Open enrollment is almost here and it’s time to commit to a benefits decision support solution. As you evaluate your options, we know that the process can feel overwhelming. With all of the tools available on the market, it can be difficult to determine which one will work best for your organization’s (and your employees’) needs. But, you’re in luck - we’ve compiled our top tips to ensure you choose the right benefits decision support solution this year.
4 Tips for Choosing the Right Benefits Decision Support Solution
Aug 17, 2022 8:45:00 AM / by Picwell posted in Open Enrollment, Benefits Decision Support, Health Insurance, health savings account, employeebenefits, company culture, employer brand, supplemental benefits, voluntary benefits, virtual open enrollment
Health Savings Account (HSA) Roundup: Talking Points for Benefits Pros
Mar 9, 2022 9:01:00 AM / by Picwell posted in Benefits Decision Support, Consumer Directed Health, HR Tech, health savings account, hsa, employeebenefits, CDHP, hdhp
It’s the year of the HSA and this tax-advantaged benefit is finally getting the recognition it deserves! While health savings accounts (HSAs) have always featured a host of valuable benefits, many employees have shied away from them in the past, often due to a lack of awareness and understanding. Now (due in part to the effects of the pandemic) nearly 50% of workers surveyed are investing the time to learn more about the plans that protect their health and their wallet. In addition, 77% of employees reported their HSA gave them peace of mind over the past year!
Building an Effective Communication Strategy for a Virtual Open Enrollment: A Timeline
Aug 11, 2021 9:03:00 AM / by Picwell posted in Open Enrollment, Benefits Decision Support, HR Tech, employee benefits, employeebenefits, virtual open enrollment, benefits communications
This year’s open enrollment is fast approaching, and with ‘return to work’ plans largely up in the air, you will more than likely be running it virtually. While it might sound daunting, it’s important to remember that there are many benefits to running a virtual open enrollment. For example, it helps you reach employees no matter where they are, and no matter what schedules they work. However, strong communication will be key to ensure success. In this blog, we’ll show you how to build an effective communication strategy for a virtual open enrollment - and we’re even providing a timeline to help you stay on track.
Strengthen Your Employer Brand with Benefits Decision Support
Dec 9, 2020 8:49:39 AM / by Picwell posted in Benefits Decision Support, Health Insurance, HR Tech, benefits advisors, employee benefits, health savings account, employeebenefits, company culture, employer brand
In this day and age, the presence of a strong employer brand is becoming more and more important to both job seekers and current employees. While the employer brand your company builds and maintains has always been integral to its success, over the past few years (and especially now), employer brand and company culture are taking center stage.
4 Reasons Why an HSA is Better for Retirement Than a 401(k)
Aug 19, 2020 10:30:00 AM / by Picwell posted in Benefits Decision Support, HR Tech, employee benefits, benefits professionals, hsa, employeebenefits
When we start to think about retirement savings, most of us think of a 401(k) or an IRA as the primary vehicle that we will use to achieve our retirement goals. But there’s another account that not enough people are taking advantage of that could be more beneficial in the long run and that is a Health Savings Account (HSA).
Why You Need an HSA in your 20s, 30s, and beyond
Jul 2, 2020 12:22:57 PM / by Picwell posted in Benefits Decision Support, Health Insurance, health savings account, hsa, employeebenefits
Health Savings Accounts, commonly known as HSAs, are one of the best kept secrets in employee benefits. If you are enrolled in a high deductible health plan (HDHP), you are likely eligible to enroll in an HSA. Contributing to an HSA enables you to maximize your finances, and each year you go without, you’re leaving potentially thousands of dollars on the table.