Fully Insured or Self-Insured Medical Plans: Which Is Right for You?
. Fully insured and self-insured plans can both offer your employees complete medical coverage. However, the funding mechanisms of the two vary greatly.
Employee Benefits
Inexpensive Solutions To Improve Your Employees’ Mental Health
The mental health of employees consistently ranks as the biggest challenge facing businesses today. According to a report from the Office of the U.S. Surgeon General: 76% of employees report at least one mental health condition. 84% say their work environment contributes to mental health challenges.
FSAs, HRAs and HSAs: Which One Is Right for Your Employees?
Flexible spending accounts (FSAs), health reimbursement arrangements (HRAs) and health savings accounts (HSAs) can help lessen the financial burden of employees’ medical costs. All three allow employees to set aside pretax dollars so they (and their family members or dependents) can pay for qualified medical expenses (QMEs).
Give Employees What They Want With Voluntary Benefits
Voluntary benefits round out a company’s employee benefit offerings, raising them from a plan that just checks the box to a comprehensive plan employees can personalize.