What is an Association Health Plan?

Learn the Basics of Association Health Plans for Employers What is an Association Health Plan? When considering your organization’s health coverage offerings, it’s important to understand association health plans, or “AHPs.” Fundamentally, association health plans are a type of group medical insurance.  An association health plan can provide these businesses and individuals with significant savings,… Continue reading What is an Association Health Plan?

Fringe Benefits for Employees

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Fringe benefits are defined by the IRS as being a kind of pay that’s awarded for the performance of services. A fringe benefit is often considered to be an extra offering outside of a business’s standard health insurance plans.   The employer is regarded as the provider of any fringe benefits that employees receive, even… Continue reading Fringe Benefits for Employees

What is an EPO Health Plan?

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An Exclusive Provider Organization plan is pretty self-explanatory. It requires members to only visit doctors and hospitals that are within its own network. This type of plan may suit people who live in a big city as it’s likely that they’ll be situated closely to in-network healthcare providers. Conversely, people living in more rural areas… Continue reading What is an EPO Health Plan?

Top Tips for a Smooth Open Enrollment

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Every year, your employees have a tough decision to make. It’s a decision that could have a huge impact on the finances and the health. Employees often turn to HR to help them make the right decisions. The following open enrollment tips are sure to make the process simpler for your employees.   Assume Your… Continue reading Top Tips for a Smooth Open Enrollment

What Better Benefits Administration Can Mean for Your Business

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Benefits administration can transform your business when it’s done correctly. A business that’s operating better can experience benefits across a wide range of areas. The following five points are what your business could experience with better benefits administration protocol in place.   A Reduction in Payroll Errors   Manual payroll processes leave your business vulnerable… Continue reading What Better Benefits Administration Can Mean for Your Business

A Reduction in Healthcare Costs for Larger Businesses

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High growth companies often surpass the health insurance milestone with little effort. Until your business has over 50 or 100 employees, depending on your state, you won’t really be able to negotiate your health insurance rates. It’s likely that your health insurance plans will be your biggest expense after employee salary, but until you expand… Continue reading A Reduction in Healthcare Costs for Larger Businesses

Choosing a Benefits Administration System for Your Business

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There are different kinds of HR technology platforms tailored for businesses in different kinds of industries. It is important to learn what is best for your business before you decide what tech to implement. Another factor to consider is the size of your business. What’s right for a business with a handful of employees is… Continue reading Choosing a Benefits Administration System for Your Business

How to Improve the Open Enrollment Process for Employee Benefits

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While many aspects of your business are likely to have progressed into the modern age seamlessly, the open enrollment process is likely to have remained unchanged. There are many ways in which you can improve the benefits enrollment experience for your employees. We’ve put together this short guide to help you make things a lot… Continue reading How to Improve the Open Enrollment Process for Employee Benefits

What Is HR Compliance and Why Does It Matter?

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There are a ton of federal requirements that every company must meet. In addition to this, there’s also a wealth of these requirements on a state and local level. It’s up to HR to make sure that businesses comply with these regulations by implementing relevant company policies. Keeping businesses compliant is important as it means… Continue reading What Is HR Compliance and Why Does It Matter?

The Importance of Team Bonding for Your Employees

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Encouraging your employees to bond can help increase happiness in your workplace and reduce the likelihood that issues will arise that need the attention of your HR team. There are countless ways in which you can encourage your team to bond. It’s a fact that regularly team bonding exercise boost productivity, decreases sick days, and… Continue reading The Importance of Team Bonding for Your Employees