Benefits 101 (10)
Tuesday, 30 January 2024 22:33
What to Know About Newborn Health Coverage
Written by Kristen Russell
Welcoming a newborn into your family is a joyous occasion that also comes with significant responsibilities.
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Benefits 101
Wednesday, 18 October 2023 00:52
Why Dental Benefits Are Crucial for Your Overall Well-being
Written by Kristen Russell
Selecting and utilizing dental benefits is crucial because the condition of your teeth and gums significantly impacts your overall health. Proper oral health care can help prevent infections, tooth decay, gum disease and other conditions. Furthermore, good oral health supports not only your teeth and gums, but your overall health…
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Benefits 101
Engaged employees are more than just satisfied with their jobs, they are committed to the company and its goals. They have passion, pride and energy for their work and their organization and are willing to go the extra mile on a regular basis. Employees who are truly engaged stay because…
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Benefits 101
There have been shifts in the path to parenthood as many people turn to in vitro fertilization, surrogacy and egg freezing to build their families. As such, employers are responding to these modes of family-building with expanded and inclusive benefits. Family-building benefits can support many different forms, but some of…
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Wednesday, 26 April 2023 23:37
What Happens If Your Employees Miss Open Enrollment?
Written by Kristen Russell
If your employees miss your open enrollment deadline, they could lose coverage and be unable to make benefits changes or enroll until the next enrollment period. One exception to this rule is if they experience a life-changing qualifying event that would trigger a special enrollment period (SEP). Events such as…
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Benefits 101
Investing in a health savings account (HSA) is a rapidly growing trend. An HSA is a tax-exempt savings account used to pay for qualified out-of-pocket medical expenses of an individual, their spouse and dependents.
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Monday, 21 November 2022 01:00
IRS Increases 2023 Limits for Health FSA & Qualified Parking and Mass Transit
Written by Susan Shepard
The 2023 contribution limit for Healthcare Flexible Spending Accounts (FSAs) is increasing to $3,050, an increase of $200 from 2022. The maximum carryover amount that employers may implement also increases to $610 (20% of the contribution limit).
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Monday, 21 November 2022 00:39
Employee Guide to the Major Types of Health Plans
Written by Kristen Russell
You have many choices when selecting a health insurance plan, which can make the process feel overwhelming. Health plans vary and have their own benefits and drawbacks related to coverage, primary care providers (PCPs), copays, premiums and more.
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There are a lot of details related to the Affordable Care Act (ACA) that impact many employers. Attached is our ACA Client Guide, a ready reference to help you understand rules, considerations and what your company may need to do.
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In 2020, Colorado voters approved the statewide ballot measure Proposition 118, creating the Paid Family and Medical Leave initiative (PFML). Since then, the Colorado Department of Labor and Employment (CDLE) has been writing regulations to finalize the statewide insurance program which will begin requiring premium payments in 2023 and offering…
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