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When Open Enrollment rolls around, employees find themselves buried under an avalanche of medical options, leaving little mental bandwidth for anything else. According to Robert Deshaies, Chief Operating Officer at WEX, treating benefits as a once-a-year administrative task means leaving substantial value on the table for both your organization and employees. “Benefits utilization is a […]
As a recruiter or hiring manager in a world where the ACA is in constant turmoil, you might be thinking: can’t I just give new hires (or current employees for that matter) money to buy their own health insurance and be done with it?
The various ways a health reimbursement arrangement (HRA) may be “integrated” with one or more group health plans was clarified in guidance from regulators.
By Gwen Cofield Bills expanding access to account-based healthcare arrangements in various respects were approved June 15 by the U.S. House of Representatives’ Committee on Ways and Means.
Health and Wellness Survey Check out the results from our recent health and wellness program survey.
Which is faring better in today’s health insurance market—health reimbursement arrangements or health savings accounts? To find out, United Benefits Advisors (UBA) surveyed more than 10,000 employers representing more than 5 million total lives for its special report, 2015 Health Plan Survey, “HSAs and HRAs: How They’re Doing. UBA broke out the survey data on how employers […]
By Gerry Leonard, President, ADP® Benefits Services As employers increase their investment in benefits technology, HR leaders may want to look at workplace benefits and related technology through the prism of the four ‘C’s: Consumerism, Compliance, Cost and Culture.
The Internal Revenue Service has issued a ruling that allows employees to carry over, tax free, money provided by their employers for out-of-pocket health costs. Here’s what you should know about the new rule.