Health savings account

aequum LLC Highlights Importance of Plan Sponsor Compliance with Department of Labor Fiduciary Responsibilities Guidance

Retrieved on: 
星期二, 五月 28, 2024
Legal, Practice Management, Insurance, Managed Care, Health, Consulting, Professional Services, Health Insurance, ERISA, HSA, Health savings account, Fraud, Trust, Fidelity bond, FICA, Disclosure, Health insurance

Plan sponsors are encouraged to follow and share the Department of Labor’s (DOL) Fiduciary Responsibilities Guide which includes comprehensive guidance .

Key Points: 
  • Plan sponsors are encouraged to follow and share the Department of Labor’s (DOL) Fiduciary Responsibilities Guide which includes comprehensive guidance .
  • “Our team strongly recommends that plan sponsors carefully review this guidance and conduct periodic internal audits to ensure and document compliance with the terms of their plan documents, ERISA and tax code requirements,” says Christine Cooper, CEO, aequum.
  • To maximize these savings, aequum suggests implementing superior plan design features like Health Savings Account (HSA)-capable coverage and Reference-Based Pricing coupled with effective participant representation services.
  • The DOL publication covers important topics:
    Essential Elements of a Plan: Written plan documents, trust requirements, recordkeeping systems and mandated disclosures.

RRD Recognized for Exceptional Leadership in Employee Benefits

Retrieved on: 
星期四, 五月 16, 2024
Health Technology, Health Insurance, Manufacturing, Insurance, Publishing, Human Resources, Marketing, Communications, Professional Services, Women, Pets, Men, Family, Consumer, Packaging, Health, Partnership, Prescription, HSA, HealthEquity, Health savings account, WTW, RRD, HPA, Senior, Research, RR Donnelley, Innovation, Health insurance

Donnelley & Sons Company ( RRD ), a leading global provider of marketing, packaging, print, and supply chain solutions, today announced that it was recognized for its innovation in employee benefits.

Key Points: 
  • Donnelley & Sons Company ( RRD ), a leading global provider of marketing, packaging, print, and supply chain solutions, today announced that it was recognized for its innovation in employee benefits.
  • HealthEquity honored RRD with the 2024 Connecter Award for Innovation, underscoring the company's dedication to employee health and well-being.
  • In 2022, RRD partnered with Paytient® to implement Health Payment Accounts (HPAs) – an employer-sponsored, interest-free line of healthcare credit allowing employees to pay for care over time – into their benefits package.
  • “We are thrilled to be recognized by HealthEquity for our commitment to employee well-being and ability to implement transformative solutions in the benefits landscape,” said Christy Goldberg-Hirsch, Senior Vice President, Global Rewards at RRD.

Lively Adds Tap-to-pay Commuter Benefits to Its Suite of Employee Health and Wellness Benefits

Retrieved on: 
星期三, 五月 15, 2024
Data Management, Technology, Professional Services, Other Health, Health, General Health, Health Technology, Health Insurance, Software, Fitness & Nutrition, Insurance, RingCentral, HSA, Pressure, Health savings account, Workforce, IRS, Customer, Newsweek, Meal, Multimedia

Lively, Inc., a top-rated health and lifestyle benefits platform1 known for building the modern Health Savings Account (HSA), today announces the launch of its commuter benefits offering , which will be available for employers this open enrollment season.

Key Points: 
  • Lively, Inc., a top-rated health and lifestyle benefits platform1 known for building the modern Health Savings Account (HSA), today announces the launch of its commuter benefits offering , which will be available for employers this open enrollment season.
  • Lively is the health and lifestyle benefits platform that works the first time, every time.
  • Our solutions are designed to take the guesswork out of managing benefits and drive efficiency for you and your teams.
  • The optional add-ons are offered on a post-tax basis through the Lively 'Reconnect' Lifestyle Spending Account, which is separate from pre-tax commuter benefits as defined by the IRS.

81% of Organizations Plan to Add or Improve Employee Benefits This Year to Better Recruit and Retain Employees, According to New Lively Market Research Survey

Retrieved on: 
星期三, 五月 8, 2024
Technology, Insurance, Human Resources, Health Technology, Professional Services, Health Insurance, Software, Health, General Health, Research, Health savings account, HSA, Customer, Multimedia, Feedback, Organization, CITE

The report presents data and insights around employee benefits decision making gathered from 250 US-based HR and benefits decision makers, collected in collaboration with CITE research.

