benefits-plans

Common Pitfalls to Avoid With Your High Deductible Health Plan

Benefits Plans, Employee Benefits, Health Plans, HDHPs

Employers looking to decrease their healthcare costs often rely on workforce adoption of High Deductible Health Plans (HDHPs), which offer both employers and employees lower premiums. Unfortunately, this strategy doesn’t always work out if enrollment in HDHPs (assuming employees are given a choice) fall short of forecasts.

by Chris Freitas

Ask the Experts: Executive-Only Medical Plans

Benefits Plans, COBRA, Human Resources, IRS

Question: Our company offers group medical and dental plans for all employees. We also have an executive-only medical plan that covers out-of-pocket expenses that the regular group plan does not pay. Does COBRA apply to the executive-only plan? Do we have to include it in our summary plan description (SPD)?

by Mike Radakovich