More Employers Offer Flexible Spending Accounts

More Employers Offer Flexible Spending Accounts

As health insurance and treatment costs rise and recognizing the potential for tax savings and other benefits, more employers have started offering flexible savings accounts to their employees. FSAs are also an important way to enable employees who are not enrolled in...
Narrow Networks, Tiered Plans May Reduce Costs

Narrow Networks, Tiered Plans May Reduce Costs

Inflation, an aging workforce and people catching up on care they skipped during the COVID-19 pandemic are some of the main ingredients that will drive the cost of group health benefits over the coming years. The key for employers grappling with these higher costs is...
New HSA, FSA, 401(k) Contribution Levels Set

New HSA, FSA, 401(k) Contribution Levels Set

The IRS has released the 2023 maximum contribution amounts for health savings accounts and flexible spending accounts. You’ll want to make note of the changes when discussing your employee benefits during annual open enrollment. The changes, which the IRS...
Is Health Plan Self-Funding Right for Your Firm?

Is Health Plan Self-Funding Right for Your Firm?

As group health costs continue climbing and more employees struggle with the cost of premiums and out-of-pocket expenses, some employers are starting to take a second look at self-funded, or partially self-funded plans. These plans give employers more skin in the game...