Employee Assistance Programs (EAPs)
Employee assistance programs (EAPs) are employer-sponsored programs that provide support services to employees experiencing health, family, financial, alcohol, drug, or stress issues. The structure and operation of each EAP will vary with the needs of each company,...
Group Life Insurance
Although not required to by law, many employers offer group-term life insurance coverage to their employees. Benefits under a group-term life insurance policy are paid only if the insured dies during the policy’s term. Advantages of Group-Term Life Insurance...
State Continuation & COBRA Coverage
There are two common forms of extended insurance coverage for employees who are voluntarily leaving employment. Consolidated Omnibus Budget Reconciliation Act, also known as COBRA, is the more common term, which only affects employers who have more than 20 employees....
Health Reimbursement Arrangement
A Health Reimbursement Arrangement (HRA) is a tax-advantaged benefit that allows both employees and employers to save on the cost of healthcare. Jump to section: 1. QSEHRA (Qualified Small Employer Health Reimbursement Arrangement) HRA plans are employer-funded...
