Benefit Resource, Inc.

Benefit Resource, Inc.

Category: Content
Type: Blog Article

Generated 3 days ago

New blog articles detected

  • Five Basic Questions to Ensure Your Receipt Is Accepted

    You enrolled in a Flexible Spending Account (FSA) and made your election for the year. A month into the plan year, you have an eligible dental expense and use your benefits card to pay it. A week passes and you receive a request for documentation of the expense. You quickly pull out the BRiMobile app, snap… The post Five Basic Questions to Ensure Your Receipt Is Accepted appeared first on Benefit ...

  • MTA Votes to Increase Fares

    The fares for the Metropolitan Transportation Authority (MTA) of New York City are set to increase on March 19, 2017. Key Fare Changes to Understand Lower bonus/discount rates: While the base fare on subways and buses will remain at $2.75, rides will receive a lower bonus or discount rates when loading value to a MetroCard. Previously, you… The post MTA Votes to Increase Fares appeared first on Be...

  • Lyft Line Now Offering Eligible Commuting in Select Cities

    As Benefit Resource continues to expand its network of qualified merchants and service providers, we are excited to announce that the Beniversal Prepaid Mastercard and eTRAC Prepaid Mastercard may now be used for qualified Lyft Line rides under a Commuter Benefit Plan. How does it work?  Participants will enter their Beniversal or eTRAC Card as a payment method… The post Lyft Line Now Offering Eli...

  • Beniversal and eTRAC Cards now accepted for uberPOOL

    We are excited to announce that the Beniversal Prepaid Mastercard and eTRAC Prepaid Mastercard may now be used for qualified uberPOOL rides under a Commuter Benefit Plan. How does it work?  Participants will select their Beniversal or eTRAC card as the payment source within the Uber app and request an uberPOOL. Uber will then automatically direct them… The post Beniversal and eTRAC Cards now accep...

Benefit Resource, Inc.

Category: Content
Type: Blog Article

Generated 2 weeks ago

New blog articles detected

  • Taxes, Policies, and Politics

    The political cycle is in full swing (exciting I know). Tax deductions, tax liability, health care, tax code reform, and childcare are all buzz words you will hear throughout the election cycle. You may have heard some political figures mention Health Savings Accounts (HSA), or Flexible Spending Accounts (FSA) as part of their Health Care Plan. Child… The post Taxes, Policies, and Politics appeare...

  • Higher Metra Fares Looming for Chicago Commuters

    Beginning February 1, commuters in Chicago can expect to see their Metra fares rise by an average of 5.8 percent. The increase marks the third such change to fares in three years. Details of the pending increase, as well as Metra’s 2017 budget, can be found on their website. *To avoid insufficient funds – Commuter… The post Higher Metra Fares Looming for Chicago Commuters appeared first on Benefit...

  • New Health Care Financing Solutions For Small Employers

    The 21st Century Cures Act was signed into law on December 13, 2016, establishing a “Qualified Small Employer Health Reimbursement Account” (QSEHRA). Under this law, qualified small employers will be permitted to reimburse employees for insurance premiums and other qualified medical expenses defined by Section 213(d). This is welcome news for many small employers. However,… The post New Health Car...

  • Submitting Claims – Walk Through

    Last month we showed you how to check the balance on your BRI pre-tax accounts. If you discovered a balance, the time has come to make use of those pre-tax dollars. It’s the end of the year, you may be looking to tie up some loose ends. Submitting claims for your pre-tax accounts will help you… The post Submitting Claims – Walk Through appeared first on Benefit Resource, Inc..

  • Check Your Balance – Walk Through

    As the year comes to a close many are evaluating their financial state and are preparing for open enrollment. Checking your year-end balance is part of the preparation. If you have not checked your balance on BRiMobile or BRiWeb yet, let me walk you through the process. The Login Page If you are logging in while… The post Check Your Balance – Walk Through appeared first on Benefit Resource, Inc..

  • What is going to happen to my pre-tax health accounts?

    Now that the election is over, the question at the top of everyone’s mind is: ‘What’s going to happen to my pre-tax health accounts?’. While there is little we can definitively say about what changes, if any, will be forthcoming from the new administration, we do feel there are some insights we can offer now… The post What is going to happen to my pre-tax health accounts? appeared first on Benefit...

  • 2017 Pre-Tax Limits Announced

    The IRS just announced the following regarding tax-free limits effective for plan years that begin on/or after January 1, 2017:  Maximum annual limit for a Medical FSA will increase to $2,600  Maximum annual amount for eligible Adoption Assistance expenses will increase to $13,570  Maximum tax-free monthly mass transit and parking amounts remain at $255 If… The post 2017 Pre-Tax Limits Announced a...

  • The Health Care Transaction (and the need for price transparency)

    As a third party administrator, we are in tune with the “transactions” that occur in the health care system. The basic concept in which (1) a service is provided, (2) the service is run through insurance, and (3) the insurance company responds with what will be paid by insurance vs. the consumer. Our goal as a… The post The Health Care Transaction (and the need for price transparency) appeared fir...

  • Changes to HRA Coverage Requirements

    Regulatory changes are coming that will likely affect HRA reimbursements for your participants. For HRA plan years beginning on or after January 1, 2017, expenses for the HRA participant, spouse or eligible dependents can only be reimbursed if the individuals are also covered under an eligible group health plan. Individual Health Plans and plans purchased… The post Changes to HRA Coverage Requirem...

Benefit Resource, Inc.

Category: Content
Type: Blog Article

Generated 5 months ago

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