Whether you are interviewing for a new position, have started a new job or are seasoned at your company, knowing what your benefits are really worth is important and advantageous. This knowledge equips you with a powerful tool as you progress in your career. Many employees curate benefit packages to attract and retain new talent, […]

Benefits play a significant role in employee stability, happiness and retention. The best benefit packages attract top talent and increase retention rates, which translates into success for the company and employees. What Benefits Should You Look for in a Job? Research shows that 82% of employees would feel a greater sense of overall stability if they understood […]

Section 125 plans let employers offer employees non-taxable benefits that contribute toward healthcare expenses. These plans provide significant tax savings, so they’re beneficial to both employers and employees. They also help reduce the burden of rising healthcare costs, allowing businesses to take care of their teams’ financial, mental and physical health. Doing so can result […]

The federal government initiated several programs to address the challenges posed by the coronavirus outbreak. One of these programs was the Consolidated Omnibus Budget Reconciliation Act (COBRA) subsidy, which excluded qualified individuals from paying premiums for a specified duration. Although the program has ended, insurance brokers continue to offer valuable services to clients who have […]

Top Employee Benefits for Millennials and Gen Z 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 hard-working employees and experience these qualities within their operations. As the average cost of employee turnover equates to a third […]

Understanding PCORI Fees for Self-Insured Health Plans 2024 PCORI (Patient-Centered Outcomes Research Institute) Fees The applicable dollar amount for plan years ending on or after October 1, 2023, and before October 1, 2024, the tax is equal to $3.22. This is a .22 increase from the $3.00 rate in 2023. Fees are reported and paid […]

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 […]

Elegir el plan de seguro médico adecuado puede ser abrumador. Lo entendemos, por eso hemos creado esta guía rápida sobre planes de salud con deducible alto frente a planes con deducible bajo. La diferencia entre un seguro médico con deducible alto y uno con deducible bajo Vamos a desglosar algunos términos clave antes de entrar en materia: Deducible: Lo que usted paga por los servicios médicos cubiertos [...]

Las empresas pueden elegir entre planes de salud totalmente asegurados y autoasegurados a la hora de decidirse por una opción de seguro médico. Ambos pueden ayudar a las empresas a satisfacer las necesidades sanitarias de sus empleados, pero tienen dos estructuras distintas, una de las cuales puede funcionar mejor que la otra. Elegir el plan de salud adecuado puede ayudar a reducir los costes del plan y mitigar los riesgos. Describiremos estas [...]