Health Insurance
How Small Businesses Can Attract Ideal Employees with Group Benefits
The challenges small business - and their owners - face are vast. Managing employees, keeping and acquiring new clients, or simply paying the bills to keep the lights on can be overwhelming for many entrepreneurs. Amongst these issues is the question of how employee benefits are handled...
Health Savings Accounts (Part II): What Are the Benefits and Downsides of HSA?
Last time, we reviewed what a Health Savings Account is and how it has changed with the new Health Care Act. Now we’ll move on to whether an HSA makes sense for you and your family, including both the benefits and the downsides...
What is a Health Reimbursement Arrangement (HRA)?
What if we told you that you could save an average of $5,100 on your taxes every year by using a simple and straightforward health expense approach? A Health Reimbursement Arrangement Plan can do just that. What is a Health Reimbursement Arrangement (HRA)?
5 Important Things Employers Should Know About Paying and Auditing Your Monthly Health Insurance Invoice
Once your insurance plan has been processed and set up by the insurance carrier, you will receive monthly invoices which will detail the enrollments for each of your employees. It is important to be timely in submitting your premium payments in order to avoid the risk of losing coverage...
How Probationary Periods, Enrollment Adds, and Qualifying Events Work for Employers & Employees
When you get a new job, there’s an innate excitement that may make you look over or forget to ask about certain aspects of the job. Often, employers use probationary periods that affect benefits of new hires.What’s more is healthcare issues relating to qualifying events, adding new employees...
Understanding Your Insurance Carrier’s Explanation of Benefits: How to Read It and What to Do Next
Each time your insurance carrier processes a claim for you, you will receive an Explanation of Benefits (EOB). This is not a bill, but rather an explanation of how your claim was processed.The Explanation of Benefits will show you the amount that your provider billed, what the insurance carrier...
5 Key Benefits of Member Registration with Your Insurance Provider
Understanding your health insurance plan isn’t always simple and straightforward. However, with the help of an insurance provider, you’ll gain benefits and better understanding in no time.Here are 5 key benefits of registering with your insurance provider...
The State of Health Insurance for Your Employees: What Businesses Need to Do Next
With a new administration in office, there are plenty of businesses concerned with the state of their employee’s insurance policies. Here’s what businesses need to know...and what they need to do next.Continue to Notify Your Employees about The ExchangeEmployers will still need to notify their emplo
What to Expect During Your First Trip to the Doctor with Your New Insurance Plan
Whether you’re visiting your doctor for a regular checkup or an emergency, the first time you visit with new insurance may be tricky. Here’s what to expect during your first trip to the doctor with your new insurance plan. Make sure to give the doctor your new insurance card...
5 Questions to Prepare You for Your First Trip to the Pharmacy on Your New Health Insurance Plan
When your insurance plan changes, it’s not uncommon to be slightly disoriented the first time you visit the pharmacy for your regular prescription(s). Here are 5 ways to be more prepared walking in the pharmacy door. How does the pharmacy get your new insurance information?
