Summer internships offer students opportunities to gain real-world experience and hands-on career development. Conversely, internship programs give employers access to highly motivated and educated young workers and give junior managers more experience training and supervising. There are benefits for everyone involved.
In an effort to help employers continue to promote a healthy workforce all year long–and ultimately save in longterm health care costs–below are some things about we’ve learned from National Nutrition Month.
As we round out the first quarter of the year, we wanted to provide an update on what we are seeing in the marketplace for employer provided health insurance benefits. So far, it is similar to what we’ve seen historically at this point in the year: Insurance carriers are jockeying for position, trying to capture and maintain as much market share as possible, while being thoughtful about their pricing.
Did you know: 94% of employers indicate they are confident they will continue to offer health care benefits. However, only 11% of employers are very confident they can improve the cost management of their health care plan.
Over the last several months our communities have been ravaged by disaster. Just about everyone we know has been impacted in one way or another. But in times of great darkness the light comes from the outpouring of community support.
People need our immediate help. This is why we at Beneflex are supporting the American Red Cross Disaster Relief Fund with a $5,000 donation. We ask that you join us in supporting the American Red Cross and its disaster relief efforts by donating today.
Historically, when people considered health insurance and technology, they haven’t always been regarded as having a very synergistic relationship. While in some areas the health insurance industry is extremely sophisticated, its been often noted that there is a lot of catching up to do with technology. However, we’ve seen a big shift in that lately.
As a local business, we are heartbroken over the devastation that the Thomas Fire, and now the storms and mudslides have caused our communities. Everyone has been affected in one way or another. In an effort to support the agencies that are assiting our communities, we are sharing some important information from the local Red Cross. Search & Rescue The …
As we wrap up our series on the COBRA Payment Process, in this post we will discuss payments by third parties as well as insignificant payment shortfalls. This wraps up our blog series which featured articles on Grace Periods, Notifications, and Premium Payment Methods. Third Party Payment Plan administrators must accept COBRA premium payments from anyone making payments on behalf …
Last month we began to discuss the COBRA Payment Process and walked you through Grace Periods and Notifications. This week we will discuss Premium Payment Methods.
The plan administrator must allow payments to be made in monthly installments, but can also permit payments weekly, quarterly, or semi-annually. Each plan must provide an election notice to notify the qualified beneficiary of the monthly premium amount, the premium due date, and the grace period.
On October 12, 2017, the White House released an Executive Order, signed by President Trump, titled “Promoting Healthcare Choice and Competition Across the United States.”
IMPORTANT: The new Executive Order (EO) does not implement any new laws or regulations, but instead directs various federal agencies to explore options relating to association health plans, short term limited-duration coverage (STLDI), and health reimbursement arrangements (HRAs), within the next 60 to 120 days.