Why Employees Love Health Reimbursement Arrangements: 4 HRA Benefits for Workers
A Health Reimbursement Arrangement (HRA) is an employer-funded health benefit account that reimburses employees for out-of-pocket medical expenses – and[…]
Why You Should Update Your Insurance ASAP After a Qualifying Life Event
If you’ve just changed jobs, had a baby, or experienced another major change in your life, it’s important to know how it may affect your insurance[…]
Common Medicare Terms You Need to Know
Enrolling in Medicare can be confusing, as can understanding your plan even when you’re already enrolled. At Benafica, we’re here to help. The first step[…]
9 Reasons You Should Consider Investing in Individual Life Insurance
Purchasing life insurance — unlike enrolling in many other types of insurance — may not seem like a pressing concern, especially for individuals in their[…]
A Quick COBRA Compliance Refresher
Consolidated Omnibus Budget Reconciliation Act (COBRA) is a federal law regulated by the Department of Labor that requires employers with 20 or more[…]
What Is a QSEHRA? Learn about Qualified Small Employer HRA
As a small business owner, finding the right health coverage offerings for your employees can be downright confusing. With ever-increasing healthcare[…]
Employer Supplemental Benefits
In today's evolving employee benefits landscape, one thing has remained clear: Employees still need — and want — financial protection. Supplemental[…]
What Is an HRA? Understanding Health Reimbursement Arrangements
For many companies and individuals, navigating the complicated landscape of employer-provided health benefits can be confounding. At Benafica, we’re here[…]
Bridging the Gap With Supplemental Insurance
Supplemental insurance, more commonly known as indemnity or ancillary, works along with a major medical plan, more commonly a High Deductible Health Plan.[…]