Welcome Dave to the Benafica Team

At Benafica our team is expanding and we look forward to spot lighting employees; both long term employees and newer employees.Today we’d like to[…]

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[…]

For Employers: COBRA Subsidy Update from Benafica

Read our previous update.

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[…]

Unpacking The Coverage Provisions In The House Pandemic Relief Bill

Days before his inauguration, President Joe Biden outlined a plan for COVID-19 relief and economic recovery that includes federal aid for health care[…]

“Who Moved My Cheese” …..again!

The new kind of group health plan: an Individual Coverage Health Reimbursement Arrangement, ICHRA (pronounced ICK-ra).