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How to lower employee stress about health insurance

Insperity

Health insurance is often the biggest-ticket item in any company’s benefits package, and the cost of health insurance rises on average each year , historically. Companies spend a lot of money, time and effort to make their benefits competitive and provide quality group health insurance plans to employees.

Insurance 254
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Little-Known Things to Consider When Shopping for Group Health Insurance

Insperity

If you’re shopping for group health insurance for your company the first or second time around, it can be hard to make a confident choice. Not to mention, the Affordable Care Act (ACA) has changed the group health insurance market considerably. The main oversight: Ruling out HSA-qualified plans. High-deductible health plans.

Insurance 217
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How to contain employee benefits costs (and why most businesses struggle)

Insperity

per hour, per employee, for health-insurance costs, according to Sept. In 2021, employer expenses for health insurance are expected to rise by 3.9 In 2021, employer expenses for health insurance are expected to rise by 3.9 Why benefits costs keep rising – and are more challenging for small- to mid-sized businesses to control.

Insurance 321
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Employee or contractor? 6 common mistakes when classifying workers

Insperity

The court has stated that it’s the total activity or situation that controls the classification. In determining whether a worker is an employee or contractor, evaluate the amount of control over the details of the work performed. The more control a company exerts, the more likely it is that the worker is an employee.

Equipment 317
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What is a PEO?

Insperity

You’ll still maintain control over managing your employees’ daily to-dos and core job functions as well as maintaining your organizational structure. Joining a PEO provides you with workers’ compensation insurance coverage. Control your business. Your company remains the primary employer. The PEO’s role.

Payroll 253
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Popular virtual care options for today’s workforce

Insperity

If employees can better manage their health and avoid using urgent care centers and ERs unless necessary, it can help businesses better control benefits costs. Having virtual care options can also be help reduce employees’ stress about their own health-insurance costs. Businesses often struggle to contain benefits costs.

Insurance 269
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3 Proven Ways to Reduce Your Workers’ Compensation Costs

Insperity

If you’re looking for ways to save on workers’ compensation insurance, you’re well aware of the direct costs that you pay in premiums. But what you may not have considered is the indirect costs of on-the-job accidents and injuries, which go beyond what you pay for workers’ compensation insurance.

Insurance 231