Episode 28: Employer Contribution Strategies
In this episode, Chase Cannon and Suzanne Spradley discuss a topic that seems to be less pressing, but ever recurring: employer contribution strategies.
Chase explains that employers must consider not only the cost and administrative burden but also the compliance issues that can arise in developing those strategies. As Suzanne grills him, Chase dishes on things employers should consider when designing employer contributions towards premiums on medical plans — including affordability, nondiscrimination, Medicare Secondary Payer rules, and HIPAA.
The two go on to discuss employer contribution considerations with regard to helping employees with out-of-pocket expenses relating to the group plan, including contributions towards HRAs, health FSAs and HSAs, then close with a short discussion on employer contributions towards supplemental benefits, such as disability, group term life, dental, vision, wellness programs, EAPs and telemedicine.