Missed open enrollment? What’s next?
…Health Savings Accounts (HSAs) Health Savings Accounts require owners to be enrolled at the same time in an HSA-eligible high-deductible health plan (HDHP). As long as that status is in place,…
Search Results for: change of status
IRS Clarifies ARPA COBRA Premium Assistance – FAQs and Answers
…Health Insurance Exchange, eligible for COBRA and premium assistance? Yes. A person who had a reduction in hours or was involuntarily terminated and is now enrolled in an individual health…
“The Case for COBRA System Flexibility: Expecting the Unexpected” – BenefitsPRO features article by DataPath Chief Marketing Officer
What are COBRA administrators to do in the face of all this change? At the very least, they have to stay flexible. And that flexibility has to start with their…
BPM: Key to Organizational Success
…This helps the company achieve its strategic goals through effective dealing with market changes. The Importance of BPM in Modern Business Enhanced Efficiency BPM aims to eliminate non-productive operations. By…
WHITEPAPER: Effective Benefits Strategies for a Multi-Generational Workforce
…21st century, are beginning their careers. Rapid changes in technology throughout the 20th and early 21st century, cultural forces, and personal experiences, uniquely shaped each generation. Given these factors, there…
WHITEPAPER: Changing Employer-Employee Dynamics Create New Opportunities for TPA Growth
…to support employee livelihood, health, and dignity to degrees never before experienced. Decades of further evolutionary change were effectively compressed into a span of about two years. When the pandemic…
6 Things to Know About HSAs
…qualified healthcare expenses, regardless of insurance coverage status. Catch-Up After Age 55 Each plan year, the IRS sets an annual contribution limit for HSA account holders. However, account owners aged 55…
Are We at Risk of a COBRA Avalanche? COVID-19 COBRA Compliance and Other Concerns for Benefits Administrators
…multiple chronic conditions (38% vs 24%), and more than twice as likely to report poor health status. Although considered prohibitively expensive to be a long-term solution for most people, the…
Designing Good Employee Benefits: 8 Questions You Should Ask
…primary care visits may indicate the overall status of workforce health and uncover the need for better preventive care or health improvement programs. It’s also helpful to ask about visits…
WHITEPAPER: TPAs Still Have Time to Enter the Thriving HSA Market
…Regardless of the individual’s employment status or health coverage, the HSA is theirs to keep and use. Third, an HSA can function as a supplementary retirement account, similar to a…