health-plans

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

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

The Pros and Cons of High Deductible Health Plans (HDHPs)

Blog, Health Insurance, Health Plans

In the 1990’s, getting decent health insurance through your employer wasn’t unheard of — it was assumed. But back then, healthcare wasn’t nearly as expensive; rates have increased every year for nearly two decades and it’s unlikely they’ll slow down anytime soon.

by Chris Freitas

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