Minimum contribution requirements: Group health insurance vs. HRAs
Minimum contribution requirements: Group health insurance vs. HRAs

Minimum contribution requirements: Group health insurance vs. HRAs

The regulations and restrictions surrounding traditional group health insurance can make it frustrating for small and midsize (SMB) employers to find a plan tha …

April 12, 2024 at 6:52 AM 5 min read
Five advantages of individual health insurance
Five advantages of individual health insurance

Five advantages of individual health insurance

With so many health insurance options to choose from, how do you know what's best for your business? Group plans have traditionally been a popular choice for em …

April 9, 2024 at 6:52 AM 6 min read
HRA vs. HSA vs. FSA comparison chart
HRA vs. HSA vs. FSA comparison chart

HRA vs. HSA vs. FSA comparison chart

As healthcare costs continue to rise, you may wonder how you can continue to offer employees at your small or midsize business a competitive health benefit with …

April 5, 2024 at 9:00 AM 9 min read
How does an HRA work?
How does an HRA work?

How does an HRA work?

Offering traditional group health benefits has grown increasingly difficult for small and mid-sized organizations. It can often be too costly, complex, or rigid …

March 14, 2024 at 6:30 AM 9 min read
What is a spot bonus?
What is a spot bonus?

What is a spot bonus?

It's important to reward your hard-working employees for their exceptional performance. A promotion or bump in salary isn't your only option to show appreciatio …

March 7, 2024 at 6:04 AM 4 min read
Who can administer a health reimbursement arrangement (HRA)?
Who can administer a health reimbursement arrangement (HRA)?

Who can administer a health reimbursement arrangement (HRA)?

In the world of employee benefits, health reimbursement arrangements (HRAs) have gained popularity as a flexible and cost-effective health coverage option. Some …

February 22, 2024 at 5:32 AM 6 min read
Important deadlines for health reimbursement arrangements
Important deadlines for health reimbursement arrangements

Important deadlines for health reimbursement arrangements

If you’re an employer who has recently set up a health reimbursement arrangement (HRA), you may have questions about required timeframes and deadlines for reimb …

February 16, 2024 at 9:30 AM 8 min read
Can I offer a health insurance stipend?
Can I offer a health insurance stipend?

Can I offer a health insurance stipend?

For many small and medium-sized businesses (SMBs), offering a traditional group health plan is an expense it simply can't afford. Luckily, other more affordable …

February 8, 2024 at 7:33 AM 4 min read
What percent of health insurance is paid by employers?
What percent of health insurance is paid by employers?

What percent of health insurance is paid by employers?

If you’re in charge of benefits for your organization and are considering a new health insurance program, your organization's contribution strategy is an essent …

February 2, 2024 at 8:40 AM 7 min read

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Group health insurance vs. HRAs comparison chart preview image