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ICHRA 101: The basics and why they might be right for you

WEX Inc.

Individual Coverage Health Reimbursement Arrangements (ICHRAs) were rolled out prior to COVID-19 striking the United States, but the demand for this new product is expected to skyrocket, as more and more employers look for ways to bring stability to their healthcare costs. Why were ICHRAs created? Want to know more?

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It’s open enrollment. Are you prepared?

Business Management Daily

Year after year, most employees just renew the same health benefit plans they had the year before. But the pandemic has heightened employees’ health concerns and the importance they place on employer-provided health benefits. Employees who chose skimpier plans last year may feel those benefits are inadequate now.

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PEO Benefits: 11 Things You’ll Get With A PEO You Might Not Get Otherwise

Genesis HR Solutions

This leads to increased employee satisfaction, and keeps your team focused on their jobs. Whether you’re offering health insurance, HSAs, FSAs, (and any other acronym!), You enjoy a smooth and consistent annual renewal process. Running a small to medium-size business? Take a look! With a PEO, that all changes.

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HR in 2024: Shaping Tomorrow’s Workforce Through Bold Leadership

HR Digest

Leaders must shift focus from how to work to why employees should stay. The year ahead calls for a renewed commitment to the human spark – a quest to reignite the fire of engagement within our workforces, ensuring they choose to stay and thrive, even amidst the storm. The year ahead demands courage and audacity.

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3 Critical Keys to Negotiating Benefit Renewals

Corporate Synergies

Negotiating benefit renewals with success: the ticket is planning all year long. But unlike payroll, benefits are difficult to budget for each year because the upcoming annual renewal rate can feel like a mystery. Knowing what to do before and during the process of negotiating benefit renewals can increase your success.

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Why Are Employee Benefits Important? Why Are Employee Benefits Important? In this exploration of “Why Are Employee Benefits Important?” Boosting Productivity And Engagement: Well-designed benefits programs can improve employee morale and engagement, increasing productivity and lowering turnover rates.

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The Open Enrollment 2019 Season is Coming (But Don’t be Afraid)

Corporate Synergies

Costs for medical and pharmacy benefits continue to rise, which means there are adjusted employee contributions to present to an audience who’s unlikely to understand the reasoning behind cost increases. There may be new health & welfare benefits offerings that require employees to pay close attention during the decision-making process.