Remove Flexible Spending Remove Insurance Remove Life Insurance Remove Out of Pocket Cost
article thumbnail

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 ).

401(k) 98
article thumbnail

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. Even with health insurance, dental insurance and vision insurance, employees tend to end up with some out-of-pocket costs that aren’t covered by their various plans.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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. Dental and Vision Insurance.

article thumbnail

The Consolidated Appropriations Act: 2021’s Employee Benefits Provisions

McNees

Here is what you should know: Temporary Special Rules for Health and Dependent Care Flexible Spending Arrangements. Mid-Year Election Changes: The Act permits plans to allow employees to prospectively change their health or dependent care flexible spending arrangement elections without a change in status at any time in 2021.