Archive for Posts Tagged ‘insurance’

Tips to Maximize your HSA Benefits | TX Employee Benefits Advisors
Sep

8

2020

Tips to Maximize your HSA Benefits | TX Employee Benefits Advisors

Health Savings Accounts (HSA) are great ways to save tax-free money for medical expenses both in the current term, and for your retirement years. By making wise choices, you can maximize the benefit of these fantastic savings accounts. Let’s take a quick look at the basics and then explore some tips on how to make your HSA money grow. What is an HSA? According to…

Read More
REMINDER: HEALTH PLAN PCORI FEES ARE DUE JULY 31 | Texas Benefits Team
Jul

22

2019

REMINDER: HEALTH PLAN PCORI FEES ARE DUE JULY 31 | Texas Benefits Team

Employers that self-insured any group health plans in 2018, including health reimbursement arrangements (HRAs), are responsible for determining whether the annual PCORI fee applies to their plan. If so, use Form 720 to calculate, report, and pay the fee by July 31, 2019. PCORI stands for the Patient-Centered Outcomes Research Institute. Federal law imposes a small annual fee on most health plans that include medical benefits in order to raise…

Read More
PCORI Fee Increase for Health Plans | Houston Benefits Consultants
Nov

7

2018

PCORI Fee Increase for Health Plans | Houston Benefits Consultants

On November 5, 2018, the Internal Revenue Service (IRS) released Notice 2018-85 to announce that the health plan Patient-Centered Outcomes Research Institute (PCORI) fee for plan years ending between October 1, 2018 and September 30, 2019 will be $2.45 per plan participant. This is an increase from the prior year’s fee of $2.39 due to an inflation adjustment. Background The Affordable Care Act created the…

Read More

Oct

31

2018

Choosing the Right Flexible Benefit for Employees | TX Benefits Agency

Trying to decide which of the many employer-sponsored benefits out there to offer employees can leave an employer feeling lost in a confusing bowl of alphabet soup—HSA? FSA? DCAP? HRA? What does it mean if a benefit is “limited” or “post-deductible”? Which one is use-it-or-lose-it? Which one has a rollover? What are the limits on each benefit?—and so on. While there are many details to…

Read More
Looking Backward to Plan Forward | Houston Benefits Firm
Oct

17

2018

Looking Backward to Plan Forward | Houston Benefits Firm

We have entered Open Enrollment season and that means you and everyone in your office are probably reading through enrollment guides and trying to decipher it all. As you begin your research into which plan to choose or even how much to contribute to your Health Savings Account (HSA), consider evaluating how you used your health plan last year. Looking backward can actually help you…

Read More
Wealthy vs Financial Fit. Here’s the Difference and Why It Matters | Houston Employee Benefit Consultants
Sep

7

2018

Wealthy vs Financial Fit. Here’s the Difference and Why It Matters | Houston Employee Benefit Consultants

People can be wealthy without being financially fit, meaning they can have a lot of assets or money tied up in assets, but those assets aren’t “liquid.” Let me explain. Say you have a house that has escalated in value in the real estate market. You may have this large asset, but that doesn’t necessarily mean you’re financially comfortable from an income standpoint. You aren’t…

Read More
Addressing Mental Health Care at Work | Houston Benefits Firm
Sep

4

2018

Addressing Mental Health Care at Work | Houston Benefits Firm

Nancy Spangler, senior consultant at the Center for Workplace Mental Health of the American Psychiatric Foundation, says that one in five adults has a mental health disorder, and one in 10 has a substance abuse problem. In addition, major depression and its associated conditions cost the U.S. over $210 billion every year. Clearly, mental health is an issue we need to investigate both in our…

Read More
6 Reasons Self-Funded Plans Are Gaining Popularity | Houston Benefits Advisors
Aug

28

2018

6 Reasons Self-Funded Plans Are Gaining Popularity | Houston Benefits Advisors

Since the ACA was enacted eight years ago, many employers are re-examining employee benefits in an effort to manage costs, navigate changing regulations, and expand their plan options. Self-funded plans are one way that’s happening. In 2017, the UBA Health Plan survey revealed that self-funded plans have increased by 12.8% in the past year overall, and just less than two-thirds of all large employers’ plans…

Read More
Affordable Care Act Update | Jersey Village Benefit Advisors
Aug

21

2018

Affordable Care Act Update | Jersey Village Benefit Advisors

Recently, the President signed a bill repealing the Affordable Care Act’s Individual Mandate (the tax penalty imposed on individuals who are not enrolled in health insurance). While some are praising this action, there are others who are concerned with its aftermath. So how does this affect you and why should you pay attention to this change? First, as an individual, if you do not carry…

Read More

Jul

5

2018

Disability Insurance | Houston Employee Benefit Brokers

Are you prepared for an unexpected absence from work? How do you prepare for the unexpected?? Check out this video to learn more about how disability insurance can help you!  

Page 1 of 512345