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Study: Employer Sponsored Health Plans Generate 47% ROI

Study: Employer Sponsored Health Plans Generate 47% ROI

For every dollar employers spent on health insurance-related costs, they get back $1.47 according to a new study. This figure in fact is expected to grow to 52% by 2026 from 47%. Employee productivity reflects the reductions in absenteeism and presenteeism after receiving employer-sponsored coverage. These productivity increases contributed an estimated $275.6 billion in employer benefits in 2022, or 53.3 percent of all benefits. By 2026, this is expected to rise to $346.6 billion or 55.9 percent of total ROI.

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Webinar: How HDHP Can Set Employees Up for Financial Success

Webinar: How HDHP Can Set Employees Up for Financial Success

A common fear among employees can be that High Deductible Health Plans (HDHPs) expose them to too much risk. However, this misconception misses the near-certain long-term losses that come with not choosing a HDHP that includes an HSA. What employees are often missing is a full knowledge of the long-term financial impacts and risks associated with enrolling in an HDHP paired with HSA savings strategy, compared to a more traditional, low deductible PPO option. Employer contributions to HSAs can also set employees up for financial success and retirement readiness.

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HSA 2023 Dollar Limits

HSA 2023 Dollar Limits

The IRS has released the 2023  Health Savings Account (HSA) inflation adjustments. To be eligible to make HSA contributions, an individual must be covered under a high deductible health plan (HDHP) and meet certain other eligibility requirements. New HSA 2023 limits...

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Why We Love PEO This Valentine’s Day

Why We Love PEO This Valentine’s Day

We already love Professional Employer Organization (PEO)– our clients do too.  Today we’re counting down our top 5 reasons why we love PEO:    1.National Capabilities: It ensures your compliance with local and federal laws, even if your business has locations in...

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Montefiore and Oxford Reach Agreement

Montefiore and Oxford Reach Agreement

​Good news Bronx/Westchester.  Oxford and Montefiore Health System announced moments ago that they have reached an agreement effective December 1, 2021 for UnitedHealthcare and Oxford employer-sponsored plans, as well as UnitedHealthcare’s Medicare Dual Special Needs Plan.  

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Must Know Cyber Stats For 2021

Must Know Cyber Stats For 2021

Cybersecurity Awareness Month is intended to raise employee awareness in every way possible. It's never been more important for cybersecurity to be top of mind for all of us. We are all connected to the internet both professionally and personally, therefore, we are...

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FEDERAL JAN 1st SMALL GROUP ANNUAL OPEN ENROLLMENT WAIVER

FEDERAL JAN 1st SMALL GROUP ANNUAL OPEN ENROLLMENT WAIVER

A little-known requirement but most important under the Affordable Care Act (ACA) is for Health Insurers must waive their minimum employer contribution and employee-participation rules once a year. ACA requires a one-month Special Open Enrollment Window for January 1st coverage. FEDERAL JAN 1st SMALL GROUP ANNUAL OPEN ENROLLMENT WAIVER. For more help w/Special Open Enrollment Window info@360peo.com or (855)667-4621

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Employee Retention Tax Credit

Employee Retention Tax Credit

You may be eligible for the Employee Retention Tax Credit (really!) The #ERTC may seem complex if you’re using a PEO but it’s simplified and a hidden goldmine. #payroll #cashflowmanagement #bookkeeping #financeEmployee Retention Tax Credits (#ERTC) under CARES ACT have been available for #SMB yet there has been confusion. Learn and call (855)667-4621. #caresact #payroll

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HSA 2022 Limits Released

HSA 2022 Limits Released

HSA 2022 Limits. To be eligible to make HSA contributions, an individual must be covered under a high deductible health plan. Find out more 855-667-4621.

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PPE Expenses May Be Reimbursable Under HSA

PPE Expenses May Be Reimbursable Under HSA

PPE Expenses May Be Reimbursable Under Health Spending Accounts – Video During the COVID-19 pandemic, you may have purchased masks or PPE for the purpose of preventing the spread of the COVID-19. Now, according to a recent announcement from the IRS, those purchases...

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JAN 1 SMALL GROUP ANNUAL OPEN ENROLLMENT WAIVER

JAN 1 SMALL GROUP ANNUAL OPEN ENROLLMENT WAIVER

A little-known requirement but most important under the Affordable Care Act (ACA) is for Health Insurers must waive their minimum employer-contribution and employee-participation rules once a year. ACA requires a one-month Special Open Enrollment Window for January 1st coverage. FEDERAL JAN 1st SMALL GROUP ANNUAL OPEN ENROLLMENT WAIVER. For more help w/Special Open Enrollment Window info@360peo.com or (855)667-4621

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2021 Open Enrollment Checklist

2021 Open Enrollment Checklist

To download this entire document as a PDF, click here: Open Enrollment eBook This Compliance Overview is not intended to be exhaustive nor should any discussion or opinions be construed as legal advice.  Readers should contact legal counsel for legal advice.  In...

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2021 Dollar Limits

2021 Dollar Limits

IRS & SSA announced 2021 dollar limits IRA, HSA, 401k benefits and compensation levels for retirement plans and IRAs. There are incremental changes but nonetheless worth bookmarking.

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PPP Loans: What You Need to Know Now

  Newsletter Sign Up Now    Learn how our PEO Partnership can help your group please contact us at info@360peo.com or (855)667-4621.Put You & Your Employees in Good HandsGet In Touch For more information on PEOs or a customized quote please submit your contact. We...

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HSA 2021 Limits

HSA 2021 Limits

HSA 2021 Limits.To be eligible to make HSA contributions, an individual must be covered under a high deductible health plan. Find out more 855-667-4621.

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2018 Medicare Infographic

2018 Medicare Infographic

What You Need to Know About Medicare 2018 Infographic This timely infographic walks seniors through the differences between traditional Medicare and Medicare Advantage vs. Supplement Plans + a helpful plain English glossary. Open Enrollment ends Dec 7, 2017, for Jan...

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