Employee Benefits
MAY 22, 2023
What is private medical insurance (PMI)? PMI is a type of insurance designed to cover medical expenses incurred during illness or injury, such as operations, consultations, diagnostic investigations and tests. The product itself has evolved over time to become a full health and wellbeing service.
Griffin Benefits
JULY 5, 2023
Employers of every size continue to struggle with the rising costs of healthcare, which ultimately increases the cost of medical premiums for everyone. In fact, after raising the prices of more than 1,400 prescription drugs in 2022, pharmaceutical companies started 2023 off with a 5% increase for more than 450 medications.
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Employee Benefits
FEBRUARY 8, 2023
Employers can negotiate preferential rates with private healthcare providers, making private healthcare more affordable for employees. Offering a range of options, such as private medical insurance (PMI) plans or health savings accounts, can help employees manage the costs of private healthcare.
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.
WEX Inc.
JUNE 5, 2023
QSEHRA eligible expenses are determined by IRS Code Section 213(d) and, in the case of QSEHRAs, includes individual health insurance premiums paid by the employee. Integrated HRA’s- Must be integrated with group health insurance to help employees cover out-of-pocket healthcare costs.
Employee Benefits
MARCH 10, 2023
Fringe benefits are the additional benefits offered to an employee which supplement their stated salary for the service they offer. Put simply, this means benefits which you get from working, in addition to your pay, that is not in the form of money. This can include free health insurance or a company car.
PeopleKeep
OCTOBER 29, 2021
One way is to offer a health savings account (HSA) alongside the HDHP. An HDHP combined with an HSA gives you traditional health insurance with triple tax advantages, which helps you save for future medical expenses and provides greater flexibility and customization over how you use your healthcare benefits.
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