Bailyagency.com

Understanding My HRA (How It Works, What It Covers, & More)

An HRAis a Health Reimbursement Arrangement. It is literally an arrangement in which your employer arranges to pay for some of your medical expenses to offset your plan’s high deductible. Your HRA will help you with your … See more

Actived: 8 days ago

URL: https://bailyagency.com/blog/understanding-hras/

A Step-By-Step Guide to the Benefits Renewal Process

WEBThe employee benefits and group health renewal process can be tedious and frustrating! This step-by-step guide lays out a proactive plan for a smooth and …

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6 Step Strategy to Creating an Effective Group Health Insurance Plan

WEBDesigning your group health plan. Incenting wellness among your employees. Reviewing all compliance regulations. Leveraging the insurance marketplace. These factors are the …

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What is Section 125

WEBA Section 125 plan benefits your employees because it allows them to use the money they have earned without it being taxed. In fact, it allows your employees to …

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What Factors Affect My Group Health Insurance Costs

WEBHow much have your group health insurance costs risen over the last three years? Many businesses see increases ranging from 6% to 56% on their group health …

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A Review of Highmark Group Health Insurance (6 Pros to Consider)

WEBA Review of Highmark Group Health Insurance (6 Pros to Consider) By Aaron Ochs October 26, 2021 Employee Benefits/Group Health Insurance, Insurance, Life and …

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A Review of UPMC Health Plan (7 Pros of This Group Health …

WEBUPMC gets excellent reviews when it comes to customer service, claims processing, and online services. UPMC provides health insurance for more than 4 million members. That …

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Understanding Captive Health Insurance (An Option to Control …

WEBA captive health insurance plan is a type of self-insured health insurance plan created by a company or group of companies. If a company is large enough, it can …

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Should I Self-Fund My Company’s Group Health

WEBSelf-funding your group health insurance sounds like risky business! But is it? Should your company consider self-funding? What are the risks? What are the …

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Are Health Savings Accounts Right For My Business

WEBAnnually, the IRS sets the maximum contribution limits on Health Savings Accounts. In 2020, the individual maximum is $3,550 and the family maximum is $7,100. …

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What is Key Person Life Insurance

WEBA Key Person Life Insurance policy is a life insurance policy on a specific individual purchased by a business with the business listed as the beneficiary. This …

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Group Health Compliance: Is My Business ERISA compliant

WEBBeing out of compliance with your group health program can be a big deal. If your business is not in compliance with ERISA regulations, you may accrue penalties …

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Top 5 Reasons To Buy Your Insurance From a Local Insurance …

WEBLocal Investment. The final reason you may want to consider working with a local insurance agency is their investment in their community. Just to name a few, local …

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Top Employee Benefits Advisors in the Pittsburgh Region

WEBHenderson Brothers. Since 1893, Henderson Brothers has been serving clients in Southwestern Pennsylvania. This is a larger, family-owned, commercial …

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The 7 Most Respected Insurance Agent Designations (And Why It …

WEBThe 7 Most Respected Insurance Designations. In the U.S., three institutions provide the coursework to earn insurance designations. They are The National Alliance …

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About Our Agency

WEBIn 1880, Baily Insurance Agency was founded by J. A. F. Randolph and Harry Baily in Waynesburg, PA. Today, we are a fourth-generation insurance agency, family-owned …

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