Top 10 Reasons to Exit a PEO
Is a Professional Employer Organization Model (PEO) still the right choice? The Difference Card works with many employers- both within the Professional Employer Organization model and outside of the PEO model. However, there comes a time when some companies realize they have outgrown their PEO model. The efficiencies of outsourcing no longer outweigh the administrative […]
Read MoreJuly Case Study: Law Firm goes from 12% Renewal Increase to -4% using The Difference Card
Using our proprietary MERP (Medical Expense Reimbursement Plan) strategy, The Difference Card helped a New Jersey Law Firm to navigate a difficult July renewal. The client was receiving a 12% renewal increase from Horizon BCBS of New Jersey. This Law Firm’s Health Insurance Broker engaged The Difference Card to create a solution to reduce this […]
Read MoreWhich Sunscreen is Right for Me?
What SPF Should I Use? The sun plays a very important role in our everyday lives. It helps keep our sleep pattern on track and helps our bodies produce Vitamin D, which is important for bone function and healthy skin. But like most things, it’s only good in moderation. And for those who love the […]
Read MoreDifference Card Recognized with Performance Excellence Award
The Difference Card is honored to be awarded the Alegeus Performance Excellence Award for New Logo Growth The APEX (Alegeus Performance Excellence) Awards honor Third Party Administrators who have demonstrated leadership and achieved exceptional business results using the Alegeus technology platform. Clients received recognition at the virtual 2021 Alegeus Client Success Summit on June […]
Read MoreReminder: PCORI Fees are Due by July 31, 2021
Don’t forget to file by the July 31st deadline What are PCORI Fees? Under the Affordable Care Act (ACA), most employer sponsors and insurers are required to pay PCORI fees until 2029, as it applies to plan years ending on or before September 30, 2029. The PCORI fee imposed on sponsors of a self-insured health […]
Read MoreWhat the New HSA Limits for 2022 Means For You
The IRS Announces 2022 HSA and Qualified HDHP Limits The IRS announced the 2022 limits for Health Savings Accounts (HSA) and Qualified High Deductible Health Plans (HDHP). This allows employers or plan sponsors sufficient time to prepare for Open Enrollment period for 2022. Discover Our HSAs The New HSA Rules for 2022 Health Savings Account […]
Read MoreThe Difference Card Announces New Financial Partnership with Northlane Capital
New financial partnership provides opportunity for continued growth and innovation at The Difference Card The Difference Card is growing again with new financial partners, Northlane Capital! By partnering with Northlane Capital Partners, The Difference Card will continue to transform the health insurance marketplace by providing benefit enhancements and cost-savings solutions. Northlane Capital is excited to […]
Read MoreThe Difference Card helps Wisconsin School District save $1 million on their health insurance.
In the first year of using The Difference Card, the Baraboo School District saved $1 million in health insurance premiums. By switching to a high deductible health plan and using The Difference Card, the school district was able to see a 20% reduction in their actual premiums for the 2019-20 school year. Discover More Case Studies […]
Read MoreCovid-19 Personal Protective Equipment (PPE) Now Qualifies as a Medical Expense
On Friday March 26th, The Internal Revenue Service (IRS) released an Announcement 2021-7 that Covid-19 Personal Protective Equipment (PPE) qualifies as medical expenses under section 213(d). These items are now eligible for payment or reimbursement under Healthcare Flexible Spending Accounts, Health Reimbursement Arrangements and Health Savings Accounts. Request a Proposal PPE expenses include items such as, but […]
Read MoreAmerican Rescue Plan Act of 2021 Allows for Temporary Increase to Dependent Care Elections
On Thursday, March 11, 2021, the American Rescue Plan Act of 2021 was signed into law, which allows employers to amend their Dependent Care FSA plan to allow employees to increase their elections amounts for 2021. Discover Our Dependent Care FSA Dependent Care FSA Exclusion Limit: For Dependent Care Flexible Spending Accounts, the provision raises the exclusion […]
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