Insurance FAQs
Can Broker of Record (BoR) transfers be done for ancillary benefits like dental and vision?
Answer: Yes, Broker of Record (BoR) transfers can be done for ancillary benefits like dental and vision insurance, in addition…
What steps are involved in a Broker of Record (BoR) transfer?
A Broker of Record (BoR) transfer is a process used in the insurance industry to change the designated agent or…
What are the tax implications of employer contributions to an HSA?
Answer: Employer contributions to a Health Savings Account (HSA) have several tax implications, which are beneficial to both the employer…
How do employer contributions to HSAs influence employee choice of health plans?
Answer: Obviously, an employer that would like to contribute to the Health Savings Accounts (HSAs) of the company’s employees needs…
Do HSAs require an employer contribution?
Answer: Generally, Health Savings Accounts (HSAs) do not require employer contributions. HSAs are designed to be flexible savings accounts for…