How to Offer and Set up an HSA for Employees
Traditional group health insurance costs have risen steadily over the years, making high deductible health insurance plans with health savings accounts (HSA) a more attractive option for employers and their workers. Many companies are beginning to offer employer-sponsored HSAs to help employees cover healthcare costs. HSAs are a type of personal savings account individuals can […]
Read MorePCORI Fees Announced for 2023 for Self-Insured Health Plans
Patient-Centered Outcomes Research Institute (PCORI) Fees Updated by IRS On November 14, 2022, the IRS released Notice 2022-59 which updated the amount of the Patient-Centered Outcomes Research Trust Fund fee that self-insured health plans must pay for plan years ending on or after October 1, 2022, and before October 1, 2023. The applicable dollar amount […]
Read MoreDiscover Difference Card Doorbuster Savings
On average, savings for Black Friday ranges from 5 to 25%. Here at The Difference Card, we believe in saving our clients money on their health insurance spend, but can we beat 25% savings? We decided to take a deep dive into some of our favorite case studies to see the savings we were able […]
Read MoreDifference Card Digest: Looking Back at Q3
Quarterly Updates from The Difference Card Meet the New CEO of The Difference Card! In September, we welcomed Jospeh Donavan to The Difference Card to serve as Chief Executive Officer. Read his Welcome Letter Featured Case Studies Every month, we highlight an industry that achieved great savings with The Difference Card. Auto Group Client Saves $334,397 […]
Read MoreNovember Case Study: Non-profit Client Saves $1,152,015 on Renewal & Improved Benefits Using The Difference Card

Using our proprietary MERP (Medical Expense Reimbursement Plan) strategy, the Difference Card helped a non-profit build the most cost-effective healthcare plan for their November renewal. The client was receiving a 22.8% renewal increase from Emblem. The firm’s Health Insurance Broker engaged The Difference Card to help with a solution to reduce this renewal and IMPROVE […]
Read More2023 Cost of Living Adjustments Announced
The IRS has released its 2023 cost of living adjustments – which can impact certain benefit accounts, retirement plans and other programs. Highlights of changes coming in 2023: FSA Contributions: Contributions to a healthcare flexible spending account have increased $200 to $3,050- up from $2,850 in 2022. FSA Carryover Amount: If the employer allows for […]
Read MoreAttracting Top Talent & Reducing Employee Turnover with Better Benefits
The #1 driver of retention is benefits. Executives share the top three factors that are driving employee retention at their company: 1. 34% said benefits were most important factor 2. 31% said a “Strong sense of culture” 3. 29% said “Belief in the senior leadership team” Other responses included: Career mobility (21%), Salary (17%), and […]
Read MoreHow to Increase Employee Engagement Through Benefits Technology
Through Benefits Technology It’s no secret that employee benefits can be complicated — for both the employee and employer. Between health insurance enrollment, costs, selecting benefits and completing forms, it’s no wonder many employees are less engaged with benefits overall. As an employer, it’s important to know how to explain benefits to employees so they […]
Read MoreA Letter from the New CEO of The Difference Card
Benefits are in my blood. I have done one thing in my entire 20-year career and that’s employee benefits. I have worked for an insurance carrier, an insurance broker, and for The Difference Card. So, for better or worse, healthcare has and always will be, a deep part of my identity. I don’t have to […]
Read MoreOctober Case Study: California Defense Manufacturer Has Saved $4 MILLION Using The Difference Card Strategy
Using our proprietary MERP (Medical Expense Reimbursement Plan) strategy, The Difference Card helped a defense manufacturer achieve cost-savings averaging $1.19M per year since 2018 for their organization for a total of $4,762,574. Barkley Risk Management & Insurance engaged The Difference Card to help with a solution to reduce their client’s group medical expense WITHOUT changing […]
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