Blog | Benton Oakfield

Benton Oakfield provides health insurance for small businesses and employee benefits for large groups. We also post about these topics and have guest posts from specialists in the insurance, human resources, and business industries.

Benton Oakfield Employee Benefits Blog

An overview of the Small Business Health Care Tax Credit

When you add health care costs to running a business, it can get very expensive. One of the good things about these costs is that they...

Dental Plans: The PPO vs. DMO

Comparison of benefits and limitations Many dental insurance buyers have been pondering the PPO vs DMO debate for so long. In the...

How does a Health Reimbursement Arrangement (HRA) help your business?

What Is a Health Reimbursement Arrangement (HRA)? Employees are eligible for reimbursement for qualified medical expenses and, in certain...

What one company is doing to enforce its vaccine policy

Employers and employees alike are expressing concerns and questions about vaccine mandates as they become more common in workplaces. As...

Apple and UnitedHealthcare make on-demand fitness classes more accessible for fully insured members

UnitedHealthcare is expanding its work with Apple to provide millions of fully insured members with access – at no additional cost – to...

Flexible Spending Accounts

The term Flexible Spending Arrangements (FSA) also refers to Flexible Spending Accounts. Employers set up restricted-use accounts in...

Peloton and UnitedHealthcare make fitness and wellness more accessible

UnitedHealthcare and Peloton are helping improve access to innovative fitness and well-being resources. Starting September 1, 2021, ...

What's the Difference Between Bronze, Silver, Gold, and Platinum Health Plans?

There are four different tiers of medical plans called metal levels. The four metal tiers are: Bronze, Silver, Gold, Platinum, and these...

How Are Employee Benefit Brokers Paid?

In case you are a small employer looking to use a broker to help you with the entire process of choosing your employees’ health insurance...

Law Requirements for Employee Time-Off

There may be a mandate for employers to offer certain benefits in terms of time-off to the employees. This includes time off for voting,...

Is It Time to Replace Your Employee Benefits Broker?

Employers may neglect opportunities for handling costs and enhancing the satisfaction of employees with relation to their benefits...

Should You Outsource Your Employee Benefits Administration?

It can be extremely challenging to administer employee benefits, and it is crucial to understand the various considerations underlying...

COBRA and Your Business

What exactly is COBRA? COBRA is also referred to as Consolidated Omnibus Budget Reconciliation Act of 1985 and it is nothing but a...

The Good & Bad of PPO Plans

In case you check with your friends regarding the type of health insurance that they currently hold, you will most likely learn that...

Adjusting your budget toward well-being benefits

Today, the primary focus of all the business leaders across the world is the hybrid workforce. Organizations are looking at a completely...

WealthCare Saver is Anthem’s New HSA Custodian

On March 13, 2021, WealthCare Saver will replace PNC Bank as the custodian of the HSAs

The way in which HR departments are altering employee benefits amid COVID-19

2021 Future of Benefits Report, wherein it shed light upon the way in which COVID-19 has impacted the plans of the employers to alter as wel

Everything You Need To Know About Health Savings Accounts (HSA)

A health savings account is a special purpose financial account that allows a consumer to save and pay for medical expenses on a tax-favored

What Employers Need To Know About Marty Walsh As Secretary of Labor

Last week flooded our timelines with a lot of news, and, as a result, many of us may have overlooked a critical announcement- Boston...

Form 1095-B and 1095-C deadlines extended

The deadline to file federal tax forms 1095-B and 1095-C is now March 2, 2021. The IRS extended the original deadline from January 31,...