Question: Does a spouse’s open enrollment enable an employee to change their benefit elections midyear? Answered by the HR Experts: Yes, if your cafeteria plan document allows it. A spouse’s open enrollment period could allow an employee to make a corresponding...
Q. "Do we have obligations regarding benefits if an employee passes away?" Answer: Yes, when an employee passes away, your ministry is responsible for both terminating standard coverages and initiating the transfer of beneficiary-driven benefits to their loved ones....
When it comes to saving money on healthcare expenses, two of the most popular options are Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs). While both offer tax advantages and can help employees better manage out-of-pocket medical costs, they...