Benefit Resource Inc.

FEBRUARY 23, 2021

Lately, we’ve seen an uptick in questions around the roles of responsibilities of your company’s broker, your TPA (that’s us), and your health insurance provider. And where does your health insurance carrier play into this? What is a health insurance carrier? What is a TPA?

Insurance Carriers 72

Insurance Carriers Health Insurance Insurance Healthcare 72

Corporate Synergies

FEBRUARY 11, 2019

A new father outlines requirements with his Baby Health Insurance Playbook. The same can be said for insuring a new dependent. To plan for newborn healthcare benefits, parents need a baby health insurance playbook. The Baby Health Insurance Playbook isn’t really a book. As Seen In.

Health Insurance 47

Health Insurance Insurance Insurance Carriers Out of Pocket Cost 47

Insperity

JANUARY 24, 2023

Health care benefits are the costliest line item for employers – and these costs consistently rise each year, with plan usage and claims history serving as the two big drivers. Having virtual care options can also be help reduce employees’ stress about their own health-insurance costs.

Insurance Carriers 98

Insurance Carriers Health Insurance Medical Electronics 98

InterWest Insurance Services

AUGUST 18, 2022

Employers: Don’t make this common cafeteria plan mistake! ” Employees cannot change their minds and make changes to pre-tax cafeteria elections during the plan year, once benefits become effective — unless a special enrollment period as defined under IRC Section 125 applies , or the employer is correcting an administrative error.

Insurance Carriers 95

Insurance Carriers Taxes Health Insurance Employee Enrollments 95

InterWest Insurance Services

MARCH 15, 2022

And the majority of documents criminals steal are the same ones your employees receive from their group health insurers. If the thief’s health information is mixed with the victim’s, it could affect the medical care the victim is able to receive, or the health insurance benefits they are able to use.

Medical 98

Medical Health Insurance Insurance Carriers Insurance 98

Genesis HR Solutions

JANUARY 28, 2019

If you’re like most business owners, one of the biggest things you may worry about in relation to your company is the cost of providing health insurance to your employees. In one 2018 report, almost 80 percent of respondents said they worry about the cost of health benefits. The PEO selects health insurance options for you.

Health Insurance 40

Health Insurance Insurance Insurance Carriers Professional Employer Organization 40

EverythingBenefits

MAY 4, 2021

Put as simply as possible, an Electronic Data Interchange (EDI) 834 file is the standard format in which employers can communicate their employees’ health insurance enrollment and maintenance data to insurance carriers.

Insurance Carriers 52

Insurance Carriers Electronics Health Insurance Insurance 52

InterWest Insurance Services

JULY 11, 2022

July 1 was the deadline for health plans to make public their in-network negotiated rates, out-of-network billed charges, and more. Should post the machine-readable files on your public-facing website if the insurance company has decided to delegate this responsibility to the employer.

Insurance Carriers 96

Insurance Carriers Insurance Health Insurance Employment 96

InterWest Insurance Services

JULY 26, 2022

You as an employer can help by offering group disability insurance to your employees. This insurance helps replace a portion of a worker’s income if they lose their income due to an injury or illness. Group disability coverage has advantages for both the employer and the workforce. What it covers. List billing.

Disability Insurance 94

Disability Insurance Insurance Carriers Insurance Deductions 94

CorpStrat

MARCH 17, 2022

Are you an employer looking for a new and innovative health insurance plan to offer your employees? Wouldn’t it be amazing if there was a new company in the market that actually did something different from all the traditional insurance carriers? Well, we think there is. This may sound too good to be true.

Employee Benefits 52

Employee Benefits Insurance Carriers Health Insurance Benefits Package 52

AssuredPartners

JUNE 30, 2022

Beginning July 1, 2022, the Consolidated Appropriations Act, 2021 (CAA) requires non-grandfathered major medical group health plans and insurance carriers to disclose detailed pricing information in two separate machine-readable files (MRFs). For fully insured employers, their group health insurance carriers will post the link.

Insurance Carriers 52

Insurance Carriers Insurance Health Insurance Utilities 52

Insperity

SEPTEMBER 14, 2021

Choosing the right professional employer organization (PEO) for your company is a huge project. CPA-affirmed documentation that they remit employment taxes in a timely manner. Background reports of their individuals responsible for employment tax payments. Documentation that they have positive working capital.

Professional Employer Organization 86

Professional Employer Organization Employment Insurance Taxes 86

Higginbotham

JANUARY 11, 2022

of Labor, Health and Human Services (HHS) and the Treasury issued FAQ guidance regarding the requirements for group health plans and health insurance issuers to cover over-the-counter (OTC) COVID-19 diagnostic tests. Employer Takeaway. Agencies Issue Guidance on Coverage of OTC COVID-19 Tests. As of Jan.

