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What HR Leaders Need from Benefits Providers in 2025
Lively · September 12, 2024 · 2 min read
Rising costs, an uncertain election year, and the importance of balancing the right benefits mix are all top of mind for benefits leaders this year. How these leaders rise to meet these challenges, and how benefits providers can support them, is a key question as we approach 2025.
Lively’s third annual Employee Benefits Pulse Check captures and shares what’s at the top of benefit leaders’ minds and what they are doing right now to keep up with shifting marketplace and employee expectations and highlights how brokers and consultants can serve them better.
In partnership with CITE research, we anonymously surveyed 250 benefits leaders across the United States and multiple industries, with a focus on companies with over 500 employees, to capture key data and understand current trends around employee benefits, healthcare, health policy, and retirement.
The report identifies the key stressors on benefits leaders minds and what they need from their benefits providers in order to combat them, including:
The rising cost of health insurance and employee financial stress.
The challenges of benefits education to drive employee adoption.
Why customer service and streamlined integration are key differentiators for benefits providers.
How benefits providers can enable key features and customer service to support benefits leaders and employee benefits education, and ease employee stress.
This report provides benefits leaders and the brokers and consultants that serve them with key data, insights, and action items that they can use during open enrollment, to drive benefits adoption, and as they plan their benefits strategies for 2025. Read now.
Benefits
2024 and 2025 HSA Maximum Contribution Limits
Lively · May 9, 2024 · 3 min read
On May 9, 2024 the Internal Revenue Service announced the HSA contribution limits for 2025. For 2025 HSA-eligible account holders are allowed to contribute: $4,300 for individual coverage and $8,500 for family coverage. If you are 55 years or older, you’re still eligible to contribute an extra $1,000 catch-up contribution.
Benefits
What is the Difference Between a Flexible Spending Account and a Health Savings Account?
Lauren Hargrave · February 9, 2024 · 12 min read
A Health Savings Account (HSA) and Healthcare Flexible Spending Account (FSA) provide up to 30% savings on out-of-pocket healthcare expenses. That’s good news. Except you can’t contribute to an HSA and Healthcare FSA at the same time. So what if your employer offers both benefits? How do you choose which account type is best for you? Let’s explore the advantages of each to help you decide which wins in HSA vs FSA.
Health Savings Accounts
Ways Health Savings Account Matching Benefits Employers
Lauren Hargrave · October 13, 2023 · 7 min read
Employers need employees to adopt and engage with their benefits and one way to encourage employees to adopt and contribute to (i.e. engage with) an HSA, is for employers to match employees’ contributions.
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