New Year, New Coverage: Help Employees Avoid Costly Health Plan Mistakes

a couple reviews their new coverage on a laptop sitting in their living room |Corporate Synergies
Navigating new coverage, evolving eligibility requirements and limits can be challenging for you and your employees.

When a new year and new health coverage begins, employees often face challenges understanding and using their benefits effectively. Proactively educating employees can reduce confusion, ease the burden on HR teams, and help control long-term healthcare costs. Some common mistakes include failing to enroll dependents correctly, misunderstanding the difference between dependent care FSAs and healthcare FSAs, and getting frustrated with prior authorization delays. Employees also frequently overlook health savings account (HSA) eligibility rules, fail to verify whether preferred providers remain in-network, and neglect to update beneficiary information for life insurance and retirement plans. By helping employees avoid these pitfalls, employers can ensure a smoother healthcare experience while minimizing administrative strain and financial risk.

 

Key Strategies for Employers

Click to expand the employee benefits strategies for HR and Finance.

After open enrollment, HR should encourage employees to review and save their benefit confirmation statements to ensure all eligible dependents are enrolled correctly. For plans effective January 1, employees should verify that insurance ID cards reflect accurate coverage and enrolled dependents. If physical ID cards are not issued, HR can direct employees to the insurance carrier’s website or member portal to confirm active coverage.

HR teams should proactively educate employees on the distinction between these commonly confused accounts. A Dependent Care Flexible Spending Account (DCFSA) is used for eligible dependent care services such as daycare, preschool, after-school programs, and elder care. A Health Care FSA covers qualified medical expenses for employees and their dependents, regardless of plan enrollment. HR should also remind employees that both accounts are subject to “use-it-or-lose-it” rules and clearly communicate applicable deadlines and plan provisions.

When employees raise concerns about delayed or denied services due to prior authorizations, HR should clarify that approvals often depend on provider submissions to the insurance carrier. In many cases, delays occur because required documentation has not been initiated by the provider. HR can guide employees to check with both their provider and their insurance carrier on the status of any authorization requests. For urgent medical needs, HR can advise employees to ask their provider to mark the request as urgent when submitting it.

While a High Deductible Health Plan (HDHP) paired with an HSA offers valuable tax advantages, eligibility rules can be complex. HR should ensure employees understand that factors such as enrollment in other medical coverage or being claimed as a dependent on another person’s tax return may disqualify them from contributing to an HSA. Clear communication around eligibility requirements can help prevent compliance issues and employee confusion.

HR should remind employees that insurance carrier–provider contracts can change throughout the year, even when the employer does not change carriers. Encouraging employees to verify their preferred providers’ in-network status before receiving care can help them avoid unexpected costs. HR can reinforce that using in-network providers is almost always more cost-effective than seeking out-of-network services.

Outdated or missing beneficiary information can create complications for employees’ families in the event of an unexpected death. HR should continue encouraging employees to periodically review and update beneficiaries for both life insurance and retirement plans, which are maintained separately. Offering short review sessions with a plan administrator can make this process easier and help employees avoid potential probate issues for their loved ones.

Want more?

Get our 16-page guide of even more essential HR strategies for employee benefits.
Paige Hallett headshot | Corporate Synergies
Paige Hallett partners with Corporate Synergies’ west coast clients to develop health and welfare strategies that control costs, mitigate risk, attract top talent and drive employee engagement. She works closely with our internal teams to meet and exceed client expectations.

Share

Related Content

Latest Content

Want More?

On Demand Webinars​

View any of our past recorded webinars. Note that the recorded webinars are not eligible for CE credits.

Current Events Calendar ​

Learn from respected experts while you earn CE credits for select continuing education events, free of charge.​

Further Learning​

Never miss another event! Receive email alerts for upcoming events and service offerings.​

LIKE WHAT YOU'RE READING?

Get Notified!

We will send important benefits-industry information directly to your inbox as it becomes available, including accredited CE events.

Matt McCuen

National Executive at Imagine360

Matt McCuen is an industry veteran, with over 30 years of experience in the self-funded space.  

As the National Marketing Executive for Imagine360, Matt works with self-funded employers across the nation to improve the benefits they offer to their employees and families. 

Imagine360 is the leading provider of employer-sponsored health plan solutions that deliver deep cost savings and concierge member support. Leveraging 50+ years of expertise, Imagine360’s solutions combine the financial benefits of reference-based pricing, best-in-class member support, and health plan administration.  

Greg Santulli

CEO of Rx Valet

Greg Santulli is the CEO and Co-Founder of Rx Valet, an industry leading Pharmacy Cost Savings company. Greg has over 30 years of experience in healthcare and pharmacy. His leadership has positioned Rx Valet as the one of the leading providers of Pharmacy Cost Containment, low-cost access to medications and a successful pharmacy benefit manager. His company’s approach is to engage all parties involved to provide unprecedented results. 

Mitch Lamoriello

VP Wealth Advisor at Advus Partners

Mitchell has innovation in his bones. He understands the unique challenges and circumstances clients face in their financial lives, and is passionate about discovering new ways his family firm can help serve a changing investor and investment marketplace.

As an investment specialist, Mitchell sits on the Advus’ investment committee. He also is responsible for assisting in the firm’s qualitative and quantitative due diligence process and contributing to the research on capital markets and global economic conditions. His knowledge base in investments provides him with a strong foundation to help answer client questions and navigate issues with their portfolio. As he spends more time with clients, Mitchell understands the importance of achieving goals and has expanded his knowledge, skills and approach beyond investments to encompass holistic financial planning.

andy rhea

Andy Rhea

President of Align Risk Solutions

Andy is the President of Align Risk Solutions. Prior to the formation of Align, Andy served as General Counsel to the Captive Insurance Division for the Tennessee Department of Commerce and Insurance. He began his legal career with the Mississippi Insurance Department and in private practice. He is a licensed attorney (in both Tennessee and Mississippi) and holds the Associate in Captive Insurance designation. Andy is very active in various captive insurance associations, currently serving as the President of the Tennessee Captive Insurance Association. Andy is a graduate of Mississippi State University where he received a BBA and MBA, and he earned his law degree from the University of Mississippi. During the feasibility and formation phases of Align’s process, Andy is involved in all regulatory, business plan and application functions. Ongoing, Andy is responsible for corporate governance, regulatory matters, and client relationships. 

Andrew Zito

President/CEO – Advus Fincancial Partners

Andrew has always been fascinated by complex things. The more complicated something is, the more he wants to understand it and fix it. From applying technology to solve business problems to working with plan sponsors to untangle complicated situations, he thrives on finding efficient and effective solutions.

Andrew oversees the operations of Advus, translating the firm’s vision and objectives into actionable processes. His responsibilities encompass technology solutions, business processes, service standards and human resources. He also is directly responsible for the retirement plan division and settingits strategic direction.

Andrew specializes in the qualified retirement plan aspect of the Advus business. Throughout his career, he has worked with retirement plans in a variety of different capacities. He began his career as an intern at Advus (formerly LAMCO Advisory Services, Inc.) assisting with compliance testing. He then spent several years working on platform conversions for retirement plans before moving into his present consulting role. Within the retirement plan space, he specializes in complex plan situations including plan mergers, spinoffs, complex regulatory audits, M&A activity and error corrections.