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Church Maintenance Nonprofit

Routine Maintenance Reduces Risk and Losses: Hazards Around Your Property

We know that when you think of doing ministry, you’re probably not envisioning inspecting your roof, replacing filters, and making sure gutters are clear. But each of these tasks is part of keeping your building and grounds in order. A church that is taken care of can better serve its congregation the community. The last […]

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Benefits Employee Benefits

Benefits Breakdown October 2024

Employers Project 8% Increase in Health Care Costs in 2025 A recent survey of employers by the International Foundation of Employee Benefit Plans (IFEBP) revealed that U.S. employers estimate a median 8% increase in health care costs for 2025. Catastrophic health claims and rising specialty prescription drug prices are driving the projected increase. According to […]

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Church Maintenance Nondiscrimination

Routine Maintenance Reduces Risk and Losses: HVAC and Mechanical Systems

We know that when you think of doing ministry, you’re probably not envisioning inspecting your roof, replacing filters, and making sure gutters are clear. But each of these tasks is part of keeping your building and grounds in order. A church that is taken care of can better serve its congregation the community. The last […]

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Custom Content Employee Benefits Open Enrollment

Open Enrollment: Your Annual Check-Up for Benefits

Navigating health insurance can feel like planning a vacation. You wouldn’t pack for a beach trip if you’re headed to the mountains, right? Similarly, choosing a health plan requires careful consideration. Open enrollment is your chance to design a plan tailored to you; it is your yearly opportunity to review and adjust your employee benefits […]

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Custom Content Employee Benefits

Empowering Gen Z: Building a Competitive Benefits Package

Get ready for a new wave of talent! Gen Z (born between 1997 and 2012), or Zoomers, is the youngest generation entering the workforce, and they’re bringing fresh perspectives and priorities. Unlike previous generations, Gen Z isn’t just punching a clock. They crave opportunities for personal and professional growth, a workplace that prioritizes mental well-being, […]

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Affordable Care Act Compliance

Medical Loss Ratio (MLR) Rebates: A Timely Reminder

The Affordable Care Act (ACA) introduced the Medical Loss Ratio (MLR) to ensure that health insurance companies spend a significant portion of premiums on medical care and quality improvement activities rather than administrative costs and profits. When insurers fail to meet the MLR threshold, they are required to issue rebates to plan sponsors. Understanding MLR […]

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Custom Content Employee Benefits

Empowering Millennials: Building a Competitive Benefits Package

Today’s workforce is a mix of generations, but you can’t afford to overlook Millennials, the largest generation in the workforce. Known for their flexibility and problem-solving skills, Millennials bring a powerful combination of experience and value to any company. Millennials, also known as Generation Y, are a driving force in today’s job market. This generation […]

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Healthcare Medical Savings Accounts

Understand Your Spending Power: What You Can Buy with Your FSA, HSA, or HRA

Medical expense accounts can help you save on all kinds of healthcare costs. Here are some you may not know about yet. HSA, FSA, and HRA can typically be used for: Medical expenses: Doctor visits, surgeries, prescriptions, dental and vision care, and mental health services. Over-the-counter (OTC) medications: Many OTC medications, including pain relievers, allergy […]

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Custom Content Medical Savings Accounts Uncategorized

Navigating the Alphabet Soup: HRAs, HSAs, and FSAs Explained

Managing healthcare costs can feel like deciphering a complex code. Three acronyms frequently pop up: HSAs, HRAs, and FSAs. But what exactly do they mean, and which one is right for you? Let’s break down these accounts and explore how they can help you save on qualified medical expenses. Understanding the Accounts: Health Savings Accounts […]

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