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[…]
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[…]
“Who Moved My Cheese” …..again!
The new kind of group health plan: an Individual Coverage Health Reimbursement Arrangement, ICHRA (pronounced ICK-ra).