Unlock The 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
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?
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
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 […]
Register for Our Upcoming Webinar: Benefits in Turbulent Times: Economic and Labor Market Pressures
As we navigate these uncertain times, it’s important for employers to stay up-to-date with the latest trends and industry insights. That’s why we’re excited to announce our upcoming webinar series, Benefits in Turbulent Times. Through this series, we will tackle a variety of factors affecting benefits including: the end of the pandemic, economic and recession […]
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
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
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).
Register for our Upcoming Webinar: Benefits in Turbulent Times: Impact of the End of the Pandemic
The COVID-19 pandemic has forced many changes in the way we live and work. Recently, the H.J. Res 7 was passed, which ends the current public health emergency related to COVID-19. As an employer, it is important to understand what this means for your organization, particularly regarding consumer-direct benefits and COBRA. BRI is offering a […]
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 […]
5 Pre-Tax Tools to Keep Your Stress Levels Low
Since April is Stress Awareness Month, we’ve highlighted five pre-tax benefit services and resources to keep your stress levels low and your health levels high.
Identifying the “Perks” on 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 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
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 […]
REGISTER FOR OUR UPCOMING WEBINAR: Leverage employee insights for a strategic approach to health accounts
Join Benefit Resource (BRI) for our webinar ‘Leverage Employee Insights for a Strategic Approach to Health Accounts‘ on Tuesday, February 14th at 1:00 PM EDT. BRI is offering a new Health Account Outlook Series, which will run from February 2023 through April 2023. Through this series, we will tackle various topics affecting health accounts, including generational and behavior […]
5 reasons why an HSA is better than you thought
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
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
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
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?
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 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
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
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
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 […]