Insurance Carriers 52

Insurance Carriers Health Insurance Insurance Medical 52

Benefit Resource Inc.

MARCH 11, 2021

Employers are responsible for paying premiums, but receive a tax credit. Employers sponsoring a group health plan will be responsible for paying health insurance carriers for the premiums. They will be reimbursed for 100% of the COBRA premiums through tax credits against certain payroll taxes.

Insurance Carriers 81

Insurance Carriers Taxes Health Insurance Medical 81

Insperity

MAY 27, 2013

Though the employer mandate provisions of the Affordable Care Act have been delayed, health care insurance costs, taxes and fees are expected to continue to climb. Postponing your decision to provide health care insurance could prove to be very costly for your business. Shop for group health insurance yourself.

Health Insurance 40

Health Insurance Insurance Insurance Carriers Flexible Spending Account 40

Higginbotham

JUNE 7, 2022

As we have been discussing since last year through multiple webinars and compliance updates, the Transparency in Coverage Final Rules (TiC Final Rules) require group health plans and health insurance issuers to disclose on a public website detailed pricing information in three separate machine-readable files (MRFs).

Family and Medical Leave Act 52

Family and Medical Leave Act Health Insurance Insurance Carriers Insurance 52

Fringe Benefit Analysts

MAY 8, 2022

As many employers and businesses are aware, employee benefits packages are very important considerations for candidates when they are being scouted by recruiters. They will also navigate employers and employees through the layered and complicated task of implementing such plans to reduce complications or errors.

Consulting 52

Consulting Employee Benefits Benefits Package Health Insurance 52

Corporate Synergies

NOVEMBER 5, 2018

Employee benefits are typically the second-highest expense for employers—right behind payroll. Not knowing what the benefits renewal rate will be until the end of the plan year complicates the balance that employers must strike between offering a rich plan that employees appreciate at a cost the finance team can live with. As Seen In.

Insurance Carriers 45

Insurance Carriers Health and Welfare Insurance Health Insurance 45

Griffin Benefits

MAY 31, 2022

As a result, even though such family members might not receive a penny of employer-subsidized health coverage, an employer’s satisfying mandate duties to the employee has always been “imputed” to children and spouses, thereby effectively blocking those family members from obtaining any federal money. EMPLOYE PENALTIES.

Insurance Carriers 73

Insurance Carriers Taxes Health Insurance Insurance 73

GRA Benefits Group

MAY 11, 2020

The second is to provide a side-by-side comparison containing 20+ major in and out-of-network benefits to assist the employer in choosing a health plan. . 1Quote does it all, including offering: The ability to quote 9 different Michigan medical insurance carriers using only 1 census. What Are the Features of 1Quote?

Insurance Carriers 52

Insurance Carriers Medical Insurance Health Insurance 52

Corporate Synergies

FEBRUARY 18, 2019

Annual health insurance carrier negotiations doesn’t have to be a contact sport. During carrier negotiations, employers naturally seek the lowest rate increase, while carriers typically propose a high increase. and Luciano Franco | Director of Underwriting. As Seen In.

Insurance Carriers 40

Insurance Carriers Utilities Health Insurance Insurance 40

Insperity

MARCH 29, 2022

Health insurance is often the biggest-ticket item in any company’s benefits package, and the cost of health insurance rises on average each year , historically. Companies spend a lot of money, time and effort to make their benefits competitive and provide quality group health insurance plans to employees.

Health Insurance 92

Health Insurance Insurance Insurance Carriers Education 92

Genesis HR Solutions

AUGUST 13, 2019

If you’ve been around small to midsize businesses for any amount of time over the last decade, you’ve no doubt seen or experienced the frustrations of navigating health insurance. And those players often come armed with health insurance options that small businesses like yours don’t have access to or can’t afford to offer on your own.

Health Insurance 40

Health Insurance 401(k) Insurance Insurance Carriers 40

Corporate Synergies

JULY 9, 2018

So far, the trend toward retail pharmacy, PBM and health insurance industry consolidation doesn’t seem to benefit all stakeholders. Here’s why… Insurance industry consolidation is occurring at an unprecedented rate. Health insurance industry consolidation hasn’t been good for healthcare consumers or employers.

Healthcare 40

Healthcare Insurance Health Insurance Insurance Carriers 40

Corporate Synergies

MARCH 25, 2019

A benefits advocate who delivers the how and why of plan use when employees are asking for assistance helps the employer control health insurance costs. Health events tend to be emotional for employees to navigate; it’s a situation that’s rife for potential errors in judgment. As Seen In. More on that in a minute.

