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WebOne Tips
My Benefit Planner
For employers with multiple benefit plans,
OutsourceOne’s
predictive benefit modeling tool for employees can assist
during open enrollment by allowing participants to view a
personalized comparison of each benefit option. Using
My
Benefit Planner, employees will complete a short on-
line
worksheet for each benefit type. The worksheets ask a few
basic questions
Read the step-by-step guide...
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| To find out more about WebOne and the services offered by OutsourceOne, or to receive a guided tour of OutsourceOne's integrated benefits systems, send an email to: info@OutsourceOne.com. |
Looking Forward To 2006 |
In 2006 real inroads will be made into covering the un- and
under-insured. Ironically, the path to success in covering
these individuals, long obscured by dependence on benefit
options tied to employers, is unfolding as employers and
legislators begin to imagine benefit packages both more
portable and more diverse than traditional employer
sponsored... |
Read more...
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FSA News |
Update on the new IRS Guidelines for use of unspent
balances in FSA Accounts
In 2005 the Internal Revenue Service relaxed its "use-it-
or-
lose-it" rule after employers said that too many workers do
not use FSAs because they lose unspent money in the account
at the end of the year. The accounts are used by about 20%
to 30% of eligible workers. Unspent funds are returned to
the employer. In May, the Treasury Department and Internal
Revenue Service issued guidance...
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Welcome New Clients |
OutsourceOne welcomes new clients:
Tastefully Simple
Celerity
United Church of Christ
Barry University (ICUBA)
Beacon College (ICUBA)
...
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Quick Look At Medicare Part D |
From the Kaiser Family Foundation: Key facts about the new
Medicare drug law.
Average Medicare Part D premiums are projected to
increase from $35 per month in 2006 to $58 per month in
2013. During this period, the Part D deductible is expected
to increase from $250 to $445; the gap in coverage is
projected to grow from $2,850 to $5,066.
CBO estimates... |
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New HSA Contribution Rules Proposed |
The IRS has proposed new rules that would provide greater
detail regarding how employers who make contributions to
employee health savings accounts (HSAs) must ensure that
those contributions are comparable across all employees of
the same class or plan.
Under the proposed rules, contributions would be considered
comparable if they are either the same amount or the same
percentage of a... |
Read more...
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