What employers ask when considering outsourcing benefits admin

If you’re an employer, is your in-house benefits administration team struggling to juggle the multitude of complexities behind running a successful benefits administration program? Are you spending too much time and resources trying to keep up to date with compliance...

Voluntary benefits give employees the opportunity to further customize their benefits package to meet their personal needs. And they serve as an excellent cost-effective recruitment and retention tool for employers as they look for ways to improve their benefits offerings....

Outsourcing your COBRA administration can reduce risk for your company and minimize paperwork for your HR team, but finding the right administrator may seem overwhelming. Here are the five considerations to keep in mind during your COBRA administrator evaluation process....

More employees are enrolling in a high-deductible health plan (HDHP) each year, including more than half of U.S. private-sector workers in 2021. But there are still misunderstandings that exist among employees about the significant value of an HDHP (or HSA-eligible...

Health saving accounts (HSAs) offer an excellent opportunity for participants to save money on healthcare expenses and for employers to support their employees’ wellness needs in a cost-efficient way. But there are HSA rules and regulations you and your employees...

With 42% of HR teams struggling to keep up with the numerous challenges of their job, actions should be taken to avoid HR burnout. Outsourcing your benefits with an administrator you can trust is a smart way to lighten HR...

Increasingly, employers are offering a lifestyle spending account (LSA) as a way to support their employees’ wellness needs. Among our direct clients, we saw a 77% increase in clients offering an LSA in early 2022 year-over-year.  If you’re new to...

Did you recently elect to participate in a medical flexible spending account (FSA)? If you’re a first-time medical FSA participant, you may not be familiar with FSA definitions and rules. We’ve provided a list of the top things a first-time...

The IRS has created two sets of Affordable Care Act (ACA) codes to provide employers with a consistent way to describe their medical benefit offerings to their employees. Each code indicates a different scenario regarding an offer of coverage, or...

If you rely on the honor system for your company’s benefits enrollment, you could be picking up the tab for ex-spouses, adult children, or others who are not eligible to be covered. On average, we’ve found that 3-5% of the...