What is a compensation strategy?
What is a compensation strategy?

What is a compensation strategy?

When looking to attract and retain qualified workers, you need to evaluate how your organization approaches its compensation package and employee benefits. With …

January 22, 2024 at 9:30 AM 7 min read
What is a copayment?
What is a copayment?

What is a copayment?

In today's complex healthcare landscape, having a good understanding of health coverage and medical terminology is essential. One term that often comes up is co …

January 16, 2024 at 3:52 PM 6 min read
The secret to negotiating lower medical bills
The secret to negotiating lower medical bills

The secret to negotiating lower medical bills

If you’ve ever been shocked by an expensive medical bill and wondered how you would pay for it, you’re not alone. KFF1 found that nearly 41% of Americans report …

January 16, 2024 at 8:56 AM 7 min read
Is health insurance reimbursement taxable?
Is health insurance reimbursement taxable?

Is health insurance reimbursement taxable?

There are many options to choose from when reimbursing employees for their health insurance expenses. Due to the rising cost of health insurance, many business …

January 12, 2024 at 8:30 AM 5 min read
HRA eligibility by type of business owner
HRA eligibility by type of business owner

HRA eligibility by type of business owner

Health reimbursement arrangements (HRAs) are a flexible and personalized way of offering health benefits to employees. But a common question we get from busines …

December 8, 2023 at 12:17 PM 5 min read
What is critical illness insurance?
What is critical illness insurance?

What is critical illness insurance?

We're often told to expect the unexpected in life. But, a 2023 Bankrate report1 found that nearly one in four Americans have no emergency savings.

November 22, 2023 at 4:48 PM 4 min read
Seven strategies to set a QSEHRA budget
Seven strategies to set a QSEHRA budget

Seven strategies to set a QSEHRA budget

The qualified small employer health reimbursement arrangement (QSEHRA) offers small businesses a cost-effective way to provide healthcare benefits to their empl …

November 16, 2023 at 1:25 PM 6 min read
What is open enrollment?
What is open enrollment?

What is open enrollment?

As each year ends, employers and employees must start making plans for the new year—and their health coverage is no exception. November through January is gener …

October 6, 2023 at 11:12 AM 5 min read
Can an employer contribute different amounts toward employee medical insurance?
Can an employer contribute different amounts toward employee medical insurance?

Can an employer contribute different amounts toward employee medical insurance?

October 5, 2023 at 7:30 AM 7 min read

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Group health insurance vs. HRAs comparison chart preview image