Benafica is a health benefits and insurance company that helps employers offer flexible, tax-free health reimbursement plans instead of traditional group health insurance.
Last month, the IRS announced the new ACA "affordability rule" for employer-sponsored healthcare, which limits how much employees at large employers can be required to contribute to health care premiums based on their salary. Find out what the new rate is and what that means for you.
Congress passed a large spending bill that makes big changes to Medicare and Medicaid over the next decade. New work requirements and red tape could be hard for enrollees to navigate. Here's how the new provisions might affect Medicare and Medicaid recipients.
Premiums, deductibles, coinsurance — oh my. 😱 Choosing a healthcare plan is about finding the right balance between coverage and cost for your situation. Here are the terms you need to know to pick the best plan for you.
When it comes to choosing a Third-Party Administrator, there are a lot of boxes to check—technology, experience, reliability. Here's why Benafica is a TPA you'll actually want to work with!
Life happens, and when it does, your health insurance should be able to keep up. This blog breaks down the qualifying life events that may make you eligible to update or change your coverage outside of open enrollment.
Today’s employees are seeking more than a standard benefits package. Mental health support, flexible healthcare options, and strong workplace culture are key drivers of employee satisfaction.
From market fragmentation to inconsistent payment systems, navigating ICHRA isn’t always seamless—here’s why choosing the right provider, like Benafica, matters.
Make informed healthcare decisions! Benafica hosts free educational webinars every 2nd Wednesday of the month, including a Medicare informational webinar and Health Insurance 101.