A healthy partnership is not just between two organizations with similar goals who mutually benefit—but a relationship between employer and employee. When it comes to maintaining this relationship, one of the keys to a harmonious partnership revolves around the benefits the employer provides the employee. This article explores how HRAs can make for a healthier, happier union between employer and employee.
In this article, we cover what employers and HR reps should consider when determining if a traditional or high deductible health plan (or a combination or both) would be best for their organization.
If the 2020 benefit year taught us anything, it’s that we can’t have too many virtual tools in our benefit toolbelts. If you had a chance to check out our previous Broker Tech Check blog, we covered compliance technology, virtual enrollment, and online management solutions. In this article, we’ll dive a little deeper to help you continue to refine your technology recommendations in this year and beyond.
Due to the pandemic, what seemed to be hard and fast rules turned out to be much more flexible. What hasn’t changed is that everyone still needs secure health care access, and COBRA continuation coverage plays into this fact. These are the top three reasons to pay extra attention to COBRA this year.
How did virtual open enrollment go in 2020? Read our post-evaluation and get tips to improve your online enrollment event for next time. It's likely that having a fully virtual or hybrid event for open enrollment is likely for 2021 as well. Get ahead of the game and start preparing now!
Uncertainty surrounding the ongoing impact of the pandemic is making it tough for anyone to move ahead with confidence, and employers and brokers may still be wondering how to prepare for the rest of 2021. We want to help you prepare for what lies ahead. In this article, we share industry reports that cover anticipated spending and benefits trends for 2021, and provide guidance for employers and brokers that may feel like a ship navigating choppy waters.
With the many changes that happened in 2020, employers’ need for broker assistance with selecting and administering benefit plans has increased–as has the need for technology. We talked with our experts to learn what brokers can do to prepare for 2021 with this broker tech check! Take a look to get ready for next year and check out our latest podcast for more on the topic.
A health reimbursement arrangement (HRA) is a way for employers to reimburse their employees for health expenses. Businesses use HRAs instead of group health insurance or in addition to it, depending on their situation. But with all the acronyms, benefits options, and health care choices available today, what does it all really mean? In this article, learn how HRAs began, how they work, which people they benefit, and what types of HRAs are available. Plus, you can check out the HRA guide we created to help you figure our which HRA is right for you!
On top of managing COBRA administration, employers must figure out how to collect insurance premiums and service fees that were previously collected through payroll deductions. This is where direct billing through a trusted partner can bring relief to employers, brokers, and COBRA recipients alike. With direct billing services, employers are liberated from billing past employees for premiums while employees experience seamless coverage. We spoke with ConnectYourCare’s Director of COBRA Operations, Juli Kline, about how direct billing services make continuation of coverage easier for everyone involved.
It’s that time of year again: You are focused on open enrollment and building the best possible benefit programs. You may even be putting certain compliance solutions in place to help protect your benefits and comply with federal laws. But when was the last time you updated your Section 125 Premium Only Plan document (POP document)?