Healthcare 40

Healthcare Out of Pocket Cost Insurance Carriers Health Insurance 40

AssuredPartners

AUGUST 5, 2021

Departments of Health and Human Services, Labor and the Treasury (together, the Departments) issued a final rule under the Patient Protection and Affordable Care Act (PPACA) and in furtherance of an executive order issued in 2019.

Out of Pocket Cost 69

Out of Pocket Cost Insurance Carriers Pharmaceutical Insurance 69

Insperity

JUNE 11, 2014

As employment laws, tax laws and health care reform continue to change at a rapid pace, it can be difficult for business owners to keep up. If you are weighing the option of outsourcing human resource (HR) duties through a co-employment relationship, here are eight important things to consider when selecting a PEO: 1.

Professional Employer Organization 56

Professional Employer Organization Employment Insurance Carriers Insurance 56

AssuredPartners

MARCH 29, 2018

As businesses continue to track more details about customers, products, and sales, it only makes sense that we would begin have more access to these kinds of details about one of the most expensive products we all buy – health insurance. It’s not. CLICK HERE to register for the seminar.

Insurance Carriers 40

Insurance Carriers Insurance Health Insurance Employment 40

Insperity

JULY 22, 2014

Buying health insurance can be a costly endeavor. But now, because of health care reform’s individual mandate, not buying coverage isn’t an option. Most Americans must have health insurance or face a tax penalty. Purchase coverage through a state or federal health insurance marketplace.

Health Insurance 40

Health Insurance Out of Pocket Cost Insurance Carriers Taxes 40

Genesis HR Solutions

AUGUST 19, 2020

Like almost every other industry, professional employer organizations (PEOs) have been forced by the global pandemic to ask themselves this question. Get an in-depth look at professional employer organizations and why you should consider partnering with one. “What is our industry’s new normal?” Click To Tweet. million to 3.7

Work From Home 52

Work From Home Professional Employer Organization Insurance Carriers Human Resources 52

Insperity

FEBRUARY 25, 2014

10, 2014, the federal government announced yet another delay to the employer shared responsibility (“Play or Pay”) provisions of the Affordable Care Act. To do so, make sure you have the systems and processes in place to track employee hours throughout 2015 for analysis of your “applicable large employer” status and responsibilities.

Insurance Carriers 40

Insurance Carriers Government Health Insurance Retail 40

Vantage Circle

FEBRUARY 12, 2024

There's a science to selecting benefits that effectively balance employer budgets and employee priorities. Benefits include health insurance, retirement plans, flexible work arrangements, professional development stipends, and other offerings to support well-being and life outside work.

Employee Benefits 59

Employee Benefits Family and Medical Leave Act Parental Leave Benefits Package 59

Insperity

JULY 5, 2022

Their benefits include: Healthier employees, which can help companies contain health insurance costs Less absenteeism and, therefore, greater productivity Higher morale A sense among employees that their employer cares about them in a holistic manner – beyond their functional role at work – which can strengthen loyalty and improve retention.

Employee Wellness 112

Employee Wellness 401(k) PTO Insurance Carriers 112

Genesis HR Solutions

JUNE 20, 2022

There’s a lot of information—and misinformation—about professional employment organizations (PEOs) floating around online. This is one of the classics—it consistently shows up on professional employer organization pro/con lists. We offer several health insurance products plus a bevy of other plans for you to choose from.

401(k) 52

401(k) Health Insurance Insurance Carriers Payroll 52

Corporate Synergies

APRIL 8, 2019

Consolidation in the insurance industry—integrating pharmacy benefit managers (PBMs) into carriers—is bringing change to the way employers buy health insurance and how employees and consumers use it. Whether these PBM-carrier mergers are good or bad remains to be seen. What Plans Should Do Right Now.

Employment 40

Employment Insurance Carriers Insurance Manufacturing 40

Genesis HR Solutions

APRIL 19, 2019

There’s a lot of information—and misinformation—about professional employment organizations (PEOs) floating around online. We offer several health insurance products plus a bevy of other plans for you to choose from. You can read more about PEOs and health insurance in myth #7, below.). Click To Tweet.

401(k) 69

401(k) Health Insurance Insurance Carriers Payroll 69

Genesis HR Solutions

AUGUST 9, 2018

Sometimes benefits are paid for wholly by employers; other times they are paid for by employees, and sometimes the expenses are shared. How the benefits expenses are shared (or not) is determined by the employer. The most expensive benefit to offer is health insurance. Considering a PEO? per hour worked in March 2018.

Employee Benefits 40

Employee Benefits 401(k) Health Insurance Insurance Carriers 40