Case Study: Small Nonprofit Becomes Employer with Benefits - QSEHRA Delivers Flexibility for Multi-State Employees

A small nonprofit involved in economic research for socially forward programs added employees for the first time in 2021. Leaders knew that health care[…]

Add HRAs to your client’s tax planning toolkit

Noncash compensation alternative to raising wages By Margaret Lett, PhD

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[…]

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[…]

Complete Health Reimbursement Arrangement (HRA) Glossary

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For Employers: COBRA Subsidy Update from Benafica

Read our previous update.