Employee Benefits

Beyond Premium Savings: The Total Business Impact of Alternative Health Plan Designs

2025-05-09T09:37:25-04:00May 9th, 2025|2025, Employee Benefits, Health Care, Insurance & Benefits|

The Evolving Health Benefits Landscape for Essential Businesses The conversation around employee health benefits has traditionally centered on a single metric: premium costs. However, forward-thinking businesses across America's essential industries are discovering that alternative health plan designs deliver value [...]

The Hidden Costs of Healthcare Indecision: How Businesses Can Move Forward Despite Uncertainty

2025-05-09T09:10:52-04:00May 7th, 2025|2025, Employee Benefits, Health Care, Insurance & Benefits|

The True Price of Postponing Healthcare Decisions In today's volatile healthcare landscape, many businesses find themselves trapped in a cycle of indecision. The numbers tell a sobering story: according to recent industry research, businesses that postpone healthcare benefit decisions [...]

Why Your Small Business Might Be Over-Insuring—and What You Can Do About It

2025-04-29T17:55:44-04:00March 31st, 2025|2025, Employee Benefits|

The Healthcare Crisis in Massachusetts Small businesses in Massachusetts are grappling with a healthcare system in turmoil. Layoffs, carrier losses, soaring drug costs, and limited access to care are creating a perfect storm of challenges. For many, the burden [...]

Understanding Community Rating in Health Insurance: What It Means for Your Business

2025-04-29T17:55:45-04:00March 18th, 2025|2025, ACA Compliance, Employee Benefits, Health Care|

Healthcare costs in New England are among the highest in the country, putting significant pressure on businesses, and in many cases are surpassing national averages. With Massachusetts leading the nation in per capita healthcare spending (New England Journal of [...]

Navigating High Healthcare Costs in New England: How NARFA Helps Members Stay Ahead

2025-04-29T17:55:46-04:00March 5th, 2025|2025, Employee Benefits, Health Care, Health Savings Accounts|

New England residents face some of the highest healthcare costs in the nation. For example, recent data shows that the average annual premium for employer-sponsored health insurance in New Hampshire, in many cases, exceeds $7,000 for individuals and $20,000 [...]

Level Funding: A Strategic Solution for Controlling Rising Healthcare Costs

2025-04-29T17:55:46-04:00February 20th, 2025|2025, Employee Benefits, Health Care, Insurance & Benefits|

In today's complex healthcare landscape, organizations face unprecedented challenges in managing escalating healthcare costs while maintaining quality coverage for their employees. Level funding emerges as a sophisticated solution, offering a hybrid approach that combines the predictability of traditional insurance [...]

Navigating Temporary Disability Benefits in Self-Insured Workers’ Compensation Programs

2025-04-29T17:55:50-04:00January 13th, 2025|2025, Employee Benefits, Human Resources, Workers Compensation|

When workplace injuries occur, understanding temporary disability benefits becomes crucial for both employers and employees. For companies in the automotive, roads, fuel, transportation, fleet and industrial sectors, managing these benefits effectively can significantly impact both worker recovery and company [...]

Benefits Administration: A Year-Round Strategic Partnership with NARFA

2025-04-29T17:55:51-04:00December 19th, 2024|2024, Benefits Administration, Employee Benefits|

Understanding the Evolution of Benefits Management in Today's Business Landscape In today's business environment, benefits administration has evolved far beyond the traditional annual enrollment period. As businesses face increasing challenges in attracting and retaining skilled workers, maintaining competitive benefits [...]

Streamline Your Benefits Management: How NARFA’s Benefit Center Simplifies HR Administration

2025-04-29T17:55:52-04:00December 14th, 2024|2024, Benefits Administration, Employee Benefits|

The Evolution of Benefits Administration: A Game-Changing Solution In today's complex business environment, managing employee benefits can consume up to 30% of HR professionals' time. The NARFA Benefit Center stands as a revolutionary hub that transforms this challenging [...]

2025 IRS Benefits & Retirement Limits: Complete Guide to New Changes

2025-04-29T17:55:53-04:00November 8th, 2024|2024, Employee Benefits, Employee Benefits Legislation|

Key TakeawaysNew age-based catch-up contribution limits for workers 60-63Updated thresholds for retirement accounts and HSAsInflation-adjusted welfare and retirement benefit limitsChanges implemented under SECURE 2.0 ActUnderstanding the 2025 IRS Benefit UpdatesThe Internal Revenue Service (IRS) has released its annual update [...]