Updates

Why You Should Use the HSA Instead of the HRA in 2018

Oct 16th, 2017
Open enrollment is here. You know, that time of year where you make choices about your benefits at work? One area that I’ve noticed that people may want to take a little more time in comparing their options is in the health insurance plan that they choose. As an Eli Lilly employee you can choose … more »

Lilly VERP Analysis – Should I Stay or Should I Go?

Sep 18th, 2017
What factors do you need to consider when evaluating your VERP offer? How do you know if the VERP is right for you? We had clients calling the morning the VERP was offered to schedule time to come in to have us help them evaluate their offer. Here’s what we’re talking to them about, along with … more »

Lilly HSA Plan Changes – Effective October 3, 2017

Sep 9th, 2017
Lilly has recently announced changes to the investment menu within the Health Savings Account (HSA). Effective October 3, 2017, all funds are moving from Class A to Institutional Class Shares. This will not be a change in the actual funds or underlying investments, but the fund ticker symbols will be different and fees will be … more »

Eli Lilly Employee Voluntary Early Retirement Program (VERP) Decision

Sep 8th, 2017
Many employees of Eli Lilly will consider a Voluntary Early Retirement Program (VERP) offer as Lilly looks to workforce reductions in an effort to improve its cost structure. Approximately 3,500 positions are expected to be impacted by the reductions. VERP offers can be complicated. You should compare the value of the enhanced benefits being offered … more »

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