Limits Regarding HDHPs, HSAs, and HRAs Set to Change Next Year

Posted By bahim on Jun 15, 2022

You enrolled in a High Deductible Healthcare Plan (HDHP) because it helps you to achieve lower monthly premiums. In addition, a Health Savings Account (HSA) or Health Reimbursement Arrangement (HRA) helps you to manage the out-of-pocket expenses associated with these types of healthcare plans. However, changes in the cost of living would render these types of plans and accounts much less useful if certain limits were not occasionally...

Employers: Take Note of Changes to HDHPs, HSAs, and HRAs

Posted By bahim on Jun 15, 2022

Your employees utilize a High Deductible Healthcare Plan because it helps them to maintain lower premiums. Plus, a Health Savings Account or Health Reimbursement Arrangement helps them to manage the out-of-pocket expenses associated with these types of healthcare plans. But because the cost of living does change over time, these plans would lose their appeal and usefulness if we did not occasionally adjust certain limits with regard...

An Often Overlooked but Important Employee Benefit

Posted By bahim on May 11, 2022

For many employees, certain benefits are more than simple “perks”. They’re extremely important, perhaps even essential, to maintaining health and job satisfaction. This is especially true of mental health care, which in the past was not always viewed as a crucial benefit by employers. These days, 42 percent of workers say they’re more likely to stay with a job that offers mental health care. Lack of mental health care is equally...

How Health Insurance Covers Mental Health Treatment

Posted By bahim on May 11, 2022

In the past, those suffering from mental health concerns often felt swept under the rug, with services difficult to obtain and health insurance coverage lacking. The good news is that a lot has changed in recent years, and all Californians should know their rights regarding mental health services. We now recognize that mental health is just as important as physical health. And the law agrees: The Affordable Care Act defines mental and...

4 Employee Benefits That Are Growing in Popularity

Posted By bahim on Apr 13, 2022

You want happy, healthy workers, and your workers want to be happy and healthy. That’s why offering a comprehensive benefits package is a win-win scenario. But in today’s changing landscape, both current and prospective employees are often looking for something a bit out of the box. Consider these four benefit options, and you can get ahead of the competition with regard to recruiting and retaining top talent. Help with student loans....