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. Then their insurance would cover everything at 100%.

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. Then their insurance would cover everything at 100%.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Executive benefit reimbursement plans

Higginbotham

These expenses include life insurance premiums, income protection premiums, childcare, marijuana or other controlled substances that are illegal under federal law, cosmetic surgery, funeral expenses, maternity clothing, nutritional supplements, household help and personal items such as toothbrushes, among other things.

article thumbnail

How to Help Employees Make Benefits Decisions

Winston Benefits

Your employees make a lot of decisions during their work day, but one of the most important decisions they’ll make comes once a year: what to do about their employee benefits. Tech-based tools can make it easier for employees to plan, budget and plug the gaps in their insurance needs. Plan-comparison tools.

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. Best practices Don’t overwhelm employees with too many benefit choices at the same time. These are proven high-participation programs.