In 1978, an unlikely combination of tax reform legislation and a desire to save on medical costs gave rise to the Flexible Spending Account (FSA), a key employee fringe benefit still commonly used today. For most individuals with employer-funded health plans, a flexible spending account is a flexible spending arrangement where employees enjoy pre-tax savings Read more…
Health insurance brokers are like real estate agents. Just as a real estate agent can help you find the perfect property, an insurance broker can set you up with the perfect benefits plan for your company. Health insurance brokers are a bit different, though. Your broker is a licensed industry expert who will do the Read more…
The benefits of workplace wellness programs are endless. Not only is it useful for attracting top talent, but healthier employees inevitably lead to “lower medical claims costs, which leads to lower medical premiums, which leads to a better profit margin.” To boost engagement, most employers offer some sort of incentive to employees for participation. However, Read more…
