A medical expense reimbursement plan (MERP) offers many benefits to employers and employees. Employers can lower healthcare costs and adjust their plans each year, while employees can still get the right level of care. However, as single and family coverage premiums rise, organizations have been forced to explore structurally sound solutions to this issue. A […]

Hiring top talent drives innovation, improves productivity, and ultimately puts businesses ahead of the competition. By curating an appealing set of benefits, businesses are more likely to attract hardworking employees and experience these qualities within their operations. As the average cost of employee turnover equates to around 33.3% of an employee’s base salary, better benefits also help […]

Choosing a healthcare provider can be challenging, as there are many factors to consider and options available to you. However, narrowing down your options is necessary to get the high-quality healthcare you need. Fortunately, with the right knowledge and tools, you can find the ideal healthcare provider for your needs. Explore practical tips and strategies […]

The cost of health insurance can have a significant impact on small businesses. Finding a comfortable balance between keeping costs down and providing the healthcare benefits your employees deserve is essential for employee retention. Introducing strategic funding is a viable way to pay for healthcare benefits rather than high-priced insurance plans. This guide explains how […]

The One Big Beautiful Bill Act (OBBBA) significantly reshapes U.S. healthcare savings. It makes the most substantial update to health savings account (HSA) and flexible spending account (FSA) benefits in over a decade. The OBBBA revises eligibility, contribution limits, and plan design for employers, brokers, and benefit administrators. It also expands access and flexibility for […]

A professional employer organization (PEO) offers health insurance, among other benefits. Many small- to medium-sized businesses work with one. However, you can often get better coverage, flexibility, and cost savings if you work with a medical expense reimbursement plan (MERP). PEO contracts come with strings attached that limit your flexibility regarding coverage. Before making a decision, […]

Employers have a responsibility to find the most valuable health benefits for their employees. However, it is easy to overlook the considerable impact that medical expenses have on businesses. Confidently explaining why stop-loss insurance is a viable option to help employers manage associated costs is essential. This guide focuses on the basics and advanced knowledge […]

Employee health insurance plans that balance comprehensive benefits with affordable premiums have become increasingly hard to find, often forcing employers to make tricky compromises. While self-insured plans offer flexibility, fully insured plans shift risk to the provider — but often at a higher cost for benefits your team may not need. How do you make […]

If you’re looking for your next health insurance plan, you already know that there are countless options to choose from, ranging from providers to networks to coverage types. As if navigating the health insurance market wasn’t already challenging enough, companies often use confusing acronyms without providing proper explanations, such as HMO, EPO, and PPO. This […]

With fully insured healthcare plans becoming increasingly complex and expensive, many organizations are seeking alternatives that provide excellent employee coverage without incurring unnecessary expenses. Self-funding can be a solution to common problems. However, there’s a lot that brokers need to understand about how clients can benefit from a self-funded model. Many are unaware that combining […]