High-deductible health plan and Health Savings Account (HSA) enrollment reached 21 million members in 2017 and is expected to continue to climb. But, because the Internal Revenue Code (IRC) sets specific eligibility requirements for HSA participation, they may not be for everyone. Let’s look at the criteria an individual must meet before enrollment happens.
Offering benefits your employees actually want may help you increase participation and support retention efforts. Also, understanding your employees’ needs may help you decide where to invest your employer contributions for group products.
This checklist can help you start planning for your health insurance open enrollment now.
As self-funded plans continue to gain popularity, it's important employers understand the value of stop loss insurance for catastrophic claims.
Here are some ways you can educate your employees on how they can help prevent their insurance proceeds from going to the wrong person.