Salary-based Health Insurance Premiums

Employee health insurance premiums at most companies differ only by family size and type of plan (for example, deductible amount). At some companies, though, another factor is taken into account—salary. Meaning that employees who earn less, pay lower insurance premiums. Several companies like GE and Pitney Bowes have based insurance premiums on employees’ salaries for Read More >>

Health Savings Account (HSA) Contribution Limits for Spouses

Federal tax law imposes strict limits on how much can be contributed to a health savings account (HSA) each year. The maximum contribution limit generally depends on whether an HSA-eligible individual has self-only or family coverage under a high deductible health plan (HDHP). Individuals who are age 55 or older by the end of the Read More >>

2021 Benefits Trends So Far

As the second half of 2021 begins, it is important to look at the benefits industry trends that have emerged thus far. Acknowledging and responding to these trends can help you recruit and retain talented employees and help you position yourself for a more productive 2022. According to Harvard Business Review: Trend 1: Mental Health Read More >>