Most people think of their Health Savings Account as a place to stash pre-tax dollars for doctor visits, prescriptions and the occasional trip to urgent care. And that’s a great use of it. But if you’re only ever saving in your HSA, you could be leaving real money on the table. Once your balance grows...
Employee expectations continue to evolve, and in 2026, benefits are about much more than traditional health coverage. Today’s workforce is looking for personalized experiences, intuitive technology and benefits that support every aspect of their lives. For employers, staying competitive means adapting benefit strategies to meet these changing needs. Here are 10 key employee benefits trends...
Key takeaways – 2025 HSA contribution limits The Internal Revenue Service (IRS) has announced updated Health Savings Account (HSA) contribution limits and High-Deductible Health Plan (HDHP) requirements for 2027. These annual adjustments allow individuals and families to set aside additional tax-advantaged dollars for qualified healthcare expenses. 2026 & 2027 HSA Contribution Limits Coverage Type 2026...
Medical cost trends have risen by 10% since 2022. But the cost trend for Rx is over 17% for the same period. Much of this increase in Rx is due to exploding sales for GLP-1s (such as Ozempic, Wegovy, Zepbound and Rubelsus) for use as weight loss drugs, driving costs to unsustainable levels for both...
Advantage Administrator’s, Financial Institution, State Bank will be completing a merger with Fidelity Bank & Trust later this week. We will be experiencing a delay with our electronic banking files...
The easiest way to learn about, shop for, select, and purchase HSA/FSA eligible retail items. We at Advantage Administrators are pleased to announce the availability of Health Shopper, an e-commerce...
Recently we partnered with Fortress Benefits to collect school supplies to donate to St. Paul’s Lutheran School. Have a great school year!
You don’t have to spend all of your time managing your employee benefits. With the Advantage Administrators app, you can view account balances, submit documents, and check purchase eligibility on...
July marks Christina Staton’s 2nd anniversary at Advantage Administrators! She is an integral part of our team, and we admire her dedication to her job.
Congratulations to Bonnie Drenkow on her anniversary at Advantage Administrators! She has helped the company grow and progress for 30 years, and we couldn’t be more thankful for all she...
Both Health Reimbursement Arrangements (HRA’s) and Flexible Spending Accounts (FSA’s) are pre-tax benefits to help pay for medical costs. While both are owned by the employer, they can differ in...
Wow! This month marks Fawn’s 21st anniversary at Advantage Administrators! Thank you for being such a loyal and crucial part of our team.
The Advantage Administrators app offers many benefits- including security. Log in using your fingerprint, so nobody except you can access your information. Once in the app, you can: Check your...
Sleep apnea sufferers- did you know you can buy CPAP cleaning supplies with your FSA funds? For that and any other FSA purchase, visit FSAStore.com and use code “ADVANWEL” to...
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