Key Points: 
  • The report presents data and insights around employee benefits decision making gathered from 250 US-based HR and benefits decision makers, collected in collaboration with CITE research.
  • Overall, the report found that employee experience, feedback, and ease-of-use matters above all else when benefits leaders are deciding when to select or renew with benefits providers.
  • View the full release here: https://www.businesswire.com/news/home/20240508045598/en/
    Lively’s 2024 Employee Benefits Market Check (Graphic: Business Wire)
    “Employee benefits are a critical decision for companies and impact their goals and bottom line.
  • 81% of organizations are adding or improving benefits in the next year to support employee recruitment and retention.

BODi and Telehealth Provider Dr. B Partner to Enable Pre-Tax Reimbursement for BODi Fitness Solutions in all 50 States

Retrieved on: 
星期三, 五月 1, 2024
Insurance, Human Resources, Finance, Fitness & Nutrition, Accounting, Telemedicine, Virtual Medicine, Professional Services, Health Insurance, Health, Statista, Telehealth, Medical necessity, CDC, Bodi, Holiday, Partnership, Letter, FSA, Patient, Health savings account, HSA, Multimedia, Longevity, COVID-19, Health insurance

The Beachbody Company, Inc. (NYSE: BODI) (“BODi”), a leading health and fitness company, announced today a strategic partnership with Dr. B , a leading telehealth provider that offers $15 online consultations for common conditions in all 50 states.

Key Points: 
  • The Beachbody Company, Inc. (NYSE: BODI) (“BODi”), a leading health and fitness company, announced today a strategic partnership with Dr. B , a leading telehealth provider that offers $15 online consultations for common conditions in all 50 states.
  • View the full release here: https://www.businesswire.com/news/home/20240501349885/en/
    BODi and Telehealth Provider Dr. B Partner to Enable Pre-Tax Reimbursement for BODi Fitness Solutions in all 50 States (Graphic: Business Wire)
    According to the CDC, in the US, the percentage of adults using telemedicine services in 2021 was 37%, with slightly more females (42%) using telemedicine than males (31.7%).
  • Qualifying members may receive reimbursement covering up to the entire cost of their BODi fitness solutions.
  • Dr. B’s $15 online consultations are available to those 18 and older in all 50 U.S. states and Washington, D.C.

401GO Raises $12M Series A to Fuel Next Phase of Growth

Retrieved on: 
星期二, 四月 23, 2024
Software, Personal Finance, Human Resources, Finance, Consulting, Professional Services, Technology, Fintech, Investment, Entrepreneurship, Retirement, Health savings account, 401(k), General partnership, Growth, IRA, Financial adviser

401GO, the next-generation retirement plan provider for employers, advisors and individuals, today announced the successful completion of its $12 million Series A funding round, led by Next Frontier Capital.

Key Points: 
  • 401GO, the next-generation retirement plan provider for employers, advisors and individuals, today announced the successful completion of its $12 million Series A funding round, led by Next Frontier Capital.
  • Additional investors include Rally Ventures, who joined existing investors Impression Ventures, and Stout Street Capital that participated in the new investment.
  • The latest capital infusion will fuel the next stage of the company's growth and advance its mission to enhance retirement savings through its innovative blend of advanced technological solutions with a high-touch, advisor-based model.
  • Founded in 2019, 401GO has seen steady growth since its inception, averaging 250% year-over-year revenue growth over the last three years.

CPAP Liquidators Introduces Enhanced Travel CPAP Solutions for Sleep Apnea Patients Nationwide

Retrieved on: 
星期四, 四月 11, 2024
Travel, Flexible, Health, Life, Continuous positive airway pressure, Flexible spending account, FSA, Sleep apnea, Pressure, Patient, Health savings account, Work, HSA, Transcend, Sleep, CPAP, Pharmaceutical industry

WALNUT GROVE, Minn., April 11, 2024 /PRNewswire/ -- CPAP Liquidators, a leading supplier of CPAP equipment, is thrilled to unveil an expanded lineup of travel CPAP machines, catering to the needs of sleep apnea patients seeking convenient and reliable therapy options on the go.

