Trying to manage healthcare expenses can feel like a maze—especially with all the different tax-advantaged accounts available. FSA and HSA each offer unique ways to save on medical costs, but knowing which one is [...]
When employees leave a company or experience a change in eligibility, COBRA continuation coverage ensures they have the option to maintain their health insurance benefits. However, the complexity of COBRA plans, compliance requirements, and timelines make [...]
Before 2020, it was rare to find someone who worked from home full time. According to the U.S. Bureau of Labor Statistics, only 6.5 percent of workers in the private business sector worked [...]
It’s time for small employers offering a Qualified Small Employer Health Reimbursement Arrangement (QSEHRA) to prepare for year-end reporting. QSEHRA W2 reporting helps the IRS verify compliance with QSEHRA guidelines, and this reminder outlines [...]
A benefits package is a crucial factor for employees when considering a job offer. As a business owner, you’re charged with providing employer benefits that can attract and retain top talent. Take a look [...]
As benefits renewal season rolls in, companies across the country are evaluating how best to support their employees. It’s the time of year to build a benefits package that does more than just meet the [...]
The Individual Coverage Health Reimbursement Arrangement (ICHRA) has grown tremendously since its introduction in 2020 due to rising healthcare costs. Initially embraced by small businesses and early adopters, ICHRA has now gained traction among larger [...]
A Health Reimbursement Arrangement (HRA) is a great benefit provided by employers to help cover an employee’s qualified healthcare expenses such as premiums and other HRA eligible expenses. This type of plan allows employees to [...]
