Flyte Blog
What’s the Difference Between FSA and HSA?
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 right for you can make a […]
Navigating COBRA Continuation Coverage: What Employers and Brokers Need to Know
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 it challenging for employers to […]
Dependent Care FSAs — Support for Work-Life Balance
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 primarily from home in […]
The Best Employer Benefits Come in Pairs
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 at your current benefits plan. Are […]
Making the Most of Benefits Renewal Season
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 basics—it can provide tax savings, […]
3 ICHRA Trends: How Employers Maximize Benefits
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 employers as […]
HRA Eligible Expenses: Rules for Employers and Employees
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 cover out-of-pocket healthcare costs while […]
