Why Smart Employers Are Benchmarking Healthcare Costs Before Their Next Renewal
By Jennifer Schaefer, MBA, ChFC, SHRM-SCP Founder & CEO, JS Benefits Group Healthcare costs have quietly become one of the largest—and least scrutinized—operating expenses for many businesses. While organizations routinely benchmark payroll, technology, insurance, and operational expenses, employee healthcare spending is often reviewed only during renewal season. That reactive approach can leave employers paying significantly […]
PCORI Fee Explained: What Employers Need to Know Before the July 31 Deadline
If your organization offers a self-funded, level-funded, or Health Reimbursement Arrangement (HRA), there’s an annual IRS filing requirement that’s easy to overlook but important to complete on time—the Patient-Centered Outcomes Research Institute (PCORI) fee. Although the fee itself is relatively small, missing the filing deadline can result in penalties and interest. Understanding who must pay, […]
Reference-Based Pricing vs Traditional Networks: What Employers Need to Know
Healthcare costs keep rising, so many employers are seeking better ways to manage them. While traditional healthcare plans have been standard for years, more businesses are now exploring options that offer greater transparency and control over costs. Most businesses are now paying attention to Reference-based pricing. It may not suit every company, but many employers […]
How Can Corporate Wellness Programs Help Newtown Businesses Manage Healthcare Claims?
Quick Answer: Corporate wellness programs may help Newtown businesses manage healthcare claim drivers by encouraging preventive care, healthier habits, stress management, chronic condition support, and better benefits engagement. These programs can support employees while helping employers work toward better long-term healthcare cost control. What Is a Corporate Wellness Program? A corporate wellness program is a […]
How an HRA Helps Reduce Healthcare Costs | JS Benefits Group
Healthcare costs continue to rise, forcing employers to make difficult decisions about their employee benefits. Too often, organizations assume the only way to reduce costs is by increasing deductibles, raising employee contributions, or reducing coverage. Fortunately, there is another option. A Health Reimbursement Arrangement (HRA) can help employers manage healthcare expenses while continuing to offer […]
JS Benefits Group Named a Best of 2026 Award Winner by Business Rate
JS Benefits Group is proud to announce that we have been recognized as a Best of 2026 Award Winner by Business Rate, a distinction that recognizes organizations committed to excellence, client service, and delivering outstanding results. This recognition was highlighted in a recent USA Today press release announcing the award. For our team, this award […]
The HSA Triple Tax Advantage: One of the Most Powerful Benefits Employees Often Overlook
For employers looking to offer meaningful benefits while controlling healthcare costs, and for employees looking to maximize their financial future, few tools are as powerful as a Health Savings Account (HSA). In fact, an HSA is one of the only accounts in the U.S. tax code that offers what many financial professionals call the “triple […]
Level Funded vs. Fully Insured Health Plans: What Employers Need to Know
Choosing the right health insurance funding strategy is one of the most important decisions an employer can make. As healthcare costs continue to rise, many business owners are exploring alternatives to traditional fully insured health plans in search of greater cost control and transparency. In this video, Bill Capece, Director of Business Development at JS […]
South Jersey Businesses: Smarter Employee Benefits Strategies for Small to Mid-Sized Companies
Managing employee benefits has become more difficult for small and mid-sized businesses in South Jersey. Healthcare costs keep rising, employees want more support, and owners have to juggle these demands alongside daily operations. Companies want to offer good benefits, but they also need plans that make sense and fit their budgets. That’s why more businesses […]
What Compliance Requirements Do Pennsylvania Employers Face for Employee Benefits?
Quick Answer: Pennsylvania employers may need to follow employee benefits compliance rules for ACA reporting, ERISA plan documents, COBRA, employee notices, payroll deductions, eligibility, and plan renewals. The exact requirements depend on company size, plan type, workforce structure, and whether the plan is fully insured, level-funded, or self-funded. Employers should review compliance before renewal, open […]
