An individual coverage health reimbursement arrangement (ICHRA) is a flexible health benefits option, and it’s growing in popularity in 2024. It allows employers to reimburse employees for a portion or all of their health insurance premiums. Compared to traditional group plans, ICHRA health insurance suits employees who would prefer to choose their own health insurance […]

According to the latest statistics from the American Medical Association, each person in the U.S. spends an average of $13,493 on healthcare in 2022. That’s a significant portion of many employees’ annual salaries. Businesses that cover part of these medical expenses help encourage employee loyalty while helping staff prioritize their well-being. As a side bonus, staff members […]

It’s no secret that technology has impacted almost every facet of modern life. One of the last industries to join this technological revolution is health insurance brokers, who often use paper-based processes or standalone systems. As more companies demand tools and technology that can help them serve a younger workforce, health insurance brokers must quickly […]

American healthcare costs have always been high — yet the Centers for Medicare and Medicaid Services predicts they will increase by another 5% throughout 2024. Companies that provide job-based healthcare will feel the impact more severely, triggering them to shop around for better products. As a producer, you have the task of finding ways to reduce healthcare costs and […]

Employee benefits are indicative of a workplace that values and supports its employees. A comprehensive employment package is vital in today’s competitive job market. As individuals become increasingly aware of the norm in employment benefits, what you add to your offer will showcase a well-rounded work environment that encourages people to join. There are various […]

Request a proposal Employers find it important to provide a comprehensive benefits package to attract and retain employees. As an insurance broker, you must make this easier for employers by reducing the costs as much as possible. Group health insurance plans are an effective way to lower employee insurance costs, and you can reduce the […]

¿Es usted una empresa que ofrece planes de jubilación y asistencia sanitaria a sus empleados? ¿Quiere saber cómo cumplir la Ley de Seguridad de Ingresos de Jubilación de los Empleados (ERISA)? Si la respuesta es afirmativa, ha llegado al lugar adecuado. Esta guía simplifica los requisitos de cumplimiento de ERISA y ofrece una lista de comprobación para ayudarle a [...]

Una cuenta de ahorros sanitarios puede ayudarle a ahorrar para sus gastos sanitarios y ofrecerle ventajas fiscales. Si tiene fondos depositados en su HSA, quizá se pregunte si debería mantener el dinero en su cuenta o invertirlo en otro activo para aumentar sus ahorros. A continuación, le explicaremos más sobre cómo conservar o invertir los fondos de la HSA, incluyendo [...]