#USA #New York #Health Benefits #Fingercheck #Meridio

Fingercheck and Meridio: A New Era for Health Benefits

In a groundbreaking partnership, Fingercheck, a comprehensive platform for payroll and HR management, has collaborated with Meridio, a provider specializing in health benefits for small to mid-sized businesses. This association promises to transform how hourly and field workers access medical, dental, and vision coverage, making it more affordable and manageable for employers and employees alike.

Addressing the Coverage Gap

According to the U.S. Bureau of Labor Statistics, access to employer-sponsored health benefits is significantly lower in smaller companies. Only 56% of workers at establishments with fewer than 50 employees have access to medical benefits, starkly contrasting with the 91% coverage rate in larger businesses with over 500 employees. Fingercheck aims to bridge this gap by providing scalable options tailored specifically for businesses that operate outside traditional office settings, such as construction and field service companies.

In the past, many small business owners expressed their willingness to offer health benefits; however, the high costs and complexity associated with choosing and managing these plans were significant barriers. The announcement by Fingercheck, driven by CEO Dan Kazan, stresses that health benefits should not solely cater to larger corporations that have dedicated HR resources.

The Offering

Through this partnership, Fingercheck clients now have the capability to:

• - Provide comprehensive medical, dental, and vision coverage for both salaried and hourly employees.
• - Sample a variety of plans that align with their budget and workforce composition.
• - Enjoy reduced costs, as Meridio clients reportedly save an average of 20% on annual health benefits.
• - Automate payroll contributions associated with benefit selections, thus reducing administrative burden.

This initiative greatly empowers small business owners, allowing them to offer competitive benefits without the drawbacks of complex administration. Moreover, with Meridio's dedicated guidance for plan enrollments, employees can access year-round support without unnecessary hassle.

CEO Bobby Sain of Meridio highlighted the seamless integration of their solutions with Fingercheck's existing platform, further emphasizing how this partnership enhances the overall utility of Fingercheck’s services. By connecting payroll, time tracking, HR management, and now health benefits into one cohesive system, Fingercheck reinforces its commitment to support small businesses effectively.

A Comprehensive Benefits Solution

The collaboration comes as part of Fingercheck's broader strategy to cultivate a comprehensive benefits offering for its clients. Alongside workers' compensation and 401(k) options already available on its platform, the inclusion of Meridio's health benefits positions Fingercheck as a holistic solution for payroll and benefits management. This ensures that employees get a tailored approach that fits their unique circumstances and diverse needs, regardless of the size of their employer.

For small to mid-sized businesses eager to embrace the future of employee benefits management, this partnership between Fingercheck and Meridio represents a turning point. By streamlining the often complicated landscape of health benefits, they are paving the way for a healthier, more equitable work environment across industries.

To explore these innovative services offered by Fingercheck and see how they are reshaping payroll and benefits management for businesses, visit fingercheck.com/benefits.