Posts Tagged ‘Group Administration’
HSA Spenders: An Overlooked Majority
Many health savings account (HSA) administrators are eager to educate on the value of saving HSA funds. But studies show the majority of HSA account holders are spenders. HSA spenders are defined as those who use the account to pay for health-related costs as they occur. In this whitepaper, learn why spenders are important and…
Read MoreTips for Transitioning to a New Health Spending Account Administrator
As an employer, changing health spending and savings account administrators is an important decision. Everything from administrative set-up to communicating with employees can easily consume a lot of your time. Here are several helpful tips and insights to consider when changing to a new health saving and spending account administrator. As you’re making a partner…
Read MoreBenefitsPRO Broker Expo: Top Five Things We’re Looking Forward To
BenefitsPRO is right around the corner There are lots of things we’re excited about for this year’s BenefitsPro Expo. Here are five of our top reasons: Networking with industry-leading brokers and agents from across the country Gaining a deeper understanding of benefit strategies used and needed by large employers Getting an update about the state…
Read MoreGetting Employees to Use Health Savings Accounts
The numbers tell a story. Enrollment in high deductible health plans (HDHPs) has grown from just 1 million in 2005 to more than 23 million in 2017, according to statistics from America’s Health Insurance Plans.¹ Moreover, employers are increasingly offering health savings accounts (HSAs) as a part of their benefits packages. Yet a recent study…
Read MoreHelping Your Employees Establish a Contribution Cadence
We know contributing to HSAs can provide numerous benefits to employees. The more your employees know about contributions, the better equipped they will be to take full advantage of their HSAs’ tax benefits. HSA contribution limits and tax reporting, if not understood by your employees, can lead to extra work for both of you –…
Read MoreUnderstanding How Health Care Financing Works
A new health insurance plan year has just kicked off, so you may be getting questions from your employees about how their health plans work. At Further, we know that while health care finance can feel complicated, it doesn’t have to be complicated. We’re committed to helping people seamlessly manage their money, health and life. Now is…
Read MoreOpen Enrollment Look-Back
Did You Maximize Open Enrollment? Take a victory lap! You’ve made it through another benefits open enrollment season. This time of year can be incredibly stressful and endlessly busy, so you’ve earned the right to take a breath and relax. Now that open enrollment is over and life is getting back to normal, it’s a…
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 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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