Benafica Adds Lifestyle Spending Accounts (LSAs) to Benefit Ecosystem

For Immediate Release Lindsey Haller Lindsey.haller@benafica.com 651.735.9822

Employer COBRA Responsibilities

COBRA is a federal law that requires employers with 20 or more employees to offer continuing coverage to individuals who would otherwise lose their health[…]

How does a High Deductible Health Plan work?

So you’re interested in a High Deductible Health Insurance Plan? This option has been growing in popularity as of late, and it’s important to understand[…]

Keep your employee health benefits administrator in the loop.

According to a survey conducted by linkedin: 50% of respondents say that flexibility of hours or location has become more important to them, post-COVID.[…]

ICHRA vs. Group Plans: Which is better?

Is ICHRA better than a traditional group plan? In many cases yes. This innovative health insurance model is a superior option compared to traditional[…]

Benafica joins LeClair Group’s Product Portfolio

Bringing key employer services to insurance advisors

Facilitating Section 125 deductions with an ICHRA.

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Comparing ICHRA vs. QSEHRA, what is best for your business?

As a small business owner looking to offer health coverage for the first time or wanting an alternative to traditional group health insurance a Health[…]

Government Paid COBRA Health Insurance: What employers need to know.

Read our latest update. As a COBRA service provider Benafica strives to keep you informed and compliant.

What is a Section 125 Cafeteria Plan?

Section 125 of the Internal Revenue Code, also known as a “Cafeteria Plan” allows employees to pay certain expenses on a pre-tax basis, such as insurance[…]