NARFA

?? ?? ?? Have you considered a Health Savings Account? Employee contributions and average account balances in health savings accounts are continuing to creep up, though plan sponsors see further participant education as key to boosting HSAs even further, according to the results of the sixth annual HSA Benchmarking Survey conducted by the Plan Sponsor Council of America. https://lnkd.in/dzatqkBD #NARFA #association #benefits #healthsavingsaccount #HSA #savings #finance #tax #healthinsurance #insurance #employeebenefits #benefitsadministration #education #communication #enrollment #openenrollment #healthplans

Again, NARFA is proud to be ahead of the curve offering alternative funding strategies for our members' health plans. We bring exclusive products to our members that not only beat the market, but also offer excellent coverage with no surprises. Here's a good write-up from McKinsey & Company. "To meet employers’ needs for affordability and better member experience, many carriers have introduced novel plan designs and strategies, which, according to experience, could lead to potential cost savings of 10 to 30 percent, along with high member engagement and satisfaction." https://lnkd.in/en795Rpb #NARFA #association #advocacy #strategy #compliance #finance #healthinsurance #plandesigns #innovation #healthcarecosts #healthplans #healthcare #insurance #benefits #employeebenefits

? U.S. average gasoline prices are set to fall below the $3-a-gallon level, just in time for Thanksgiving, when holiday travel is expected to climb back to pre-pandemic levels. The national average retail fuel price already has fallen to the lowest since January, floating just a few cents above its 2021 level. Prices are on track to fall further as West Texas Intermediate crude clings near its lowest level since September. https://lnkd.in/e-e8wz2d #NARFA #fuel #gasprices #fuelprices #oilandgas #transportation #travel #roads #gasoline #economy #inflation #holidaytravel

Open enrollment season — the period that kicks off at the start of November during which you can enroll in, renew or change your health care plan — may serve as an unwelcome reminder of just how costly taking care of yourself can be. From routine costs — like co-pays at doctor's visits, therapy sessions and prescription medications — to unexpected medical bills, health care expenses weigh heavily on many people's budgets. ?? ?? ?? NARFA is proud to offer multiple health plan options to our members, at rates that beat the market, and coverage with no surprises. Contact us to learn more. A few minutes of your time can save you big money: [email protected] 800-258-5318 https://lnkd.in/eVye__Ur #association #healthinsurance #healthcare #health #medical #healthcarecosts #enrollment #openenrollment #Benefitsadministration #benefits #employeebenefits #finance #compliance #strategy

There are many options out there for alternative funding strategies for your group #healthinsurance. NARFA is proud to offer several. Our renewals are never transactional, and we sit down with members and potential members every year to find the best fit for their organizations. We offer programs not available on the open market, and we consistently beat market trends. We'd love to hear your thoughts below... #NARFA #association #healthcare #benefits #employeebenefits #benefitsadministration #HSA #levelfunding #ICHRA #HDHP #HSA #healthsavingsaccount #coverage #networks #access #memberbenefits

The average transaction price (ATP) paid for a new vehicle in the U.S. in October was $48,623, according to new data from Kelley Blue Book. Transaction prices last month were higher than the revised September price ($48,423) and higher by 1.7% from year-earlier levels ($47,826). For more than a year now, new-vehicle prices in the U.S. have remained mostly unchanged and near $48,500, as higher inventory levels continue to hold downward pressure on the market. With new vehicle prices hovering around $48,500 for over a year and inventory levels increasing, how might this pricing plateau affect automotive industry employment and dealership operations in 2025, especially considering potential shifts in consumer buying patterns? https://lnkd.in/emjZzz7f #NARFA #automotive #autoindustry #inventory #dealerships #cardealerships #automotivedealership #economy #finance #vehicles #cars

This is the time of year when employers should be analyzing the best #healthinsurance coverage for their employees, and having a strategic partner like NARFA who can provide expertise into enrollment is critical! If your business offers health insurance benefits to employees, you’ve likely heard of alternative funding models like self-funding or level-funding. But what exactly do these alternative approaches entail, and why are more employers considering them instead of traditional fully-insured plans? ?? NARFA offers multiple plan designs ?? Pricing that beats the market ?? Full COBRA, enrollment, and administrative support ?? New plan designs for 2025 that may result in premium decreases And much more...contact us today! ?? [email protected] ?? 800-258-5318 https://lnkd.in/eeJ9sVPJ #NARFA #healthinsurance #benefits #employeebenefits #healthcare #healthcarecosts #levelfunding #selfinsured #selffunding #healthplans #insurance #benefitsadministration

The Internal Revenue Service (IRS) has released its annual update to welfare and retirement benefit plan limits for 2025, reflecting important adjustments for inflation and new legislation. These changes affect millions of Americans’ retirement planning and healthcare savings strategies. Take a look at this great guide: https://lnkd.in/eza5w9_V #NARFA #IRS #retirementplans #retirement #pension #healthcare #healthinsurance #HDHP #HSA #ICHRA #strategy #finance #compliance

Proud to call those who have served part of our #energy workforce.

Thank You Veterans! #VeteransDay #Veterans #VeteransDay2024 #NARFA