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4 considerations when choosing employee benefits for the first time

WEX Inc.

Understanding HSAs The number of health savings accounts (HSAs) has doubled nationwide in the last seven years , as more Americans turn to these accounts as a way to save on healthcare costs and prepare for retirement. HRAs provide an extra layer of financial support for medical needs beyond insurance coverage.

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Reconsidering your employee benefits priorities

Health Consultants Group

Flexible work options. Employees still want traditional options such as retirement plans, educational assistance, and health insurance. Accident and Health Benefits . Group-term life insurance . Health Savings Accounts. Flexible Spending Accounts: funded by salary reduction.

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USI Employee Benefits

HR Lineup

USI is a leading insurance brokerage and consulting firm that specializes in employee benefits. USI’s benefits offerings include a comprehensive suite of health insurance options, including medical, dental, and vision insurance.

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17 Items That Need To Be Included In Your Employee Handbook

Genesis HR Solutions

In a separation of employment, unemployment insurance is available to the formerly employed individual which allows them to collect unemployment. Employees don’t pay taxes on this money, which means they save an amount equal to the taxes they would have paid on the money you set aside. Dental, vision, and disability insurance.

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16+ types of employee benefits you should consider

Genesis HR Solutions

There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. Medical Insurance. Medical insurance is likely a no-brainer— it’s one of four major types of benefits most employers offer. Dental Insurance. UHC.com ).

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Employee benefits for small businesses

Higginbotham

Health Insurance for Small Business. Under the ACA, small employers with fewer than 50 full-time equivalent employees are not required to offer health insurance or subject to the employer shared responsibility provisions. However, many small business owners offer health insurance coverage anyway.

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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. A health reimbursement plan gives employers a way to cover these costs.