Open Enrollment: Your Annual Check-Up for Benefits | PA Benefits Group
Navigating health insurance can feel like planning a vacation. You wouldn’t pack for a beach trip if you’re headed to the mountains, right? Similarly, choosing a health plan requires careful consideration. Open enrollment is your chance to design a plan tailored to you; it is your yearly opportunity to review and adjust your employee benefits … Continued
Empowering Gen Z: Building a Competitive Benefits Package | Pennsylvania Benefits Agency
Get ready for a new wave of talent! Gen Z (born between 1997 and 2012), or Zoomers, is the youngest generation entering the workforce, and they’re bringing fresh perspectives and priorities. Unlike previous generations, Gen Z isn’t just punching a clock. They crave opportunities for personal and professional growth, a workplace that prioritizes mental well-being, … Continued
Empowering Millennials: Building a Competitive Benefits Package | PA Employee Benefits Firm
Today’s workforce is a mix of generations, but you can’t afford to overlook Millennials, the largest generation in the workforce. Known for their flexibility and problem-solving skills, Millennials bring a powerful combination of experience and value to any company. Millennials, also known as Generation Y, are a driving force in today’s job market. This generation … Continued
Understand Your Spending Power: What You Can Buy with Your FSA, HSA, or HRA | Pennsylvania Benefits Agents
Medical expense accounts can help you save on all kinds of healthcare costs. Here are some you may not know about yet. HSA, FSA, and HRA can typically be used for: Medical expenses: Doctor visits, surgeries, prescriptions, dental and vision care, and mental health services. Over-the-counter (OTC) medications: Many OTC medications, including pain relievers, allergy … Continued
Unleashing Productivity: Breaking the Burnout Cycle Through PTO Utilization | Pennsylvania Benefits Agency
In today’s fast-paced work environment, burnout has become a pervasive issue. Ironically, one of the most effective tools for combating burnout – paid time off (PTO) – is often underutilized. Let’s explore strategies to encourage employees to take their well-deserved breaks and reap the benefits of a refreshed workforce. Understanding the Problem: Fear of Missing … Continued
Navigating the Alphabet Soup: HRAs, HSAs, and FSAs Explained | PA Benefits Team
Managing healthcare costs can feel like deciphering a complex code. Three acronyms frequently pop up: HSAs, HRAs, and FSAs. But what exactly do they mean, and which one is right for you? Let’s break down these accounts and explore how they can help you save on qualified medical expenses. Understanding the Accounts: Health Savings Accounts … Continued
Child Care Insecurity – Potential Solutions | PA Employee Benefits Agency
The lack of affordable and available child care in the United States continues to take its toll on workers and employers alike. It not only affects working parents with child care needs, consider the effect on coworkers who have to pick up the slack of absent team members or the staffing shortages organizations experience, especially … Continued
HSAs Made Easy: Learn the Essentials & Protect Your Savings from Mistakes | PA Employee Benefits Team
Health savings accounts (HSAs) have become a vital part of many employers’ benefits packages, offering employees a powerful tool to manage healthcare expenses while benefiting from tax advantages. However, managing HSAs goes beyond just facilitating contributions. It also involves understanding and addressing mistakes with distributions that employees might encounter. This article delves into the basics … Continued
Empowering Gen X: Building a Competitive Benefits Package | Pennsylvania Benefits Group
Today’s workforce is a mix of generations, and Gen X is a group you can’t afford to overlook. Known for their flexibility and problem-solving skills, Gen X employees bring a powerful combination of experience and value to any company. Gen X, those born between 1965 and 1980, makes up a significant chunk (27%) of today’s … Continued
PCORI Fee Filing Deadline | PA Employee Benefits Group
The Patient-Centered Outcomes Research Trust Fund fee, often referred to as the PCORI fee, can be a source of confusion for employers offering health insurance plans. This article aims to simplify what the PCORI fee is, why it exists, and how it impacts your business. What is the PCORI Fee? The PCORI fee is an … Continued
