855-237-5335

Health and Benefits 101
Guidebook

Health and benefits insurance hero

Question 3

What “beyond basic coverage” tools can add value?

There are ways to better manage health care costs, allow employees to fund their health care expenses, and get faster access to their benefits information.

HB Q3

Beyond Basic Coverage Tools

HB icon

Flexible Spending Accounts (FSAs)

Pay for eligible out-of-pocket health and dependent care with pretax earnings


HB icon

Health Reimbursement Accounts (HRAs)

Pay for routine, non-catastrophic health care expenses


HB icon

Health Savings Accounts (HSAs)

Savings that help cover health care deductibles or even a portion of retiree health care expenses

HB icon

Premium Only Plans (POP)

Allow employees to save by paying their share of insurance premiums on a pretax basis, and enable employers to save by not paying FICA and unemployment taxes on those amounts. Typical eligible premiums include Health, Dental, Vision, Disability, and Life Insurance


HB icon

Access to Online Portals for Enrollment and Changes

Streamlines the process for benefits open enrollment and enables employees to make benefits changes online, virtually at any time (Depends on broker and carrier).


Keep In Mind

In order to benefit from any of the above, a health plan must be in place.


Next Question: Why does H&B coverage matter?

The information contained in this website represents the products and services available through one of the business groups of Automatic Data Processing Insurance Agency, Inc. (ADPIA). ADPIA services mid and large size clients with various insurance products and services through its other business groups.

All insurance products will be offered and sold only through Automatic Data Processing Insurance Agency, Inc., its licensed agents or its licensed insurance partners, 1 ADP Blvd., Roseland, NJ 07068. CA license # 0D04044. Licensed in 50 states. Automatic Data Processing Insurance Agency, Inc. is an affiliate of ADP, LLC. Certain services may not be available in all states. Certain services are provided through the carrier partners and an additional carrier fee may apply. ADP and the ADP Logo are registered trademarks of ADP, LLC. Copyright © 2016 ADP, LLC.