Content about FSA

September 18, 2013

Workers will be confronting a changed benefit landscape in 2014. For one thing, all Americans will be required to have healthcare coverage or face a penalty. By Oct. 1, 2013, employees should have received a required notice about their options under federal- or state-run health care exchanges (marketplaces), notices that many will find more confusing than enlightening. Employers also may be making changes to rules that determine which employees are eligible for health coverage, perhaps excluding part-time workers who previously received coverage.

October 25, 2012

More than half (55%) of U.S. employees default to their current benefit coverage for the coming year, instead of actively reassessing their plan options, according to a 2012 survey by HR consultancy Aon Hewitt. What many workers do not realize is that the old selection may not be the best option.