Case Study: Using Data to Identify Healthcare Savings for a Mid-size Manufacturer
Companies understand that they need to leverage a variety of solutions to provide meaningful healthcare coverage, promote wellbeing and mitigate cost.
Companies understand that they need to leverage a variety of solutions to provide meaningful healthcare coverage, promote wellbeing and mitigate cost.
We recently took a look nationwide at the best and worst health savings accounts (HSAs) for singles and families. When you slice the UBA survey data by industry, some big differences emerge there as well. Singles/families in the accommodation/food services industries received virtually no support from employers, with average HSA contributions at $149 and $172 … Continued
Question: If an employee of an applicable large employer takes an unpaid leave of absence (not Family and Medical Leave Act), what happens to their benefit eligibility during that time? Answer: The answer depends on whether the employer is using the measurement and lookback method of tracking employees or the monthly method. Measurement and lookback: … Continued
The UBA Health Plan Survey reveals variations by industry in HSA use and contributions.
If an employee of an applicable large employer takes an unpaid leave of absence (not FMLA), what happens to their benefit eligibility during that time?
A Summary of Benefits and Coverage (SBC) is four-page (double-sided) communication required by the federal government. It must contain specific information, in a specific order and with a minimum size type, about a group health benefit’s coverage and limitations. Recently, the Department of Labor (DOL) issued proposed revisions to the template and related materials. The … Continued
Are you the type of employee who eats alone? You may be doing yourself a disservice according to an article on the Society For Human Resource Management’s website titled, “Breaking Bread At Work Boosts Bottom Line, Study Claims.”
We’ve just released the latest findings from the UBA Health Plan Survey related to how health reimbursement arrangements (HRAs) and health savings accounts (HSAs) are being used among employers. (Spoiler alert: California employers lead the way with the most generous account-based plans.) So which is faring better in the industry, HRAs or HSAs? The answer … Continued
The Department of Labor has issued proposed revisions to the template and related materials.
Which is faring better in the industry, health reimbursement arrangements or health savings accounts?
Two Radnor Corporate Center
Suite 110
Radnor, PA 19087
610-567-0175
800-527-3615