Key Points: 
  • WALNUT GROVE, Minn., April 11, 2024 /PRNewswire/ -- CPAP Liquidators, a leading supplier of CPAP equipment, is thrilled to unveil an expanded lineup of travel CPAP machines, catering to the needs of sleep apnea patients seeking convenient and reliable therapy options on the go.
  • An essential aspect of CPAP Liquidators' travel CPAP solutions is their compatibility with Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA), enabling customers to utilize pre-tax funds for their sleep therapy equipment purchases.
  • This feature underscores CPAP Liquidators' commitment to affordability and accessibility, ensuring that individuals can access essential CPAP solutions without financial barriers.
  • Furthermore, CPAP Liquidators is committed to providing excellent customer service and support to all individuals who rely on CPAP therapy for their sleep apnea treatment.

Lively HSA Account Holders Boast 2x Investing and 17% Higher Account Balances Than Industry Average

Retrieved on: 
星期四, 四月 4, 2024
Technology, Professional Services, Managed Care, Other Health, Health, Health Insurance, Asset Management, Software, Fintech, Human Resources, Finance, Health savings account, Mental health, Customer, Human services, Investment, Plasma protein binding, Habit, HSA, Multimedia

Lively, Inc., a top-rated health and lifestyle benefits platform* known for creating the modern Health Savings Account (HSA), today announces the release of its sixth annual HSA Snapshot report, which tracks HSA account holders’ saving, spending, and investing.

Key Points: 
  • Lively, Inc., a top-rated health and lifestyle benefits platform* known for creating the modern Health Savings Account (HSA), today announces the release of its sixth annual HSA Snapshot report, which tracks HSA account holders’ saving, spending, and investing.
  • Lively’s annual account balance of funded accounts is $4,885, which is 17% higher than the industry average of $4,177.
  • Investments drive HSA balance growth and Lively account holders invest nearly 2x the industry average.
  • Despite increased withdrawal activity, Lively account holders retain more of their HSA assets than the industry average at 25% compared to 23% industry wide.

F45 Training Partners With Telehealth Leader Dr. B to Help More Members Reach Fitness Goals While Saving Money

Retrieved on: 
星期二, 三月 26, 2024
Health, Sports, Telemedicine, Virtual Medicine, Fitness & Nutrition, General Health, General Sports, FSA, Exercise, Learning, Letter, Partnership, F45, Medical necessity, F45 Training, High-intensity interval training, HIIT, Health savings account, Men's Journal, HSA, Multimedia, Health insurance

F45 members can visit HiDrB.com/and/f45 to get started.

Key Points: 
  • F45 members can visit HiDrB.com/and/f45 to get started.
  • View the full release here: https://www.businesswire.com/news/home/20240326593515/en/
    F45 and Dr. B partner up to help qualifying studio members potentially unlock pre-tax dollars in their HSA and FSA accounts to pay for F45 memberships.
  • “As a leader in functional fitness, F45 aims to make exercise accessible and approachable to all.
  • To start saving on your F45 Training membership costs, please visit HiDrB.com/and/f45 .

Perrigo Commences Shipments of Opill® to Retailers Nationwide, Empowering Millions to Enter a New Era of Reproductive Health Access in the United States

Retrieved on: 
星期一, 三月 4, 2024
Melissa, Woman, FDA, OTC, Perrigo, Food, Transport, Family medicine, Pharmacy, MBA, Health savings account, American Medical Association, Pregnancy, FSA, Health, HSA, American College, MPH, Consumer, MSRP, PRGO, American Academy, Birth control

Additionally, Opill® will be available for purchase at Opill.com at a price of $49.99 for a three-month supply and $89.99 for a six-month supply.

Key Points: 
  • Additionally, Opill® will be available for purchase at Opill.com at a price of $49.99 for a three-month supply and $89.99 for a six-month supply.
  • "The availability of an oral contraceptive without a prescription is a truly groundbreaking milestone in reproductive health," said Melissa J. Kottke, MD, MPH, MBA, obstetrician-gynecologist in Atlanta, GA*.
  • Creating additional opportunities for contraceptive access is critical in helping people reach their reproductive goals."
  • * Melissa J. Kottke, MD, MPH, MBA served as a paid consultant during the FDA approval process for Perrigo in 2023.