M a r k e t T r e n d s HRA Flexibility Attractive for Many Employers Health Reimbursement Arrangements (HRAs) are one of the fastest growing health care offerings on the market today. Due to their flexible nature, HRAs provide a variety of options to help balance your health plan package. Listed below are five reasons to consider implementing an HRA program: - Flexible plan designs
- HRAs can include "rollovers" if employer chooses
- Reimbursable expenses can include insurance premiums (e.g. COBRA and individual policies)
- HRAs can be offered as a stand-alone option or used in conjunction with an existing insurance plan
- A Flex Debit Card can be used to access funds
Crosby can perform all of the design, implementation and on-going administration associated with HRAs. Due to each employer group's unique structure, Crosby will work with you to understand your specific requirements and the complexities of your plan to build an appropriate process that is tailored to your group. Contact us today to learn more about how HRAs can benefit your organization.
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High Fuel Prices Weighing You Down? Take Advantage of Crosby's Commuter Program As fuel prices keep rising, commuters are looking for alternate ways to get to work. Ridership within public transportation systems across the country is on the rise. On May 5th The Boston Globe reported that "the MBTA commuter system averaged 1.29 million weekday passengers in March, up from 1.22 million in the same month a year ago. January and February saw similar increases from 2007." Taking advantage of the available commuter tax benefits and offering this environmentally friendly, cost-neutral program makes it more affordable for your employees to use mass transit or work-related parking. Crosby offers a streamlined, easy-to-use web-based platform for the ordering and management of transit and parking orders. Serving all major metropolitan areas such as Chicago, Hartford, Los Angeles, New York City, Philadelphia, Portland, Providence, San Francisco, Seattle, Washington, DC and of course our home town of Boston, this cost-effective benefit is designed to help employers run their commuter programs smoothly and efficiently. Implement this cost-neutral benefit by contacting Darla Rosenfeld via email or by calling 800-462-2235 x168.
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Check It Out Today CrosbyBenefits.com has re-launched with a brand new look and feel. Enhanced navigation, up-to-date news and events and better access to participant web portals are incorporated into the redesign. Take a tour today! Please contact Benjamin Crosby via email with any questions or feedback about our new site.
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Win an Ice Cream Sundae Party for your office (stay tuned for details), August 2008 ECFC Conference, August 13-15, 2008, Mohegan Sun Casino, Uncasville, CT NEHRA Convention, November 5, 2008, Randolph, MA For more information on any of these upcoming events, please visit us online at CrosbyBenefits.com or contact Susan Tam at 617-928-0700 x142.
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Crosby's Flex Debit Card Average Auto-Approval Rate: 77% (Client Rates Range from 50% to 92%). Are you maximizing your auto-approval rate? Our Flex Debit Card offers high auto-approval rates which translates into reduced paperwork and increased convenience and satisfaction for your card holders.
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We can manage your HIRD Form process? Our process is designed to distribute, track and store Employee HIRD Forms so that you don't have to.
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We can manage your Tuition Assistance Program? TAPs are an effective way to retain and attract valuable employees. We can streamline your entire administrative process by customizing our proprietary applications to accommodate complex rules often associated with these plans.
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For more information about any of our services, please contact Darla Rosenfeld at 800-462-2235 x168.
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Looking for a Team Roster? Our organizational design utilizes a client-centered team approach to best meet your needs. Please email us here to request a complete roster with contact information.
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