Employee Benefits

Posted November 5th, 2020 in Employers, Producers

When’s the last time your FSA or HRA administrator exceeded your expectations? Are you tired of dealing with claims issues, customer service let-downs, and unhappy employees? You need a better benefits administrator.

As a trusted benefits administrator for over 30 years, Flex offers employee benefit programs and compliance services built with employers in mind. We’ve got the tools and resources that employees want, along with the service and support employers need.

Posted October 29th, 2020 in Producers

The fourth quarter is in full swing! If you’re like most health insurance brokers, this is your busiest time of year. It’s also your last opportunity to hit your sales goals for the year. We’ve put together seven killer sales strategies to make this your best fourth quarter ever.

Posted September 30th, 2020 in Employers, Producers

The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) requires employers with 20 or more employees to offer continuation coverage under a group health plan for periods of 18, 29 or 36 months depending on the qualifying event.

Posted September 22nd, 2020 in Producers

Flex is excited to announce the launch of the Bentegro benefits platform. Bentegro is a comprehensive online benefits platform that has true end-to-end capabilities and serves as a central point between carriers, brokers, employers, and employees.

Posted July 21st, 2020 in Employers

Small businesses often times find it hard to provide quality health insurance coverage to employees, especially during these unique times. Let’s face the reality! Health insurance usually comes with a high price tag, and small businesses may not be able to meet the contribution or participation requirements to provide a traditional group health plan to employees.

Posted May 21st, 2020 in Employers, Producers

Individual Coverage Health Reimbursement Arrangements (ICHRAs) can be otherwise described as premium reimbursement plans. Employers establish a plan to reimburse employees for health insurance coverage they obtain on their own; either a plan obtained in the individual health insurance market or through Medicare. Reimbursements are tax-free to employees and tax-deductible to employers.

Posted May 7th, 2020 in Employers, Producers

Individual Coverage Health Reimbursement Arrangements (ICHRAs) are new premium reimbursement arrangements that allow employers to reimburse employees for personal health insurance coverage they obtain on their own. Plans such as those offered on the Health Insurance Marketplace or Medicare plans are eligible for reimbursement. An employer may optionally choose to reimburse out-of-pocket medical expenses too.

Posted March 17th, 2020 in Producers

At a glance, what employers expect from their benefits brokers and consultants hasn't changed dramatically in recent years. The expectations that top the list are largely the same from year to year.

However, a recent employee benefit trends report from MetLife takes a deeper dive into the responses of employers and employees to uncover insights into how expectations are evolving – and how brokers can deliver for their clients.

Posted March 4th, 2020 in Employers, Producers

COBRA has been an administrative challenge for employers dating back to 1986 when it first became effective. On the surface, it’s easy to comprehend COBRA and its purpose, but behind the scenes, an employer has a lot of obligations it must account for to ensure compliance with the law. Take this scenario for example:

Posted February 12th, 2020 in Employers, Producers

New SBCs Required in 2021 

The Affordable Care Act (ACA) includes a requirement for most individual and group health insurance plans to provide a Summary of Benefits and Coverage (SBC) document to covered members at various times. The SBC is intended to help people understand their insurance benefits and/or compare plans.

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