Genesis HR Solutions

NOVEMBER 8, 2018

Health insurance is stressful for small business owners and company leaders, isn’t it? Managing health insurance—minimizing costs while still adding value to insurance plans —can be done yourself, but it’s not something we’d recommend. Key Differentiators: Health insurance under a PEO vs. on your own.

Health Insurance 40

Health Insurance Insurance Insurance Carriers Education 40

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

Employee Benefit News

SEPTEMBER 14, 2023

Emma Fox, managing partner at E Powered Benefits, is creating a healthcare plan that doesn't depend on insurance carriers.

Healthcare 98

Healthcare Insurance Carriers Insurance Management 98

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

Griffin Benefits

SEPTEMBER 5, 2023

As healthcare costs have risen rapidly in the last decade, employer-sponsored health insurance premiums have followed,1 affecting both organizations and employees. Plan sponsors see continuously rising costs and may question if they’re getting their money’s worth. WANT TO LEARN MORE?

Healthcare 88

Healthcare Insurance Carriers Pharmaceutical Medical 88

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

InterWest Insurance Services

AUGUST 18, 2022

Many group health insurance plan sponsors and administrators have the mistaken belief that the law allows employees enrolling in Section 125 cafeteria plans to change their elections, as long as they do so within 30 days of the plan becoming effective. This is not correct. And this misconception can have serious consequences.

Insurance Carriers 96

Insurance Carriers Taxes Health Insurance Employee Enrollments 96

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

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

Stratus.HR

OCTOBER 28, 2021

Most health insurance plans outside of a Health Savings Account (HSA) have a list of copays for healthcare expenses. Virtual doctor’s visits aren’t just convenient, they’re a huge money saver for both you and your health insurance provider. Controlling Healthcare Costs Starts with You.

Healthcare 78

Healthcare Insurance Health Insurance Insurance Carriers 78

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

InterWest Insurance Services

JULY 26, 2022

The employer reports income information to the disability insurance carrier. Portability is an important feature, because disability insurance can be difficult to qualify for on the individual market. Disability insurance benefits may or may not be taxable, depending on the circumstances.

Disability Insurance 95

Disability Insurance Insurance Carriers Insurance Deductions 95

HR Lineup

MARCH 10, 2023

Hoops HR also offers benefits administration features, allowing users to manage employee benefits such as health insurance, 401(k) plans, and more. With the ability to integrate with insurance carriers and other benefit providers, Hoops HR can help businesses manage their employee benefits more efficiently.

401(k) 52

401(k) Insurance Carriers Payroll System Human Resources 52

Griffin Benefits

OCTOBER 1, 2022

Finally, short-term limited duration insurance (which is typically an individual market product) is also exempt. Practical Challenges Fully-insured employers may contract with their insurance carriers to provide prescription drug reporting on their behalf.

Insurance Carriers 65

Insurance Carriers Employment Flexible Spending Account Insurance 65

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. Employers with fully-insured plans should expect their insurance carrier to handle these requirements.

Insurance Carriers 52

Insurance Carriers Health Insurance Insurance Medical 52

Insperity

MAY 27, 2013

Don’t offer health insurance to your employees. Under health care reform, you don’t have to offer health insurance to your employees. If you have fewer than 50 employees, you are not subject to the Play or Pay rules, so there is no penalty for not offering health insurance.

Health Insurance 40

Health Insurance Insurance Insurance Carriers Flexible Spending Account 40

Benefit Resource Inc.

MARCH 11, 2021

Employers sponsoring a group health plan will be responsible for paying health insurance carriers for the premiums. While newly eligible individuals will not need to pay premiums, they will still need to elect COBRA coverage in order to take advantage of the subsidy.

Insurance Carriers 81

Insurance Carriers Taxes Health Insurance Medical 81

AssuredPartners

OCTOBER 11, 2022

The NSA created a Federal IDR process for disputed amounts, with a goal to establish a fair, cost-effective, and reasonable IDR payment determination process that does not have an inflationary impact on health care costs. There is no appeal beyond the IDR entity decision.

Insurance Carriers 52

Insurance Carriers Insurance Health Insurance Bonuses 52

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

Employee benefits consultants have a vast array of knowledge on all types of perks and benefits, many of which are offered to workers everyday by most companies, including health insurance and life insurance, 401ks and other retirement options.

Consulting 52

Consulting Employee Benefits Benefits Package Health Insurance 52

Corporate Synergies

NOVEMBER 5, 2018

Knowing how to approach the annual renewal with health insurance carrier, pharmacy benefits manager (PBM) and other players can help the savvy employer save some money while maintaining the same level of benefits as before. A good carrier relationship can help you come to an agreement when negotiating benefit renewals.

Insurance Carriers 45

Insurance Carriers Health and Welfare Insurance Health Insurance 45

Fringe Benefit Analysts

JUNE 15, 2020

For those needing help calculating the average number employees and dependents during the plan year, you can typically request this information from your medical insurance carrier or third-party administrator (TPA).

Medical 52

Medical Insurance Carriers Health Insurance Taxes 52

Vantage Circle

FEBRUARY 12, 2024

Benefits include health insurance, retirement plans, flexible work arrangements, professional development stipends, and other offerings to support well-being and life outside work. What aspects of our health benefits work well for you? What aspects of our health benefits are most frustrating or confusing?

Employee Benefits 59

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

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

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. 1Quote is as simple and easy as it sounds!

Insurance Carriers 52

Insurance Carriers Medical Insurance Health Insurance 52

Griffin Benefits

MAY 31, 2022

The ACA requires Applicable Large Employers (“ALEs”) who average 50 or more full-time equivalent employees in the prior calendar year to offer health insurance to their full-time employees. By contrast, ALEs are not required to pay anything towards the health coverage cost for the employee’s spouse or dependent children.

Insurance Carriers 73

Insurance Carriers Taxes Health Insurance Insurance 73

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

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

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

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. RELATED TOPICS.

Healthcare 40

Healthcare Out of Pocket Cost Insurance Carriers Health Insurance 40

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. CLICK HERE to register for the seminar.

Insurance Carriers 40

Insurance Carriers Insurance Health Insurance Employment 40

Insperity

SEPTEMBER 14, 2021

More specifically, the PEO should answer the following questions: Is the PEO’s group health plan sponsored by the PEO? Is the plan fully insured, or self-funded? In contrast, under self-funded plans, the employer (not the insurer) is responsible for funding the claims.

Professional Employer Organization 86

Professional Employer Organization Employment Insurance Taxes 86

AssuredPartners

JULY 20, 2016

NHA reports approximately $4 million in revenues."},{"attributes":{"align":"center"},"insert":"n"},{"insert":" n“We founded NHA in 1990 and have since built strong relationships with the health insurance carriers as we are totally dedicated to providing employee benefit solutions for our clients.”

Healthcare 40

Healthcare Insurance Carriers Health Insurance Insurance 40

Corporate Synergies

APRIL 8, 2019

There are plenty of reasons to be skeptical about the so-called benefits of PBM-carrier mergers. 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.

Employment 40

Employment Insurance Carriers Insurance Manufacturing 40