According to the Bureau of Labor Statistics, employers typically pay around 80% of traditional employer-sponsored healthcare plans on behalf of employees. With rising healthcare costs, your business is most likely struggling to solve this key problem: how to maintain financial stability while providing robust benefits to your employees. But what solutions can actually provide benefits...
The concept of work-life balance has become more than just a buzzword; it’s a necessity for employee satisfaction and retention. According to WorkLife.news, employers are increasingly recognizing the importance of providing ample time off to their employees with more than 80% of U.S. employers planning to change their leave policies over the next two years....
Did you know employers can enhance their benefits offerings by incorporating voluntary benefits? What exactly are voluntary benefits and how can employers design an effective plan? We sat down with Hugh McDaniel, manager of channel partnerships at WEX, to get his insights on crafting voluntary benefits plans that meet the diverse needs of employees. ...
Does your health savings account (HSA) have enough funds to carry you through the second half of the year? If it does, is there more you could be doing to grow those funds? We’ve broken down how to know if you’re contributing enough to your HSA to cover costs for the entire year and whether...
In today’s world, employees seek more than just a paycheck. They desire benefits that cater to their unique needs and offer peace of mind. This is where benefits personalization technology comes into play. Let’s explore how modern technology is revolutionizing benefits personalization and how employers can leverage these advancements effectively. The Value of Personalized...
New survey results published during Mental Health Awareness Month indicate that a variety of financial and health factors are the top drivers influencing mental health in this country. Money was the top factor at 52%, with personal health and the health of family/friends also ranking among the top four. There are a variety of ways...
Supporting employees throughout their employment lifecycle is essential for improving engagement, loyalty and long-term satisfaction in the workplace. By optimizing employee benefits and creating a supportive environment, employers can enhance the employee experience at every stage of their journey, from onboarding to retirement. This comprehensive guide will help you understand and implement effective employee lifecycle...
May is Mental Health Awareness Month, an opportunity to raise awareness and reduce stigma surrounding mental health issues in the workplace. As an HR representative or benefits decision-maker, you have a responsibility to support your employees’ mental wellbeing. What can employees do to raise mental health awareness in the office, especially during Mental Health Awareness...
Key takeaways – 2025 HSA contribution limits 2025 HSA contribution limits will increase to $4,300 and $8,550 for self-only and family HSAs, respectively. 2025 HDHP minimum deductible and maximum out-of-pocket limits also are increasing. Health savings account (HSA) contribution limits are on the rise again in 2025. The IRS announced that 2025 HSA contribution limits...
Check out important information from the IRS for 2022 contribution limits for FSAs, commuter benefits, adoption assistance, QSEHRAs, and more below.
Tax-free contributions. No “use-it-or-lose-it” rule. Easy account access. These reasons and more are why you should consider enrolling in an HSA. Want to learn more? Check out the resources on...
Glasses – including sunglasses and reading glasses – are one FSA-eligible expense people may not think of using their funds on. Check out why seeing the world through a better...
November 1 was Jeff’s anniversary with us. Happy anniversary Jeff! There’s no way Advantage Administrators would be where we are today without your help. If you see him today, be...
Open enrollment is coming up. Help your employees understand the different health plans by giving Advantage Administrators a call. We can customize plans to make sure each one of your...
It doesn’t matter if you are married, single or have children – healthcare is a large chunk of your budget every year, especially with an insurance plan that has a...
Lisa is on the road and visiting clients at their Fall Health Fairs. Many employees are preparing for open enrollment and we are available to answer your questions.
You can check your bank statements, play music and see where your kids are from your phone. Why not be able to view and manage your benefits accounts from your...
Our employees are proud to support United Way in their annual campaign. For turning in her United Way pledge card on time, Jessica, a lead administrator in the Welfare Benefits...
Last week, we partnered with Wartburg College’s Student Success Center for their Virtual Mock Interview Day. Fawn Wiebke met via Zoom with students preparing for real-world interviews. This was an...
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