Unlock The Power Of Employee Benefits

Power Of Employee Benefits

As employers work to navigate these uncertain times, offering effective and comprehensive benefits packages have become a priority. Offering healthcare financial tools such as health savings accounts (HSAs) and flexible spending accounts (FSAs) are an important part of any employee’s suite of employee benefits. While evaluating the types of products offered is necessary to ensure […]

Download our Healthcare Savings Ebook

Healthcare Savings

One of the most important decisions you can make as an employer is offering competitive benefits packages that entice and retain top talent. Healthcare has always been a core concern for employees, and recent trends show that employees are willing to leave jobs that don’t offer the best healthcare coverage. In today’s world, employer-provided healthcare […]

HR Professionals… What’s Your Problem?

rising healthcare costs

There are many problems facing HR professionals and benefits administrators today. If this is your role, we know you have a thousand to-dos. It can be a “one step forward, two steps back” battle. You can feel like you’re trying to climb a mountain. One of the “mountains” you may be facing is combating rising […]

Register for Our Upcoming Webinar: How AI and Technology are Disrupting Benefits

How AI and Technology are Disrupting Benefits

In today’s rapidly evolving world, the relentless progress of artificial intelligence (AI) and technology has brought about significant disruptions in various aspects of our lives, and the realm of employee benefits is no exception. From personalized benefits packages to streamlined administration processes, the impact of AI and technology in the benefits space is transforming how […]

BRI Events Update

BRI Events Update

As a leading pre-tax benefits provider, Benefit Resource (BRI) has actively participated in various events to showcase our innovative solutions and expand our network. We recently attended several industry gatherings and plan to attend more in the near future. This blog post will update you on what tradeshows we’ve been to and what shows we plan to attend. For those always on the lookout for the latest employee benefits, this post is for you!

How Employers Should Prepare to Navigate a Recession

Navigate a Recession

The economic landscape is continually in flux, with the most recent disruptions coming from the COVID-19 pandemic. As a result, many employers are in hyper-vigilance mode, anticipating the next recession and bracing themselves for a potentially difficult ride. In this climate, employers are considering a range of strategies to mitigate their financial risks in anticipation […]

Increase Your Financial Well-Being Through Medical Savings

Medical Expenses

The cost of healthcare can be daunting, especially for those who do not have adequate savings to cover medical expenses. Fortunately, there are ways to increase your financial well-being through medical savings. One such way is by utilizing health savings accounts (HSAs) and/or flexible spending accounts (FSAs).

What the End of the Pandemic Means for Consumer-Direct Benefits and COBRA

The COVID-19 pandemic has wreaked havoc globally, challenging leaders and healthcare professionals at every turn. Recently, on April 10th, the H.J. Res 7 bill was signed into law, calling for the end of the national emergency declaration for COVID-19, which was put in place to mitigate the pandemic’s effects. This triggers the process and timeline […]

Identifying the “Perks” on National Employee Benefits Day

National Employee Benefits Day

National Employee Benefits Day is celebrated on April 6th. This day is dedicated to recognizing employers’ hard work and dedication that provide valuable benefits to their employees. This year, we celebrate this event amid uncertain times, where the need for good employee benefits has become more critical than ever before. In honor of National Employee […]

Promoting Mental Health Benefits in the Workplace

Mental Health Benefits in the Workplace

Mental health is an important component of overall workplace wellness. Employees with access to mental health resources and a better understanding of their mental health are more likely to be productive and engaged in their work. Employers who take the time to educate employees will find a happier, stronger, and more productive workforce with an […]

The Most Surprising Eligible and Ineligible Medical Expenses

eligible and ineligible Medical Expenses

Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) are both incredibly valuable benefits to help employees use pre-tax dollars to pay for eligible medical expenses. The IRS defines an eligible medical expense as any expense that is used to diagnose, cure, mitigate, treat, or prevent diseases, or affect any structure or function of the […]

5 reasons why an HSA is better than you thought

why an hsa

Health Savings Accounts have many advantages, but there is still an air of misunderstanding around some of the main tenets of the account. One such misunderstanding is the treatment of unused funds. While as many as 20% of participants have said they thought HSA funds are lost at the end of the year, they couldn’t […]

Cultivating an Engaging Team Culture for Office and Remote Employees

Engaging Team Culture

In the modern workplace, it’s essential to create a team culture that is both engaging and inspiring. But how do you achieve this when you have a mix of office and remote employees? Developing an effective team culture requires employers to go beyond simply setting up Zoom video calls and instead focus on building connections […]

Utilizing Pre-Tax Benefits to Prioritize Health in 2023

Prioritize Your Health

It’s that time of year again! The new year is upon us, and with it comes hopes of achieving our goals for the upcoming months. Whether you’re looking to retire, advance your career, or prioritize your health, now is the perfect time to start planning your journey. If you’re in the 70% of people who […]

What We’ve Learned About Pre-Tax Benefits This Year

Learned About Pre-Tax Benefits

Pre-tax benefits are growing in popularity amongst employers and employees alike. This is because they offer a great way to save on taxes while still being able to use funds for medical, dependent care, and other expenses. In the last year alone, we’ve learned a lot about pre-tax benefits and how to maximize their potential. […]

What happens to HSA funds at the end of the year?

hsa funds

The arrival of December often triggers the onset of a mild panic attack for many individuals. We’re not referring to the anxiety that tends to accompany the hustle and bustle of the approaching holidays. For many pre-tax benefit account holders, December marks the final month of benefit coverage in the current plan year. Participants in […]

7 Common Open Enrollment Mistakes

enrolling in benefits

Enrolling in benefits is far from a pleasant task. For employees, it can often feel like there is too little time and too many choices. For employers, it can feel like they have to wrangle cats. If Open Enrollment has felt too overwhelming, perhaps you’re doing it the hard way. Find out what you can […]

Choosing the Right HRA for Your Employees Needs

Choosing the right HRA

To ensure your employees are getting the most out of their health reimbursement account (HRA), it’s important that you’re offering the right type of HRA for their needs. Not all HRAs are created equal, and there are a variety of factors that you should take into account when choosing the right HRA for your employees. […]

Evaluating a TPA? Consider asking these 5 questions

evaluating a TPA

If you’ve ever gone through evaluating a Third-Party Administrator (TPA), you know it can involve a lot of work, both in setting up the questions and assessing them after the fact. To better understand vendors in a shorter time, consider asking these questions next time you evaluate a TPA. Question 1: What level of service […]

Your Cheat Sheet for Open Enrollment

Cheat Sheet for Open Enrollment

There are a lot of different benefits plans out there, and choosing the right one can sometimes feel like gambling. But with BRI’s help, you’ll be able to make the choice that works best for you. BRI’s VP of Strategy, Becky Seefeldt, put together a cheat sheet for Open Enrollment with Employee Benefit News. This […]