Connections Benefits Blog

Broker Tech Check: Preparing for the World of Benefits in 2021

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.

By |2020-11-20T10:58:57-05:00November 20th, 2020|Brokers, Employer Posts|

An Employer’s Guide to Health Reimbursement Arrangements (HRA): Which Option is Right for You?

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!

By |2020-11-16T16:57:33-05:00November 16th, 2020|Brokers, Employer Posts, HRAs|

How Direct Billing Can Simplify COBRA Services

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.

By |2020-11-16T12:02:52-05:00November 5th, 2020|Brokers, COBRA, Employer Posts|

ConnectYourCare Announces 2021 IRS Limits for FSA, Commuter Benefits, and Adoption Assistance

On October 26, 2020, the IRS made the official announcement on 2021 contribution limits for health care flexible spending accounts (FSAs), commuter benefits, and adoption assistance. FSA and commuter benefit contribution limits remain unchanged from 2020, while adoption assistance is increasing.

By |2020-10-29T17:58:17-04:00October 29th, 2020|Adoption Assistance, Commuter, FSAs, Legislation|

Compliance Corner: 3 Reasons Why You Should Review Your POP Document Today

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)?

By |2020-10-28T14:18:21-04:00October 28th, 2020|Brokers, Employer Posts, Legislation|
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