It Work?

Fringe Benefit Analysts

Employers who do not offer coverage can have a more difficult time attracting recruits and retaining employees. Group health insurance may cover a range of health care needs, including medical, vision or dental. Employers select a plan, then offer it to their employee who may decide to participate or not. How To Enroll.

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HR Professionals… What’s Your Problem?

Benefit Resource Inc.

Employees can use two tax-advantaged accounts to cover many primary eligible expenses. The HSA can be used for a variety of health expenses, while the Limited FSA provides coverage exclusively for vision and dental expenses. But HSAs offer a triple tax benefit that many employees can take advantage of.

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GoCo

HR Lineup

The platform streamlines HR processes and benefits administration by offering a single, centralized platform for employees to access and manage their benefits, from health insurance and retirement plans to time-off tracking and more. One of the key benefits of GoCo is its ease of use.

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FSA eligible expenses — what purchases count?

Business Management Daily

This allows you to use pre-tax dollars to cover copays, out-of-pocket medical, vision, or dental expenses, and purchase eligible health care products. The maximum that an employee may contribute to a healthcare FSA is $2,750. Out-of-pocket expenses for vision care including eye exams, eyeglasses, contact lenses, and eye surgery.

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Medicare Series: Part 2 – Understanding how Medicare and COBRA interact

Benefit Resource Inc.

We will cover two main topics: When someone enrolled in COBRA becomes eligible for Medicare. 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.

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