With the changing economy, we are receiving many calls from clients and prospects about when and how to change their employer contribution to insurance premiums.
At Benefaction, our answer is to wait to change the employer contributions until open enrollment. That means if you are keeping the same insurance plans, you would wait until the next [...]
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We received another call today regarding two different small group prospects both of whom are looking at PEO’s (Professional Employer Organizations) as the possible answer to their HR needs.
Both prospects are small business with approximately 20 to 30 employees and both were looking to avoid hiring HR staff as they are growing and believed that [...]
Benefaction Insurance was recently quoted in a Northbay Business Journal Article:
Finally, probably of greatest discussion in specific product trends today is the huge number of employers switching to high-deductible, “consumer-driven” plans. For more than a year, brokers have reported a huge shift in interest, but many have mistakenly lumped health savings account-based versions with health [...]
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