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Smallest Firms See Largest Health Insurance Hikes

InterWest Insurance Services

A new report has found that small businesses that purchase their group health insurance online or through payroll vendors saw the largest premium hikes in 2022, significantly higher than those that went through brokers. The cost for individual group health plans increased 6.7% for the smallest SMBs, compared to just 4.3%

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Payroll Process: A Comprehensive Guide to Payroll Processing

Qandle

In any organization, efficient payroll processing is not just about paying employees accurately and on time; it’s a critical aspect of employee satisfaction and regulatory compliance. In this detailed blog post, we’ll explore the key components of payroll processing and how organizations can streamline this complex function.

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5 Hidden Attributes in Health Insurance Plans

CorpStrat

Many people don’t even think about their health insurance plan until they get sick. We firmly believe that a good health insurance plan can do something powerful for everybody. Even if you’re not sick or injured, a good plan can put you on a path to optimal health with the right type of support along the way.

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A Guide to Payroll Management: Ensuring Smooth Financial Operations

Qandle

Payroll management is a critical aspect of running a successful business, ensuring that employees are compensated accurately and on time. This guide aims to provide a comprehensive overview of payroll management in a concise manner. Looking for the Best Payroll Management ? Check out the Payroll Management.

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Are Payroll Deductions for Health Insurance Pre-Tax? The Answer You Need to Know

Patriot Software

Providing health insurance benefits to your employees can leave you with a lot of questions. But, are payroll deductions for health insurance pre-tax? If you have your employees contribute to their premiums, you have to know how to deduct the cost from their gross pay.

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What Percentage of Health Insurance Do Employers Pay?

Patriot Software

Offering employer-sponsored health insurance keeps your employees healthy and happy. If you’ve decided to provide coverage, you might be wondering, “What percentage of health insurance do employers pay?” What percentage of health insurance do employers pay? The employer portion […] READ MORE.

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Health insurance stipends pros and cons

PeopleKeep

While this option is easy to administer and saves time, the value of these dollars is lessened because a health insurance stipend is considered part of employees’ income—not a separate benefit. This means that stipends have payroll and income tax implications that tax-free health benefits don’t have.