Coordination of benefits
You work, and are benefits eligible. Your spouse works, and is also benefit eligible. Your open enrollment periods, and benefit plan years, may or may not align with either. Never the less, to be efficient with your money (to avoid wasting it on premiums and to avoid having coverage gaps…
How to assess an employer benefit: Legal Insurance
What do I do if my employer just started offering legal insurance as a benefit for this year’s Open Enrollment? How do I decide if I should use this service? First, remember that insurance is to cover events that you cannot. The company offering insurance products are in it to…
Dependent care flexible spending accounts
This post had “Coming soon” as its text for way longer than I’d intended. Why? Because with kids in the picture, things never go as planned. Fortunately for the part of this that was due to a kiddo being home sick for 4 days in a row, from a child…
Open enrollment with dependents
Younger children who still live with you. Older children who don’t live at home anymore, but you still support with insurance. Spouse. During open enrollment it’s time to verify that you have all of the proper people connected to every benefit they need to be connected to. For every separate…
Tax savings of HSAs vs HCFSAs
If it’s not a clear-cut decision for you as to whether a traditional health insurance plan or a high deductible health care plan is the better choice this open enrollment season, it may be time to get deeper into the weeds by considering the tax savings of the HSA vs…
Coordination of traditional or high deductible plans with other components of your health benefits
I had a great question asked of me today, about combining a traditional health care plan with an HSA. This employee had gotten confused by their employer’s documentation about changes new to this year. This employer offers a variety of health related benefits: traditional health insurance plans a high deductible…
Traditional vs High Deductible Health Insurance
Last time in our Open Enrollment Basics post, a number of terms were mentioned that may be new to you, and of course you can’t make good decisions without data. One of those sets of terms are the types of health insurance that may be available to you. Where does…
Open Enrollment Basics
The basics of what you need to know about Open Enrollment.