FAIRPORT, N.Y., Feb. 13, 2018 /PRNewswire/ -- NestUp
® expedites the move towards high-deductible health
plans and health savings accounts (HSAs) that offer
transformational potential. Employers and employees deserve a more
cost-effective system where both parties save money, gain
transparency and maximize their contributions, Julie Bagley believes.
Bagley, with hands-on experience across the health care, HSA,
finance and benefits universes, understands how health care cost
pressures affect both employers and employees. In August, she
joined benefits decision support innovator Perspective Partners,
LLC as VP of Business Development for NestUp Managed
Deferrals® and earned the sales award in
2017.
"The current health care benefits system is unsustainable," says
Bagley. "NestUp Managed Deferrals offers a creative,
comprehensive platform that ties health and wealth benefits
together and executes on that plan. Employers can then maximize
employee benefits while employees maximize their contribution
dollars."
Aligning Health Insurance Coverage with Cost
Many employers fear moving to a high-deductible health plan
because they are afraid it would increase out-of-pocket costs for
their employees. However, as a health care benefits veteran, Bagley
explains to employers that this just isn't true.
"Most employees never utilize even a fraction of the health
insurance that their employers provide, which means they are
over-insured," Bagley says. "Instead of wasting those premium
dollars, it makes sense to spend less on high-deductible health
insurance premiums and save the difference in an HSA."
NestUp Managed Deferrals ® takes the pain out of the
transition from traditional health insurance to a high-deductible
plan paired with an HSA. Perspective Partners pioneered this simple
interface four years ago, well ahead of the health-wealth benefit
convergence curve. Through the NestUp® platform,
employees receive personalized information and suggestions about
their HSA and 401(k) contributions in one place. And, they can
implement their decisions in two clicks of the mouse during open
enrollment.
Benefits Decision Making Innovation
The benefits space is ripe for disruption as current systems are
siloed, cumbersome and clunky for both administrators and users.
Perspective Partners seeks to close the gap between health and
wealth benefits, providing employers and employees with the
transparency and decision-making ability to create a better
future.
NestUp Managed Deferrals® not only simplifies the
process of managing health and wealth contributions, it also
creates opportunity for payroll tax savings. Every additional
dollar contributed by employers and employees to tax deferred
vehicles such as 401(k)s and HSAs saves 7.65
cents in taxes for both employers and employees.
Those savings add up rapidly and can be used toward benefit
contributions instead of paying taxes, meaning that both companies
and employees can contribute more to their health care and
retirement without saving more.
About Perspective Partners and NestUp Managed
Deferrals®
Perspective Partners facilitates the transition of employees
from viewing HSAs as a pass-through spending account to a vehicle
for saving and investing for the health expenses of today and
tomorrow. The NestUp Managed Deferrals® platform
provides a strong foundation for holistic benefit management,
saving money and effectively deploying benefit savings.
Perspective Partners launched NestUp Managed
Deferrals® to empower employers and employees to
achieve their retirement, health and financial wellness goals.
NestUp Managed Deferrals® offers significant
benefits to employers and employees by maximizing deferral dollars
and clarifying benefits choices.
To schedule a demo of the NestUp Managed
Deferrals® platform, call (585)
280-6088.
NestUp Managed Deferrals® is a service of Perspective
Partners, LLC, a wholly owned subsidiary of Manning & Napier
Group, LLC.
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SOURCE Perspective Partners, LLC