Blog Category

Benefits

FSA enrollment

October 31, 2018

FSA Enrollment: Employer FAQs Explained

FSA enrollment can be a stressful period for both employers and employees, especially when it comes to changes in eligibility. The good news is that, with a little information and preparation, employers can be readily prepared for FSA enrollment. Here, we answer the most important questions regarding this topic. Can You Sign up for an […]

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what is an FSA?

October 24, 2018

What is an FSA? Common FAQs Explained

An FSA, or flexible spending account, is a great way for employees to save costs on health insurance, sometimes with help from their employer. However, many employers have questions about how FSA contributions work. Here’s what’s covered by an FSA, and how your employees can use them. What is an FSA? First, what is an […]

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2018 HSA contribution limit

October 22, 2018

What are the 2018 HSA contribution limits?

HSAs are typically used to supplement medical costs and they can cover much more than just medications and doctor visits. There are many benefits to opening an HSA, but how much are we allowed to contribute to them? The 2018 HSA contribution limits maximum is $3,450 for an individual and $6,900 for a family. Savers aged 55 […]

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how a family sets up coordination of benefits

October 12, 2018

What is the Coordination of Benefits?

The health care system is riddled with complexities and nuances, particularly when it comes to employer-provided health insurance. One confusing aspect of employer health coverage is the coordination of benefits, or COB, when an employee has more than one insurance plans. But what exactly is COB–and what should employees and employers know about this important […]

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FSA vs HSA

October 9, 2018

FSA vs HSA: Which is Best For Your Employees?

The topic of employee benefits has gone from watercooler conversation to national news, and employees are more engaged with their benefits than ever. Open Enrollment will be here before you know it, and your employees will be thinking about making changes—specifically: how to maximize the money they spend on medical care. Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) are two ways employers can […]

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When and how can one access cobra?

October 9, 2018

How do I access COBRA health coverage?

In addition to protecting certain individuals from high health care prices, COBRA ensures that spouses, family, and the retired are entitled to health care access when a family member experiences a major life event. Here’s what you should know about how to access COBRA health coverage as an employer. How does COBRA work? The Consolidated […]

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millennial-employees-open-enrollment

October 8, 2018

Open Enrollment is Coming. Is The Millennial Generation Informed?

With more people launching careers as freelancers, entrepreneurs, contractors, and independent workers, understanding open enrollment is more important than ever. Although a large percentage of millennial workers require or want their own insurance through the marketplace, not many millennials feel confident in their own knowledge of the process. Here’s an overview of the information gap […]

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open enrollment quick tips

October 4, 2018

Open Enrollment Quick Tips

For many, open enrollment starts in less than a month! Here are our best open enrollment quick tips in an at-a-glance FAQ sheet for employers. What Is Open Enrollment? Open enrollment is a period during which employees can freely enroll in or change their health insurance plan or other benefits programs. When Does Open Enrollment […]

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How to craft the ultimate vacation policy

October 3, 2018

How to Create the Ultimate Vacation Policy

A well-defined vacation policy is a great addition to your company culture. It also helps set expectations for employees while carving out time for much-deserved rest and relaxation. Here’s how to create the ultimate vacation policy for your company. What should a vacation policy include? A crucial aspect of determining your vacation policy is first […]

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October 2, 2018

How to Not be Intimidated by Open Enrollment

Open enrollment makes accessing healthcare coverage both easy and efficient for individuals today. However, many people are intimidated by the strict timing, the legal requirements, and the nuances of the process. Not only is the process confusing, but health insurance can be just as complicated, if not more so. However, while the OE period is bogged down […]

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What happens when my cobra expires?

October 2, 2018

When COBRA Expires: Individual Health Care Enrollment Explained

COBRA, short for the Consolidated Omnibus Budget Reconciliation Act, is a strategic and stress-free way for former employees and their families to continue accessing health care coverage through their past employer after a major life event. However, COBRA is designed for temporary coverage and typically expires after 18 months. When COBRA expires, here’s what employees should […]

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commuter vehicles are covered by commuter benefits

October 1, 2018

How Do Commuter Benefits Work?

In 2018, small businesses have an array of creative benefits that they can offer their employees in addition to more traditional and expected perks, such as 401(k) matching. There are plenty of perks to demonstrate your appreciation of your employees, that not only show your workers that their employee satisfaction matters to you, but that […]

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