Blog
Helping Employees Avoid a New Year’s FSA Hangover
It’s that time of year again. The time when holiday bills and unintentionally bad spending behavior have come due. Whether that means spending too much on a teenager’s video game system, a spouse’s automated vacuum cleaner, or even a holiday party that went on a little later than expected, it results in a different kind…
Read MoreThe Cost of Common Holiday Injuries
Slipping a disk while picking up a grandchild to greet them. Choking on a turkey bone during a holiday meal. Indulging in too many festive cocktails. According to the United States Consumer Product Safety Commission (CPSC), more than 15,000 holiday-related injuries occur this time of year. This holiday season, it’s important your employees understand how…
Read MoreEnd Of Year FSA Expenses: An Employee Cheat Sheet
The scenario is all too familiar for employers and human resource managers: The year ends, and employees still have unspent funds in their flexible spending accounts. Whether employees forget that the money in their FSAs must be used or it will be lost, or they simply aren’t aware of which expenses can be covered by…
Read MoreHSAs – The Past, Present, and Future
Health savings accounts (HSAs) were born in 2003. How have they evolved into the popular health care plan they are today, and what direction could they go in the future? HSAs were signed into law in 2003 to provide consumers a new way to save and pay for health care spending. As a new type…
Read MoreHow to Boost Employee Adoption of HSAs
It’s no surprise that research has found employees tend to delay or disengage from decisions they view as difficult and complex. In the 1980s, the struggle among employees was 401(k) adoption, even though it was the most practical retirement financial tool in the market. These days, the challenge is centered on consumer directed health plans…
Read MoreTop reasons we’re excited for the 2018 EBN Benefits Forum and Expo
We’re heading to New Orleans for the EBN Benefits Forum & Expo! But, that’s not all. There will be lots to see and do at the show. We’re looking forward to catching up with old friends, meeting new ones, and keeping up-to-date with what’s happening in the benefits industry. The top 10 things we’re most…
Read MoreLegislative Update: House Passes Two Bills Modernizing HSA and FSA Rules
On July 25, 2018, the House passed two bills that would modernize health savings account (HSA) and flexible spending account (FSA) rules and expand consumers’ ability to cover their health care expenses. The Restoring Access to Medication and Modernizing Health Savings Accounts Act (H.R. 6199) and the Increasing Access to Lower Premium Plans and Expanding…
Read MoreFive Strategies for Improving Engagement During Open Enrollment
As the health care insurance marketplace continues to transition towards High Deductible Health Plans (HDHP), employees are taking on more responsibility for their own health care. This means it is critical that employers engage their employees effectively during this upcoming enrollment season. HDHPs have proven to not only lead to lower health care costs but…
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