How to plan for a successful Benefit Open Enrollment (0)
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The substantial amount of labor and hours involved in open enrollment season is something all too well-known to benefit administrators. But, are you making it harder than it should be? Administrators can make the open enrollment process go much more smoothly, and with a lot less intensive labor, by simply assessing the effectiveness of past [...]
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Debit Cards Can Be Used to Purchase OTC Drugs (0)
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Debit Cards Can Be Used to Purchase OTC Drugs Only When IRS Requirements Are Met The Patient Protection and Affordable Care Act (health care reform) limited the ability of health plans to cover over-the-counter (OTC) drugs, permitting reimbursement from flexible spending accounts (FSAs) and health reimbursement accounts (HRAs) beginning January 1, 2011, only when OTC [...]
Use Voluntary Benefits to Offset Negative Reaction to Benefits Cutbacks (0)
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Use Voluntary Benefits to Offset Negative Reaction to Benefits Cutbacks All successful companies face the challenge of attracting and retaining the best employees. Even in an economy with widespread workforce reductions and a job market that favors employers, salary freezes, bonus eliminations and benefits cutbacks make it more difficult to motivate employees and maintain their [...]
Another reason to use a Third Party Administrator (0)
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Communications Are Most Important Factor in Generating Satisfaction with Benefits Effective communications can have as much impact on employees’ satisfaction with their benefits as the actual benefits offered or the amount of money a company puts into a benefits plan. This finding, from a study by the Prudential Insurance Company, illustrates one way for companies [...]
Flexible Spending Accounts – Another Way to Add to Your Benefits (0)
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Cafeteria Plan Employee Benefit Should be Another Feather in Your Benefit Program’s Cap IRS code allows for employers to implement a pre-tax Section 125 Cafeteria Plan as an employee benefit. This plan allows for unreimbursed insurance expenses to be paid pre-tax. Examples include insurance premiums, doctors office co-pays, prescription co-pays, eye exams, eye glasses, contact [...]
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How to plan for a successful Benefit Open Enrollment•
Debit Cards Can Be Used to Purchase OTC Drugs
Flexible Spending Accounts»
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How to plan for a successful Benefit Open Enrollment•
Debit Cards Can Be Used to Purchase OTC Drugs
Pre-tax Cafeteria Plans»
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Debit Cards Can Be Used to Purchase OTC Drugs•
Flexible Spending Accounts – Another Way to Add to Your Benefits
