employee-benefits

Volunteering Time Off, Part Two

Custom Content, Employee Benefits, Volunteer, KBI Blog

Right now our national unemployment rate is 3.7%--edging towards a 50-year low. With this low rate, companies are actually finding it increasingly harder to hire and retain great talent. One way to combat this issue is by increasing employee engagement through volunteering.

by Mike Radakovich

Stay Compliant: Notices to Include in Your Annual Employee Benefits Open Enrollment Materials – Part Two

Compliance, Employee Benefits, Health Plans, Online Enrollment

This is part two of a two-part article on a comprehensive list of notices to include in your employee’s open enrollment benefits. In part one, we reviewed details on Summary Plan Description (SPD), Summary of Benefits and Coverage (SBC), Summary of Material Modifications (SMM), CHIPRA and HIPAA Notices.

by Chris Freitas

Stay Compliant: Notices to Include in Your Annual Employee Benefits Open Enrollment Materials – Part One

Compliance, Employee Benefits, Health Plans, Online Enrollment

This is part one of a two-part article on a comprehensive list of notices to include in your employee’s open enrollment benefits.

by Chris Freitas

Volunteering Time Off, Part 1

Custom Content, Employee Benefits, Volunteer

Volunteering Time Off, or VTO, has become a buzz topic for many companies as of late. It involves encouraging employees to take time off from their job to plug in to their community and the nonprofits that support it. Let’s delve in deeper to understand what VTO looks like.

by Mike Radakovich

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

HSA vs. HRA: Which is Better?

Employee Benefits, Health Plans, HRA, HSA

Let’s face it, healthcare has become a major expense for everyone in this country. To help offset a portion of this costly burden for employees, employers typically offer two very popular tax-advantaged savings accounts: HSAs and HRAs. But what’s the difference between these two healthcare savings plans and which is better for your employees and your company?

by Mike Radakovich

4 Things Life Insurance Is Not | CA Employee Benefits Agency

Employee Benefits, Employees, Insurance, Life Insurance

Are you confused about life insurance? I don’t blame you. When I first started writing about finances more than a decade ago, my understanding of life insurance was limited.

by Mike Radakovich

Choosing the Right Flexible Benefit for Employees | Cupertino Benefits Agency

Dependant Care, Employee Benefits, Employees, Employers, FSA, Health Plans, HRA, HSA, Human Resources, Insurance, Open Enrollment

Trying to decide which of the many employer-sponsored benefits out there to offer employees can leave an employer feeling lost in a confusing bowl of alphabet soup—HSA? FSA? DCAP? HRA? What does it mean if a benefit is “limited” or “post-deductible”? Which one is use-it-or-lose-it? Which one has a rollover? What are the limits on each benefit?—and so on.

by Mike Radakovich

Looking Backward to Plan Forward | CA Insurance Agency

Employee Benefits, Employees, Enrollment, Health Insurance, Healthcare, Insurance, Open Enrollment

As you look through enrollment options for 2019, remember to look back on 2018. Check out your spending on procedures and prescriptions, and which providers are in your network.

by Mike Radakovich

Look Backward to Plan Forward | CA Benefits Agents

Benefits, Employee Benefits, Enrollment, Health Insurance, Healthcare, Insurance, Life Insurance, Open Enrollment

We have entered Open Enrollment season and that means you and everyone in your office are probably reading through enrollment guides and trying to decipher it all. As you begin your research into which plan to choose or even how much to contribute to your Health Savings Account (HSA), consider evaluating how you used your health plan last year. Looking backward can actually help you plan forward and make the most of your health care dollars for the coming year.

by Mike Radakovich