One of many services that Redwood Health Services (RHS) provides its clients is ‘Single Billing.’ Single Billing removes the complexity the Employer faces in reconciling the Insurance Carrier’s billing to the Employee census. Under Single Billing: RHS invoices the employer monthly for their Insurance Carrier’s premium, HRA claims, and administrative fees. One check from the…Read more
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On Dec. 13 President Barack Obama signed the 21st Century Cures Act into law. The law allows small businesses to use HRAs to fund employees who purchase individual health plans on the open market. Employers that don't sponsor a group health plan and who have fewer than 50 full-time employees can fund employee HRAs to…Read more
Wishing You a Peaceful and Joyous Holiday! On behalf of myself and all the staff of Redwood Health Services we'd like to express our best wishes for a happy holiday season and our sincere thanks for your loyalty and goodwill throughout the year.Read more
With the high out-of-pocket costs of your new health plan, it's time to consider enrolling in an FSA. Employer-sponsored flexible spending accounts (FSAs) are benefit plan arrangements that allow employees to pay for certain health care or dependent care expenses on a pre-tax basis. It can be offered alone or in conjunction with a major…Read more
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