A comprehensive guide to employee benefits for small business owners. Learn how to attract and retain talent with competitive benefits packages, from health insurance to retirement plans.
If you have neither savings nor insurance to cover long-term care, then it is likely that you’ll qualify for Medicaid coverage for a nursing home stay. In 2021, to qualify for Medicaid, you must make less than $2,382 per month. Alternatives to Nursing Homes It’s best to think of e...
Ready to hear more about how you could take advantage of our employee benefits? Give us a call at 1-877-791-9458 or fill out this short form to take the next step today.Drivers qualify for medical, dental and vision coverage on day 31 of eligible full-time employment. Employee premium ...
"Veterans with a 50% or higher disability rating are our top priority for free care," states the VA. This means no copays for treatments, tests, or medications related to service-connected conditions. You'll also qualify for other exclusive benefits,like vocational rehab and home loan fee ...
Can you use HSA to pay for dental care? What is the average HSA balance? At what age can I use my HSA for anything? Who can open an HSA? Bottom line If you have an HDHP, the tax benefits and investment opportunities from an HSA make it a tempting option. But review your current...
Excepted benefits include: Copays Deductibles Monthly premiums for vision and dental insurance EBHRAs can also cover COBRA insurance, long-term care, and short-term care. You must offer an EBHRA to every employee on the same terms. Like the QSHERA, the IRS adjusts EBHRA annual contribution ...
Always compare the premium to the benefits you receive before making a decision on a policy. It is also possible that health insurance premiums could go up with age, because elderly individuals are more likely to have medical issues than younger people. Eventually, you should qualify for ...
How Many Employees Do You Need to Qualify for Group Health Insurance? Many group health insurers offer plans to companies with one or more employees. The type of plans available, however, may vary according to the size of the business. For example, United Healthcare provides various plans fo...
It includes all the benefits of Part A and Part B (but you still have to pay your Part B premium). It usually includes Part D, as well as extra benefits like some dental and vision coverage. Monthly premiums vary, but could be $0. Your out-of-pocket limit could be as high as $...
If you don’t enroll when you qualify, you could pay a penalty on top of your premium for as long as you have Medicare drug coverage. How Medicare Part D Works Medicare Part D is available to Medicare beneficiaries enrolled in Part A or Part B. It works similarly to standard insurance ...