What Is a Self-Insured Health Plan? A Guide for Employers
By Bill Capece, Director of Business Development, JS Benefits Group For employers facing rising health insurance costs, self-insured health plans can provide another way to approach healthcare financing. But self-funding is more than simply changing insurance plans. It changes how an employer assumes risk, pays claims, analyzes healthcare spending and manages its overall benefits strategy. […]
Which Employers Must Follow New Jersey 1095 Filing Requirements?
Quick Answer: New Jersey 1095 filing requirements can apply when an employer provides minimum essential health coverage to New Jersey residents. Self-insured employers generally file the coverage information directly with the state, while fully insured employers normally rely on their insurance carrier. Multiemployer plan sponsors generally file for their plans. However, an employer may have […]
How Does New Jersey Small Group Continuation Differ From Federal COBRA?
Quick Answer: New Jersey Small Group Continuation, or NJSGC, can provide continuation coverage through insured New Jersey small-group health plans, including for employers too small for federal COBRA. Federal COBRA generally applies to employers with at least 20 employees and can cover insured or self-funded plans. NJSGC generally gives a qualified person 30 days after […]
How Does the New Jersey DU31 Law Affect Health Coverage When a Child Turns 26?
Quick Answer: The New Jersey DU31 law may allow an employee’s child to remain on or enroll in a parent’s qualifying employer health plan after aging out of regular dependent coverage, commonly at age 26, and continue until age 31. DU31 generally applies to group health benefits plans issued in New Jersey regardless of employer […]
Employee Benefits Benchmarking: How Does Your Benefits Package Compare?
Learn how employee benefits benchmarking helps employers compare contribution levels, plan design, employee costs, deductibles, and overall benefits competitiveness.
Is Level Funding Right for Your Company? | JS Benefits Group
Jennifer Schaefer | Founder & CEO, JS Benefits Group Is a level-funded health plan right for your company? In this video, Jennifer Schaefer explains what employers should consider when evaluating level-funded health insurance and whether it may be a fit for their business. Watch the video below to learn more. Is Level Funding Right for […]
PHCC Health Plan for Contractors: Group Health Insurance for Plumbing, Heating & Cooling Businesses
Good people are hard to find in the trades — and even harder to keep. For plumbing, heating, and cooling contractors, employee benefits can be an important part of attracting and retaining skilled employees. But smaller contractors often face a challenge: offering competitive health benefits without taking on unnecessary cost and administrative complexity. The PHCC […]
How Much Does Employee Health Insurance Cost for a Small Business?
Learn about employee health insurance costs for small businesses and the factors that can affect premiums, coverage, and overall healthcare expenses.
Fully Insured vs Self-Funded Health Insurance: Which Is Better for Employers?
Learn about fully insured vs self-funded health insurance and compare costs, flexibility, coverage, and options to find the right fit for your business.
Level-Funded Health Plans: Are They Right for Your Business?
Learn how level-funded health plans work and what businesses should consider when deciding if this health insurance option is right for their employees.
